Common use of Title to and Sufficiency of Assets Clause in Contracts

Title to and Sufficiency of Assets. (a) Seller has good and marketable title to, or a valid leasehold interest in, the Purchased Assets, free and clear of any Encumbrances except Permitted Encumbrances.

Appears in 4 contracts

Samples: Asset Purchase Agreement (American Tire Distributors Holdings, Inc.), Asset Purchase Agreement (American Tire Distributors Holdings, Inc.), Asset Purchase Agreement (American Tire Distributors Holdings, Inc.)

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Title to and Sufficiency of Assets. (a) Seller has good and marketable transferable title to, or a valid leasehold interest in, to all of the Purchased Assets, Assets and at Closing the Purchased Assets will be free and clear of any Encumbrances except all Encumbrances, other than Permitted Encumbrances.

Appears in 1 contract

Samples: Asset Purchase Agreement (FreightCar America, Inc.)

Title to and Sufficiency of Assets. (a) Seller (or a Selling Subsidiary of Seller, as the case may be) has good and marketable title to, or a valid leasehold interest into, the Purchased Assets, free and clear of any Encumbrances all Encumbrances, except for Permitted Encumbrances.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ciber Inc)

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Title to and Sufficiency of Assets. (a) Seller has good and marketable title to, or a valid leasehold interest in, the Purchased Assets, free and clear of any Encumbrances except Permitted Encumbrances, and is exclusively entitled to possess and dispose of same to Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Tire Distributors Holdings, Inc.)

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