Common use of Title to Assets; Encumbrances Clause in Contracts

Title to Assets; Encumbrances. Except as set forth in Schedule 8(b), Seller owns, leases or has the legal right to use all of the Assets. Seller has good and transferable title to, or in the case of leased or subleased assets, valid or subsisting leasehold interests in, all of the Assets, free and clear of any Encumbrances other than Permitted Encumbrances and Encumbrances created by or through Buyer or its Affiliates.

Title to Assets; Encumbrances. Except as set forth in Schedule 8(b), Seller owns, leases or has the legal right to use all of the Assets. Seller has owns good and transferable title to, or in the case of leased property held under a lease or subleased assetsother contract, a valid and enforceable leasehold interest in or subsisting leasehold interests inright to use, all of the Purchased Assets, free and clear of any Encumbrances other than Permitted Encumbrances and Encumbrances created by or through Buyer or its AffiliatesEncumbrances. Schedule 4.6 of the Disclosure Schedules lists the Tangible Personal Property.

Title to Assets; Encumbrances. Except as set forth in Schedule 8(b), Seller owns, leases or has the legal right to use all of the Assets. Seller has owns good and transferable title to, or in the case of leased property held under a lease or subleased assetsother contract, a valid and enforceable leasehold interest in or subsisting leasehold interests inright to use, all of the Purchased Assets, free and clear of any Encumbrances other than Permitted Encumbrances and Encumbrances created by or through Buyer or its AffiliatesEncumbrances. Schedule 4.7 lists the Tangible Personal Property included on the Interim Financial Statements.