Common use of Title to and Use of Property Clause in Contracts

Title to and Use of Property. Except as set forth on Schedule 4.8 and excluding the Excluded Assets, at the Closing, Seller will convey and Buyer will acquire good and valid title to, or a valid leasehold interest in, the Purchased Assets, free and clear of any and all Encumbrances (including any and all Claims that may arise by reason of the execution, delivery or performance by Seller of this Agreement) other than Permitted Encumbrances.

Title to and Use of Property. Except as set forth in on Schedule 4.8 and excluding the Excluded Assets4.6, at the Closing, Seller will convey and Buyer will acquire good good, valid and valid marketable title to, or a valid leasehold or subleasehold interest in, the Purchased Assets, free and clear of any and all Encumbrances (including any and all Claims claims that may arise by reason of the execution, delivery or performance by Seller of this Agreement) other than the Permitted Encumbrances.