Clean title definition
Clean title means title free and clear of any mortgage or hypothèque and of any charge;
Clean title. [to a ship means that any title to or rights and interests in the ship existing prior to its judicial sale have been extinguished and that any charge or mortgage have ceased to attach to the Ship] [means title free and clear of any mortgage or charge];4
Clean title means a title free and clear of any Mortgage/Hypothèque or Charge unless assumed by any Purchaser.
Examples of Clean title in a sentence
Clean title to the Like Equipment shall vest in Lessor and clean title to the Equipment being replaced shall vest in Lessee.
Clean title: You agree that all right, title and interest in and to any Initial Margin in cash which you transfer to us shall vest in us free and clear of any security interest, lien, claims, charges, encumbrance or other restriction.
More Definitions of Clean title
Clean title means title free and clear of any mortgage or charge; 4
Clean title means a title free and clear of all Mortgages or Charges (unless such Mortgages and Charges have been assumed by any Purchaser or Subsequent Purchaser), all Maritime Liens and other liens, and any other encumbrances of whatsoever nature and howsoever arising.
Clean title means title free and clear of any mortgage or charge[, except as assumed by any purchaser];3
Clean title means free and clear of all Charges.
Clean title means title that (i) an experienced, reasonable, prudent operator in the Rocky Mountains would, after reviewing the title and electing to assume such business risks as it ordinarily would assume in similar circumstances, find acceptable for drilling purposes, if it knew that drilling on the leased lands might not be commenced for a period of up to 12 months after its acquisition of the lease; provided, however, that such title must in all events be free and clear of all liens and encumbrances, other than Permitted Encumbrances, or (ii) title, as to specific Leases, that Purchaser chooses to accept in its sole discretion.
Clean title means free and clear of all Mortgages or Charges.