Common use of Title to the Purchased Assets Clause in Contracts

Title to the Purchased Assets. It (i) owns its Purchased Assets free and clear of any Encumbrances arising by, through or under it, except for Permitted Encumbrances; and (ii) except for Permitted Encumbrances, to the Knowledge of Seller, there are no outstanding options, rights of first offer or first negotiation or rights of first refusal in favor of any other party to acquire an interest in its Mining Property, and it has not granted any currently exercisable option or other right to acquire an interest in the other Purchased Assets it owns or to which it has rights; provided that it has not reviewed the Data and makes no representation or warranty as to the accuracy or completeness of any of the Data or that the Data delivered to the Purchaser constitutes all of the documents related to its Mining Property; and (iii) has not received written notice of any, and to the Knowledge of Seller, there are no pending or threatened condemnation proceedings or proposed actions or agreements for taking in lieu of condemnation with respect to any portion of its Mining Property.

Title to the Purchased Assets. It The Seller (i) owns its the Purchased Assets free and clear of any Encumbrances arising by, through or under itthe Seller, except for Permitted Encumbrances; and (ii) except for Permitted Encumbrances, to the Knowledge of Seller, there are no outstanding options, rights of first offer or first negotiation or rights of first refusal in favor of any other party to acquire an interest in its the Mining Property, and it the Seller has not granted any currently exercisable option or other right to acquire an interest in the other Purchased Assets it owns or to which it has rightsthe Property Donation Agreement; provided that it the Seller has not reviewed the Data and makes no representation or warranty as to the accuracy or completeness of any of the Data or that the Data delivered to the Purchaser constitutes all of the documents related to its the Mining Property, the Property Donation Agreement or the Donation Assets; and (iii) has not received written notice of any, and to the Knowledge of Seller, there are no pending pen ding or threatened condemnation proceedings or proposed actions or agreements for taking in lieu of condemnation with respect to any portion of its the Mining Property.

Title to the Purchased Assets. It The Seller (i) owns its the Purchased Assets free and clear of any Encumbrances arising by, through or under itthe Seller, except for Permitted Encumbrances; and (ii) except for Permitted Encumbrances, to the Knowledge of Seller, there are no outstanding options, rights of first offer or first negotiation or rights of first refusal in favor of any other party to acquire an interest in its the Mining Property, and it the Seller has not granted any currently exercisable option or other right to acquire an interest in the other Purchased Assets it owns or to which it has rightsthe Property Donation Agreement; provided that it the Seller has not reviewed the Data and makes no representation or warranty as to the accuracy or completeness of any of the Data or that the Data delivered to the Purchaser constitutes all of the documents related to its the Mining Property, the Property Donation Agreement or the Donation Assets; and (iii) has not received written notice of any, and to the Knowledge of Seller, there are no pending or threatened condemnation proceedings or proposed actions or agreements for taking in lieu of condemnation with respect to any portion of its the Mining Property.