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Common use of Purchased Property Clause in Contracts

Purchased Property. The Sellers have good and marketable title to, or a valid leasehold interest under enforceable leases in, all of the Purchased Property, in each case, free and clear of any Liens, other than Permitted Liens.

Appears in 2 contracts

Sources: Asset Purchase Agreement (P10, Inc.), Asset Purchase Agreement (P10, Inc.)

Related Clauses

  • Purchased Assets
  • Transferred Assets
  • PURCHASER’S PROPERTY
  • Mortgaged Property
  • The Property

Parent Clauses

  • Purchase and Sale of the Purchased Property
  • Purchase and Sale of Receivables
  • Sale of Receivables
  • Sale and Purchase Definition of Purchased Assets Assumed Liability
  • Interpretation

Sub-Clauses

  • Good Title
  • Repurchase upon Breach
  • Conveyance of Purchased Property; Intent of the Parties
  • Representations and Warranties of the Seller regarding the Receivables
  • Representations and Warranties as to the Security Interest of the Purchaser in the Receivables
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