Title Certificate. Where the Company purchases back the Products in accordance with Article 22.8, the Dealer shall delivered to the Company the certificates evidencing that there is not any encumbrance on such Products. If there is any encumbrance on such Products, the parties shall enter into an agreement pursuant to which the Company shall purchase such Products at an agreed price and such encumbrances shall be released upon the execution of such agreement.
Appears in 2 contracts
Sources: Dealership Contract (Lentuo International Inc.), Dealership Contract (Lentuo International Inc.)