Owner Warranties. Owner warrants that Owner is the record title owner of the Property and is legally entitled to authorize Broker to lease the Property. Owner warrants that if there is a mortgage or mortgages on the Property, Owner is current with regard to payments owing under such mortgage or mortgages.
Owner Warranties. State represents and warrants that:
Owner Warranties. Owner represents and warrants to Bolsa as follows: that Owner is the sole owner of and has the exclusive possession of the Property free and clear of all claims, liens, encumbrances, royalties, options, agreements or rights of third-parties whatsoever, except as specifically set forth in Exhibit A hereto; that all necessary taxes and assessments have been timely made in accordance with all applicable local, state and federal laws; that Owner is in actual possession of the Property and knows of no claim to or possession of the Property adverse to Owner; and that Owner has the full right, power and capacity to enter into this Agreement on the terms and conditions herein contained. Owner covenants that the status of the Property, as represented above, shall not be affected adversely because of any act or omission on the part of Owner during the term of this Agreement. Owner hereby further represents and warrants to Bolsa, its successors and assigns: that the consummation of this Agreement will not result in or constitute a default or an event that, with notice or lapse of time or both, would be a default, breach or violation of any contract, commitment or arrangement to which Owner is a party or by which Owner is bound; that Owner shall not create, permit or suffer any liens or encumbrances, reservations, restrictions or easements on the Property; that to the best of Owner’s knowledge, there are no environmental or physical conditions on the Property which are, or would be, a violation of any applicable federal, state or local law, regulation or ordinance and that Owner has not received any notice of any investigation of any such condition or violation; that Owner has good right and lawful authority to convey the Property; and that Owner shall defend the title to the Property against the lawful claims of all persons whomsoever.
Owner Warranties. The Owner warrants that:
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Owner Warranties. The motor vehicle to which this Agreement relates is more specifically described in the attached Exhibit A (the “Vehicle”). Except as otherwise provided in Section 2, Owner represents and warrants that Owner possesses valid, good and clear title and current registration to the Vehicle (all current, valid and fully paid for), the Vehicle is owned solely and exclusively by Owner, and there are no liens, encumbrances, or judgments on the Vehicle of any kind or nature, including outstanding claims related to state, local or federal taxes and amounts owed in connection with any traffic or motor vehicle violations. Owner agrees to maintain registration of the Vehicle, as required by any applicable Department of Motor Vehicles or similar authority, throughout the Term (as defined in Section 12) of this Agreement. In the event Vehicle registration is required to be renewed or otherwise lapses during the Term of this Agreement, Shift may renew or otherwise reinstate such registration on Owner’s behalf, and shall deduct any fees and expenses associated therewith (“Registration Maintenance Fees”) from any amounts due to Owner hereunder. Owner agrees to pay any costs associated with maintaining registration (whether maintenance of registration is performed by Owner or Shift), including but not limited to the costs of vehicle insurance, taxes or other fees. If the Vehicle is subject to a Loan (as defined below), Owner agrees to continue to timely make any and all payments required by such Loan. Owner shall maintain insurance on the Vehicle throughout the Term of this Agreement, unless otherwise notified in writing by Shift that Owner may cancel or terminate such insurance. Owner further represents and warrants that the description of the Vehicle contained in Exhibit A is true and correct, and the Vehicle is free of any undisclosed defects actually known to Owner. Owner warrants that the Vehicle has a clean title and history, and that Owner has disclosed to Shift any accidents or repairs known to Owner involving the Vehicle, whether reported or unreported on any applicable Vehicle history report. Owner warrants that Vehicle is free of structural or frame damage, salvage or branded title, odometer rollbacks or misreadings, and has never been reported stolen or involved in any accident in which the Vehicle’s airbags were deployed. Shift shall have the right to perform due diligence to verify that all representations made by Owner are true, complete and correct. Shift may ...
Owner Warranties. 5.1 The Yacht is furnished in proper operating order with all equipment required for legal operation thereof and with registration posted on board;
Owner Warranties. OWNER, hereby warrants and represents to LICENSEE that, to its knowledge, the PROPERTY does not infringe any intellectual property of any third party in United States.
Owner Warranties. “OWNER WARRANTIES” means that the OWNER hereby warrants and represents the following:
