Common use of Title to Tangible Assets Clause in Contracts

Title to Tangible Assets. Except for Permitted Encumbrances, the Owned Inventory and the Owned Equipment is owned beneficially by one or more of the Sellers, free and clear of all Liens, and such Sellers have good and marketable title thereto.

Title to Tangible Assets. Except for Permitted Seller Encumbrances, the Owned Net Inventory and the Owned Equipment is owned beneficially by one or more of the Sellers, free and clear of all LiensLiens (except Seller Encumbrances), and such Sellers have good and marketable title thereto.