Common use of Title and Encumbrances Clause in Contracts

Title and Encumbrances. Except as set forth on Schedule 3.7, the Sellers ---------------------- have good and marketable title to and possession of all of the Assets, free and clear of all Liens. Upon each Closing, Sellers will transfer to the Buyer good and marketable title to the Assets, free and clear of all Liens. Notwithstanding the above, the wiring and distribution systems and the equipment at the Properties are subject to the terms and conditions of the Right of Entry Agreements, the Hub Site Leases and all applicable Legal Rules.

Appears in 3 contracts

Sources: Asset Purchase Agreement (Peoples Choice Tv Corp), Asset Purchase Agreement (Vic RMTS Dc LLC), Asset Purchase and Sale Agreement (Vic RMTS Dc LLC)