Common use of Good Title, Adequacy and Condition Clause in Contracts

Good Title, Adequacy and Condition. (a) Seller has, and at Closing will have, good and marketable title to the Assets with full power to sell, transfer and assign the same, free and clear of any Lien, and by virtue of the grant, conveyance, sale, transfer, and assignment of Assets hereunder, Purchaser shall receive good and marketable title to all of the Assets, free and clear of all Liens.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Skylynx Communications Inc), Asset Purchase Agreement (Skylynx Communications Inc), Asset Purchase Agreement (Skylynx Communications Inc)

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Good Title, Adequacy and Condition. (a) Seller has, and at Closing will have, good and marketable title to the Assets with full power to sell, transfer and assign the same. Except as disclosed in Schedule 5.16, the Assets are free and clear of any Lien, and by virtue of the grant, conveyance, sale, transfer, and assignment of Assets hereunder, Purchaser shall receive good and marketable title to all of the Assets, free and clear of all Liens.

Appears in 1 contract

Samples: Asset Purchase Agreement (Skylynx Communications Inc)

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Good Title, Adequacy and Condition. (a) Seller has, and at Closing will have, good and marketable title to the Assets with full power to sell, convey, grant, assign, transfer and assign deliver the same, free and clear of any Lien, Lien The Seller covenants and by virtue of agrees that it will warrant and defend the grant, conveyance, sale, transfer, and assignment of Assets hereunder, Purchaser shall receive good and marketable title to all of the AssetsAssets hereby sold to the Purchaser, free its successors and clear assigns, against the claims, demands and charges of all Lienspersons whomsoever.

Appears in 1 contract

Samples: Asset Purchase Agreement (Florida Panthers Holdings Inc)

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