OBLIGATIONS OF SELLER AND SHAREHOLDER AT CLOSING. At Closing, Seller and Shareholder shall deliver or cause to be delivered to Buyer the following in form and substance reasonably satisfactory to Buyer:
OBLIGATIONS OF SELLER AND SHAREHOLDER AT CLOSING. At Closing, Sellers shall deliver or cause to be delivered to Buyer the following in form and substance reasonably satisfactory to Buyer: Documents Relating to Title. Seller shall execute, acknowledge, deliver and ------------------------------ cause to be executed, acknowledged and delivered to Buyer: (i) A Xxxx of Sale, in form and substance satisfactory to Buyer, warranting and conveying to Buyer good, valid and marketable title to all Assets, free and clear of all liens, mortgages, pledges, encumbrances, security interests, covenants, easements, rights of way, equities, options, rights of first refusal restrictions, special tax or governmental assessments, defects in title, encroachments and other burdens, except for the Assumed Leases, Contracts and Liabilities; (ii) Certificates of title to all vehicles that constitute Assets endorsed by Seller together with completed originals of any forms required by all applicable states to transfer the same, free and clear of all liens, except for the Assumed Leases, Contracts and Liabilities; and (iii) an effective and enforceable assignment to Buyer of each Lease and Contract which Buyer has agreed to assume.
