Title Conveyed Sample Clauses
Title Conveyed. Seller represents and warrants to Buyer that, at as of the Effective Date and the applicable Closing, Seller has and will have good and indefeasible fee simple title to the Property. At the applicable Closing, title to the Property being purchased shall be conveyed by Seller to Buyer by special warranty deed on the form attached hereto as Exhibit D (the “Deed”), free and clear of all exceptions, liens, encumbrances, easements and restrictions except the Permitted Exceptions. Seller further represents and warrants to Buyer that prior to or concurrent with the applicable Closing, that Seller shall satisfy all requirements of the Title Company applicable to Seller as set forth in the Original Title Commitment and the Closing Commitment. Title to any personal property or fixtures shall be conveyed by a general assignment and bill of sale in substantially the same form attached hereto as Exhibit E (the “Assignment”).
Title Conveyed. City is the sole and exclusive owner of the City Parcels and has good and valid title to the City Parcels, free and clear of liens, and no other third party has any claim to or interest in any of the City Parcels. City has complete and unrestricted power and the unqualified right to sell, assign, transfer and deliver the City Parcels to PWRF, and at the Closing PWRF will acquire good and valid title to the City Parcels, free and clear of all liens.
Title Conveyed. Seller shall convey merchantable title by warranty deed to be delivered to the purchaser at the time of the closing of this contract and receipt of the total purchase price, free of all liens and encumbrances except:
A. Zoning and deed restrictions and easements of record;
B. Encumbrances created by the purchaser; and
C. Installments, if any, of special assessments not yet due.
D. Oil and Gas Lease, if any, now of record.
E. Current crop remains the property of Seller and/or Seller’s Tenant.
Title Conveyed. Such conveyance and title shall be a determinable fee pursuant to Articles 13 and 16, and shall, in addition to the conditions and covenants hereinafter provided for, be subject to existing easements and restrictions of record, all applicable zoning and building laws, and other encumbrances (if any) specifically referred to in Exhibit A. Developer acknowledges that the City has not made, and by execution of this Agreement or any Deed does not make, any representations or warranties whatsoever with respect to title to the Property.
Title Conveyed. Seller shall, on the Closing Date, convey to Purchaser good, marketable and insurable title to the Property subject only to the Permitted Exceptions.
Title Conveyed. Seller shall convey merchantable title by warranty deed to be delivered to the purchaser at the time of the closing of this contract and receipt of the total purchase price, free of all liens and encumbrances except:
A. Zoning and deed restrictions and easements of record;
B. Encumbrances created by the purchaser; and
C. Installments, if any, of special assessments not yet due.
D. Oil and Gas Lease, if any, now of record.
E. Current crop remains the property of seller and/or seller’s tenant.
F. Access to, and use of, grain storage units located in Tract 12 will be retained by seller until August 31, 2021 and access to, and use of, large shed lean-to until December 31, 2020.
Title Conveyed. At the Closing, Seller shall convey and Buyer shall accept good and marketable title to the Property subject only to the Permitted Exceptions.
Title Conveyed. The stock certificates, stock powers, endorsements, assignments and other instruments being executed and delivered by the Seller to the Purchaser at or after each Closing are and will be legal, valid and binding obligations of the Seller, enforceable in accordance with their respective terms, and will effectively vest in the Purchaser good, valid and marketable title to all the Shares to be transferred to the Purchaser pursuant to and as contemplated by this Agreement free and clear of all Encumbrances.
Title Conveyed. 25 SECTION 3.13 REAL PROPERTY........................................................................ 26 SECTION 3.14 LEASES............................................................................... 26 SECTION 3.15
Title Conveyed. Except as set forth on Schedule 3.12 hereto and except for the Excluded Assets, the Transferred Assets include all assets, properties and rights currently being used by Sellers in the operation of the Business, and all assets, properties and rights necessary to permit Purchasers to conduct the Business in all material respects in the same manner as Sellers have conducted the Business to date. Except as set forth on Schedule 3.12 hereto, Sellers have the power and authority and the right to sell, transfer, convey, assign, and deliver to Purchasers, and upon consummation of the transactions contemplated by this Agreement, Purchasers will acquire title to, all the Transferred Assets, free and clear of all title defects or objections, liens, claims, charges, security interests or other encumbrances, including, without limitation, leases, chattel mortgages, pledges, conditional sales contracts, collateral security arrangements and other title or interest retention arrangements, except for Permitted Encumbrances. The bills of sale, deeds, assignments and other instruments to be executed and delivered to Purchasers by Sellers at the Closing will be valid and binding obligations of Sellers enforceable in accordance with their terms, except as such unenforceability may be limited by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other laws relating to or affecting the enforcement of creditors' rights generally and except that equitable remedies may not in all cases be available (regardless of whether such enforceability is considered in a proceeding in equity or at law), and will vest in Purchasers title to all the Transferred Assets.