Common use of Instruments of Transfer and Conveyance Clause in Contracts

Instruments of Transfer and Conveyance. The conveyance, transfer, assignment and delivery of the HLI Assets as herein provided shall be effected by delivery by HLI at Closing (or any time thereafter) to LSAI and LSI of instruments of transfer, conveyance, endorsements, bills of sale, all in form satisfactory to LSAI and LSI, duly executed, as LSAI and LSI shall reasonably deem necessary to vest in LSAI and LSI at Closing and at any time thereafter, good and marketable title to the HLI Assets, free and clear of any lien, charge, claim, pledge, security interest or other encumbrance of any type or kind whatsoever.