Common use of Title Conveyed Clause in Contracts

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.