Common use of Clear Title Clause in Contracts

Clear Title. Seller, SFC, Xxxxxxx Xxxxx and Xxxxxxxx Xxxxx shall take all action necessary to deliver good and marketable title to the Purchased Assets to Buyer at the Closing, free and clear of any lien, claim, security interest, pledge or other encumbrance, perfected or unperfected, whatsoever. Seller, SFC, Xxxxxxx Xxxxx and Xxxxxxxx Xxxxx shall deliver to Buyer at Closing a waiver from each Lender waiving any claim to the Purchased Assets or the Restaurant other than claims to the Purchase Price to be paid as provided in the Settlement Agreement.