Common use of Free of Encumbrances Clause in Contracts

Free of Encumbrances. At the Closing, the Property shall be free and clear of all encumbrances except Permitted Encumbrances agreed to or assumed by Buyer;

Appears in 1 contract

Sources: Contract of Sale and Purchase (Medalist Diversified REIT, Inc.)

Free of Encumbrances. At the Closing, the Property shall be free and clear of all encumbrances except Permitted Encumbrances agreed to or assumed by BuyerEncumbrances;

Appears in 1 contract

Sources: Contract of Sale and Purchase (First South Bancorp Inc)