Common use of Title to Purchased Assets Clause in Contracts

Title to Purchased Assets. The Seller owns, leases or has the legal right to use the Purchased Assets and has good title to the Purchased Assets, free and clear of all Liens other than Permitted Encumbrances.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Vera Therapeutics, Inc.), Asset Purchase Agreement (Vera Therapeutics, Inc.)

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Title to Purchased Assets. The Seller owns, leases either owns or has the legal right to use transfer the Purchased Assets and has Assets, and, subject to the entry of the Sale Order, Purchaser will be vested with good title to the such Purchased Assets, free and clear of all Liens Liens, Claims, Interests and Encumbrances other than Permitted EncumbrancesExceptions.

Appears in 1 contract

Samples: Asset Purchase Agreement (Essex Rental Corp.)

Title to Purchased Assets. The Seller owns(a) Sellers or their Affiliates have good and marketable title to, leases a valid leasehold interest in or has the legal a valid license or other right to use the Purchased Assets and has good title to the Purchased Assets, free and clear of all Liens other than any Liens, except for any Permitted EncumbrancesLiens.

Appears in 1 contract

Samples: Asset Purchase Agreement (RiceBran Technologies)

Title to Purchased Assets. The Seller owns, leases or has the legal right to use the Purchased Assets and has good title to the Purchased Assets, and the right to transfer such title. The Purchased Assets shall be sold and conveyed to Buyer free and clear of all Liens liens, charges, claims, counterclaims, rights of set off, rights of recoupment and similar rights, encumbrances, security interests, mortgages, pledges or other than Permitted Encumbrancesclaims or interests of any nature (collectively, "Liens").

Appears in 1 contract

Samples: Equipment Purchase and Sale Agreement (Cleanspark, Inc.)

Title to Purchased Assets. The Seller ownshas good, leases or has the legal right to use the Purchased Assets valid title to, and has good title unrestricted power to sell, convey, assign, transfer and deliver to Purchaser the Purchased Assets, free and clear subject in the case of all Liens other than Permitted Encumbrancesthe Assumed Contracts to any required third Party consent to transfer such asset.

Appears in 1 contract

Samples: Escrow Agreement (Devcon International Corp)

Title to Purchased Assets. The Seller owns, leases leases, licenses, or has the legal right to use all of the Purchased Assets and at the Closing Buyer acquire good title or the right to use the Purchased Assets and has good title to the Purchased Assets, Buyer free and clear of all Liens other than Permitted Encumbrancesliens, claims, and encumbrances (“Liens”).

Appears in 1 contract

Samples: Asset Purchase Agreement (Soligenix, Inc.)

Title to Purchased Assets. The Seller owns, leases or has the legal right to use the Purchased Assets owns and has good title to the Assigned Intellectual Property and Purchased Assets, free and clear of all Liens other than Permitted EncumbrancesEncumbrances and free from any licenses, authorizations that dilute the ownership and title in any manner.

Appears in 1 contract

Samples: Asset Purchase Agreement (Growlife, Inc.)

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Title to Purchased Assets. The Other than the Leased Real Property, Seller owns, leases or has the legal right to use owns each of the Purchased Assets Assets, and has pursuant to the Sale Order, Purchaser will be vested with good and marketable title to the such Purchased Assets, free and clear of all Liens other than Permitted EncumbrancesLiabilities.

Appears in 1 contract

Samples: Asset Purchase Agreement (SUNSHINE SILVER MINES Corp)

Title to Purchased Assets. The Seller owns, leases or has the legal right to use the Purchased Assets is in possession of and has good title to, or has valid leasehold interests in or valid rights under Contract to use, all of the Purchased Assets, free and clear of all Liens Encumbrances (other than Permitted as set forth on the Disclosure Memorandum and imperfections of title or Encumbrances, if any, that have not had, and would not have, a material adverse effect), and will convey the same to the Buyer as of the Closing Date.

Appears in 1 contract

Samples: Asset Purchase Agreement (Creek Road Miners, Inc.)

Title to Purchased Assets. The Seller ownshas (or, leases as of the Closing, will have) or has the legal right is entitled to use the Purchased Assets good and has good marketable title to the Purchased Assets, Assets free and clear of all Liens liens, security interests, mortgages, pledges or other encumbrances other than Permitted Encumbrancesthe Assumed Liabilities expressly assumed by Buyer hereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Norton Motorcycles Inc)

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