Covenants for title Clause Samples
Covenants for title are promises made by a seller to a buyer regarding the seller’s legal right to transfer ownership of property and the absence of undisclosed encumbrances. These covenants typically assure the buyer that the seller has good title, the authority to sell, and that the property is free from hidden claims or liens. By providing these assurances, the clause protects the buyer from future disputes over ownership or third-party claims, ensuring a clear and marketable transfer of property.
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Covenants for title. The Owner covenants for the benefit of the Mortgagee that:
(a) it is the sole absolute legal and beneficial owner of the Vessel and has the right to mortgage and charge the Vessel pursuant to the terms of this Deed and the Mortgage;
(b) it is mortgaging and charging the Vessel free from all other encumbrances (save for any Second Priority Security) and free from all rights exercisable by third parties; and
(c) it will, at its own cost, do all that it reasonably can to give the Mortgagee the security interest in the Vessel conferred by this Deed and/or the Mortgage.
Covenants for title. Upon Completion the Seller shall be deemed to have given to the Purchaser the same covenants in relation to the sale of the Controlling Interest as are implied by Part I of the Law of Property (Miscellaneous Provisions) ▇▇▇ ▇▇▇▇ where a disposition is expressed to be made with full title guarantee except that s.6(2) of such act shall be excluded and s.3(1) of such act shall apply as if the words “other than” to the end of the sub-section were deleted therefrom.
Covenants for title. The obligations of each Company under this Clause 4 (Perfection of Security and Further Assurances) shall be in addition to and not in substitution for the covenants for title deemed to be included in this Debenture by virtue of Part 1 of the Law of Property (Miscellaneous Provisions) ▇▇▇ ▇▇▇▇.
Covenants for title. Each mortgage, charge and assignment created under this Deed is made by the Chargor with full title guarantee in accordance with the Law of Property (Miscellaneous Provisions) ▇▇▇ ▇▇▇▇.
Covenants for title. The Seller has the right to transfer legal and beneficial title to the Target Shares to Buyers on the terms set out in this Agreement. The Target Shares shall be transferred by the Seller free from any Encumbrance.
Covenants for title. The Seller sells the Property with full title guarantee.
Covenants for title. The obligations of the English Chargor under this Debenture shall be in addition to the covenants for title deemed to be included in this Debenture by virtue of Part 1 Law of Property (Miscellaneous Provisions) ▇▇▇ ▇▇▇▇.
Covenants for title. Without prejudice to Clause 1.1, the Company Shares owned by the Shareholders shall be sold pursuant to the Sale and Purchase with full title guarantee. At the Closing, each Shareholder shall deliver to Parent an Investment and Sale Agreement, substantially in the form as Exhibit 1.2 (the “Investment and Sale Agreement”) which shall contain, in addition to certain representations for securities laws purposes described in Section 1.11, customary representations and warranties by the Shareholder as to their ownership and free transferability of the Company Shares.
Covenants for title. The Transferor will transfer the Premises with full title guarantee except that the Transfer in favour of the Transferee shall contain a provision in the following terms modifying the covenants implied into it by statute: "The covenants implied herein by virtue of the Law of Property (Miscellaneous Provisions) ▇▇▇ ▇▇▇▇ ("the Act") by reason of the Transferor transferring with the benefit of full title guarantee shall be amended as follows:
5.1 The words "at his cost" in section 2(1)(b) of the Act shall be substituted by the words "at the Transferee's cost"
5.2 For the purposes of Section 6(2)(a) of the Act all matters now recorded in the registers open to public inspection are to be considered as being within the actual knowledge of the Transferee
5.3 Section 4(1)(b) of the Act shall not apply to any covenants and conditions contained in the Lease relating to the repair or decoration of the Premises nor to any matter or thing disclosed to the Transferee prior to the date hereof".
Covenants for title. The obligations of each Chargor under this Deed shall be in addition to the covenants for title deemed to be included in this Deed by virtue of Part 1 Law of Property (Miscellaneous Provisions) ▇▇▇ ▇▇▇▇.