Common use of Warranties of Title Clause in Contracts

Warranties of Title. 11.1.1 PRC warrants that on the Commencement Date it shall transfer, or cause to be transferred, to Xxxx good and marketable title to the Initial Inventory free and clear of any Liens (other than inchoate tax Liens and/or as contemplated in the Intercreditor Agreement), and that it has full right and authority to transfer such title and effect delivery of such Initial Inventory to Xxxx.

Appears in 2 contracts

Samples: Inventory Intermediation Agreement (PBF Energy Inc.), Inventory Intermediation Agreement (PBF Finance Corp)

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Warranties of Title. 11.1.1 PRC warrants that on the Commencement Date it shall transfer, or cause to be transferred, to Xxxx good and marketable title to the Initial Inventory free and clear of any Liens (other than inchoate tax Liens and/or as 38 contemplated in the Intercreditor Agreement), and that it has full right and authority to transfer such title and effect delivery of such Initial Inventory to Xxxx.

Appears in 1 contract

Samples: Inventory Intermediation Agreement (PBF Holding Co LLC)

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Warranties of Title. 11.1.1 PRC warrants that on the Commencement Date it shall transfer, or cause to be transferred, to Xxxx good and marketable title to the Initial Inventory free and clear of any Liens (other than inchoate tax Liens and/or as ny-1739899 contemplated in the Intercreditor Agreement), and that it has full right and authority to transfer such title and effect delivery of such Initial Inventory to Xxxx.

Appears in 1 contract

Samples: Inventory Intermediation Agreement (PBF Energy Co LLC)

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