Common use of TITLE TO AND ENCUMBRANCES ON PROPERTY Clause in Contracts

TITLE TO AND ENCUMBRANCES ON PROPERTY. Contributor has good, valid and marketable title to all of the Assets, free and clear of any liens, claims, charges, exceptions or encumbrances, except for those, if any, which are set forth in EXHIBIT 2.10 attached hereto. Contributor shall cause all encumbrances set forth on EXHIBIT 2.10 (other than those encumbrances indicated on EXHIBIT 1.3(b)) to be released or terminated prior to the Closing Date and evidence of such releases of liens and claims shall be provided to Pentegra on the Closing Date and the Assets shall not be used to satisfy such liens, claims or encumbrances.

TITLE TO AND ENCUMBRANCES ON PROPERTY. Contributor has Contributors have good, valid and marketable title to all of the Assets, free and clear of any liens, claims, charges, exceptions or encumbrances, except for those, if any, which are set forth in EXHIBIT 2.10 attached hereto. Contributor Contributors shall cause all encumbrances set forth on EXHIBIT 2.10 (other than those encumbrances indicated on EXHIBIT 1.3(b)) to be released or terminated prior to the Closing Date and evidence of such releases of liens and claims shall be provided to Pentegra on the Closing Date and the Assets shall not be used to satisfy such liens, claims or encumbrances.