Sellers Title. Seller makes no representations or warranties as to its title to the Oil and Gas Properties, except those created by, through or under Seller.
Sellers Title. SELLER’S title shall be merchantable and free of all liens, encumbrances, and defects, except those that can be satisfied at the act of sale or insured by title insurance. If curative work in connection with the title is required, the parties agree to extend the time for closing the sale by calendar days. SELLER shall pay all costs required to make the title merchantable, including all necessary tax and mortgage releases, certificates, and cancellations, if any. In the event the title is not valid or merchantable, this Agreement may be declared null and void at the option of the PURCHASER.
Sellers Title. Seller has and as of the Closing Date shall have good and marketable title to the Shares free and clear of all liens, security interests, claims, options, charges or encumbrances. None of the Shares are subject to any outstanding agreements of sale or rights of third parties to acquire any interest therein. The Shares constitute all of the capital stock of the Company owned by the Seller. Seller has the right and authority to execute, deliver, and perform this Agreement and all agreements delivered in connection herewith (the “Related Agreements”) and to sell and transfer the Shares to Buyer. To Seller’s knowledge, this Agreement, and all Related Agreements, constitutes legal, binding and valid obligations of the Seller, enforceable in accordance with their respective terms.
Sellers Title. 4. The Seller warrants that it has good, absolute and marketable title to this domain name and that it has been properly registered with Network Solutions, Inc.
Sellers Title. (A) For the purpose of computing adjustments to the Purchase Price for Title Failures under section 6.6, Seller covenants to Buyer that Seller's title to the Assets as of the Effective Time is (and as of the Closing Date will be) good and marketable title as defined in section 6.3; and
Sellers Title. Each Seller hereby warrants and represents by through and under each Seller, but not otherwise, to Buyer that each Seller's title to the Properties as of the Effective Time is (and as of the Closing will be) free of "Title Defects", as defined below.
Sellers Title. SELLER's title shall be merchantable and free of all liens, encumbrances, and defects, except 82 those that can be satisfied at the act of sale or insured by title insurance. If bona fide curative work in connection with the 83 title is required, the parties agree to and extend the time for passing the sale by thirty (30) days. SELLER shall pay any cost 84 required to make the title merchantable, including all necessary tax and mortgage releases, certificates, and cancellations, if 85 any. In the event the title is not valid or merchantable and cannot be made so at a reasonable expense, this Agreement may 86 be declared null and void at the option of the PURCHASER. PURCHASER reserves the right to recover from the SELLER 87 PURCHASER's actual costs incurred in performing PURCHASER's obligations under this agreement.
Sellers Title. 1 The Shares constitute the whole of the issued and allotted share capital of the Company and are fully paid up and beneficially owned by the Sellers free from all Encumbrances and no person has the right (whether exercisable presently or in the future and whether contingently or not) to call for the allotment, sale or transfer of any share or debenture of the Company or to convert any securities (whether of the Company or another undertaking) into shares or debentures, or shares or debentures of a different class, of the Company.
Sellers Title. At the Closing, Seller shall convey to Purchaser Insurable Fee Simple Title to the Real Property subject only to the following exceptions (herein referred to as the "Permitted Exceptions"):
Sellers Title evidence to the full satisfaction of the Lender, proving the Seller’s title to the Vessel free of any Security Interests, debts or claims of any nature whatsoever;
