Title and Interest. It is agreed that all rights, title and interest to and in any payment between the Parties in respect of Contracts under this Agreement, vest in the recipient clear of any liens, charges, encumbrances or any other interest of the transferor or any third party. Nothing in this Agreement creates in favour of either party, any mortgage, charge, lien, pledge or other security interest in any cash or property transferred by one to the other under any Contract.
Title and Interest. ISP acknowledges and agrees that the Equipment is, and at all times shall remain, the property of ART, and that ISP shall have no right, title or interest in or to the Equipment. The Equipment is, and at all times shall remain, personal property notwithstanding that it may now be or hereafter become in any manner embedded in, affixed or attached to real property or any building thereon. ISP covenants and agrees to maintain the Equipment free and clear of all liens, charges, security interests and encumbrances (except any placed thereon by or with the written consent of ART).
Title and Interest. (a) Payments free of security interest Each party agrees that all right, title and interest in, to, under or derived from any payment which it makes to the other party in respect of this Agreement or any Transaction vests in the recipient clear of any security interest or any other adverse interest of the payer or any third party.
Title and Interest. Notwithstanding the delivery of the goods or part of thereof, title to all goods being supplied under this Agreement will not pass to the buyer until payment of all monies owing to Banlaw by the buyer has been received in full by Banlaw. Risk in the goods passes to the buyer on the earlier of delivery or collection of the goods or transfer of title to the goods to the buyer. Until all monies owed by the buyer to Banlaw are paid in full, the buyer:
Title and Interest. The Lessor has a good and indefeasible leasehold interest in the Parcel and good and marketable title to the Facility (together with any necessary easements or rights-of-way or similar property rights), free and clear of all Liens and deed restrictions except Permitted Encumbrances, in the case of the Parcel, and Permitted Liens, in the case of the Facility.
Title and Interest. Contractor represents and warrants that it has the title and interest to transfer all licenses granted pursuant to this agreement.
Title and Interest. Each of the Company and its Subsidiaries has good title to, or a valid leasehold interest in, all of the property and assets used by it, located on its premises, or shown on its financial books and records, free and clear of all claims, liens, charges, restrictions, reservations and agreements, mortgages, pledges, security interests, guarantees, easements, rights of way and encumbrances of any kind or character ("Liens") other than the security interests and other collateral security granted in connection with the credit agreement made as of December 4, 1996, as amended, between the Company and the Canadian Imperial Bank of Commerce and the Permitted Encumbrances (as defined below), and except for properties and assets disposed of in the ordinary course of business. 4.16
Title and Interest. LICENSOR owns or exclusively holds title and interest to and all rights to use, free and clear of all liens, claims and restriction, and to sell, convey and transfer PRODUCT, NEW PRODUCT and KNOW-HOW in the TERRITORY and the grant of the Licenses and the other agreements made herein by LICENSOR do not infringe upon the right or claimed right of any person under or with respect to any of the above.
Title and Interest. Reseller acknowledges and agrees, and shall secure the acknowledgment and agreement of its End Users, that the Equipment is, and at all times shall remain, the property of ART, and that the Reseller and its End Users shall have no right, title or interest in or to the Equipment except as may be expressly set forth in this Agreement. The Equipment is, and at all times shall remain,
Title and Interest. BUMP NETWORKS represents and warrants that BUMP NETWORKS has the title and interest to transfer all the rights (including but not limited to assignments and licenses) granted pursuant to this Agreement.