Common use of Marketability of Title Clause in Contracts

Marketability of Title. Except as provided for in 10Charge Hungary's Financial Statements, 10Charge Hungary has, and on the Closing Date will have, good and marketable title to all of their respective furniture, fixtures, equipment and other assets as set forth in 10Charge Hungary's Financial Statements, and such assets are owned free and clear of all security interests, pledges, liens, restrictions and encumbrances of every kind and nature.

Appears in 2 contracts

Sources: Reorganization and Stock Purchase Agreement (10charge Inc), Reorganization and Stock Purchase Agreement (10charge Inc)