Title; Capitalization. (a) The Corporation has title to all of its assets and other property subject to the Encumbrances set forth on Schedule 4.3(a) and Encumbrances duly recorded in the public record. Neither Seller or Corporation make any warranty or representation with respect to the condition or marketability of title to the assets. The assets are conveyed "As-Is" in all respects. (b) The Corporation owns or leases pursuant to leases described on Schedule 4.3
Appears in 2 contracts
Sources: Stock and Asset Purchase Agreement (New York Regional Rail Corp), Stock and Asset Purchase Agreement (New York Regional Rail Corp)