Common use of Title to Interests Clause in Contracts

Title to Interests. Seller is the sole owner of the Aircraft and has good title thereto, free and clear of any and all Liens. At Closing, such title shall be transferred to Buyer free and clear of all Liens.

Appears in 5 contracts

Sources: Purchase Agreement (Air T Inc), Purchase Agreement (Air T Inc), Purchase Agreement (Air T Inc)

Title to Interests. Seller is the sole owner of the Aircraft and has good and marketable title thereto, free and clear of any and all Liens. Seller has the full power and authority to transfer full legal and beneficial title to the Aircraft, free and clear of all Liens. At Closing, such good and marketable and fully legal and beneficial title to the Aircraft shall be transferred to Buyer free and clear of all Liens.

Appears in 1 contract

Sources: Purchase Agreement (Air T Inc)