Common use of Good and Defensible Title Clause in Contracts

Good and Defensible Title. If the Closing occurs, then effective as of the Closing Date, such Seller warrants good and defensible title to the Producing Properties sold, conveyed, transferred and assigned by such Seller unto Buyers hereunder against any person lawfully claiming the same by, through or under such Seller, but not otherwise, subject, however to the Permitted Encumbrances, to any matters of record and as shown on Exhibit 11.

Good and Defensible Title. If the Closing occurs, then effective as of the Closing Date, such Seller warrants good and defensible title to the Producing Properties sold, conveyed, transferred and assigned by such Seller unto Buyers hereunder against any person lawfully claiming the same by, through or under such Seller, but not otherwise, subject, however to the Permitted Encumbrances, to any matters of record and as shown on Exhibit 1113.