Common use of The Purchased Assets Clause in Contracts

The Purchased Assets. the Seller is the registered and beneficial owner of, and has good and valid title to, all of the Purchased Assets, free and clear of all Liens, apart from Permitted Encumbrances. Upon consummation of the transactions contemplated by the Agreement, the Buyer will acquire good and valid title to the Purchased Assets, free and clear of all Liens, apart from Permitted Encumbrances;

Appears in 1 contract

Sources: Purchase Agreement (American Bankers Insurance Group Inc)

The Purchased Assets. the Seller is the registered and beneficial owner of, of and has good and valid marketable title to, to all of the Purchased Assets, free and clear of all Liens, apart from Permitted Encumbrances. Upon consummation of the transactions contemplated by the Agreement, the Buyer will acquire good and valid title to the Purchased Assets, free and clear of all Liens, apart from Permitted Encumbrances;.

Appears in 1 contract

Sources: Asset Purchase Agreement (Home Products International Inc)