Title to Tangible Personal Property. Seller has good and valid title to, or a valid leasehold interest in, all of the Tangible Personal Property included in the Purchased Assets. All such Tangible Personal Property (including leasehold interests) is free and clear of Encumbrances except for the following (collectively referred to as “Permitted Encumbrances”):
Appears in 1 contract
Title to Tangible Personal Property. The Seller has good and valid title to, or a valid and enforceable license or leasehold interest in, or other legal rights to possess or use, all of the Tangible Personal Property Property, included in the Purchased Assets. All such Tangible Personal Property (including leasehold interests) is , free and clear of Encumbrances except for the following all Liens (collectively referred to as “other than Permitted Encumbrances”):Liens).
Appears in 1 contract
Samples: Asset Purchase Agreement (Stanley Furniture Co Inc.)
Title to Tangible Personal Property. Each Seller has good and valid title to, or a valid leasehold interest in, all the tangible personal property which comprise a portion of the Tangible Personal Property included in the Purchased Acquired Assets. All such Tangible Personal Property (including leasehold interests) is free and clear of Encumbrances except for the following (collectively referred to as “Permitted Encumbrances”):.
Appears in 1 contract
Title to Tangible Personal Property. Seller has good and valid title to, or a valid leasehold interest in, to all of the Tangible Personal Property included in the Purchased Assets. All such Tangible Personal Property (including leasehold interests) is , free and clear of Encumbrances any lien, charge, claim, pledge, security interest or other similar encumbrance (each, an “Encumbrance”), except for the following (collectively referred to as “Permitted Encumbrances”):liens for Taxes not yet due and payable.
Appears in 1 contract
Title to Tangible Personal Property. Seller has good and valid title to, or a valid leasehold interest in, right to use all of the Tangible Personal Property included in the Purchased Assets. All such Tangible Personal Property (including leasehold interests) is Assets free and clear of Encumbrances all Encumbrances, except for Permitted Encumbrances (and, as of the following (collectively referred to as “Permitted Encumbrances”):date hereof, Encumbrances arising out of the MBG Secured Obligations).
Appears in 1 contract
Samples: Asset Purchase Agreement (Mission Broadcasting Inc)
Title to Tangible Personal Property. Seller has good and valid title to, or a valid leasehold interest in, all of the Tangible Personal Property included in the Purchased Assets. All such Tangible Personal Property (including leasehold interests) is , free and clear of Encumbrances except for the following (collectively referred to as “Permitted Encumbrances”):any and all encumbrances of any kind or nature whatsoever.
Appears in 1 contract
Title to Tangible Personal Property. Seller has good and valid title to, or a valid leasehold interest in, all of the Tangible Personal Property included in the Purchased Assets. All such Tangible Personal Property (including leasehold interests) is , free and clear of Encumbrances except for Permitted Encumbrances (excepting those Encumbrances that will be satisfied by the following (collectively referred to as “Permitted Encumbrances”):Closing or with the Purchase Price).
Appears in 1 contract
