Common use of Title to Assets; Encumbrances Clause in Contracts

Title to Assets; Encumbrances. Seller owns good and transferable title to all of the Assets free and clear of any Encumbrances other than those described in Exhibit 3.7 (“Encumbrances”). Seller warrants to Buyer that, at the time of Closing, all Assets shall be free and clear of all Encumbrances other than those identified on Exhibit 3.7 as acceptable to Buyer (“Permitted Encumbrances”).

Appears in 2 contracts

Sources: Asset Purchase Agreement (Viva International Inc), Asset Purchase Agreement (Jordan 1 Holdings Co)

Title to Assets; Encumbrances. Seller owns good and transferable title to all of the Assets free and clear of any Encumbrances other than those described in Exhibit 3.7 (“Encumbrances”)Part 3.5. Seller warrants to Buyer that, at the time of Closing, all Assets shall be free and clear of all Encumbrances other than those identified on Exhibit 3.7 Part 3.5 as acceptable to Buyer ("Permitted Encumbrances”Encumbrances ").

Appears in 2 contracts

Sources: Asset Purchase Agreement (Cryomedical Sciences Inc), Asset Purchase Agreement (Endocare Inc)

Title to Assets; Encumbrances. Seller owns good and transferable title to all of the Assets free and clear of any Encumbrances other than those described in Exhibit 3.7 (“Encumbrances”)Part 3.8. Seller warrants to Buyer that, at the time of Closing, all Assets shall be are free and clear of all Encumbrances other than those identified on Exhibit 3.7 Part 3.8 as acceptable to Buyer (“Permitted Encumbrances”).

Appears in 2 contracts

Sources: Asset Purchase Agreement (LOCAL.COM), Asset Purchase Agreement (DigitalPost Interactive, Inc.)

Title to Assets; Encumbrances. Seller owns good and transferable title to all of the other Assets free and clear of any Encumbrances other than those described in Exhibit 3.7 (“Encumbrances”). Part 3.8A. Seller warrants to Buyer that, at the time of Closing, all other Assets shall be free and clear of all Encumbrances other than those identified on Exhibit 3.7 Part 3.8.B as acceptable to Buyer ("Permitted Encumbrances").

Appears in 1 contract

Sources: Asset Purchase Agreement (Isonics Corp)

Title to Assets; Encumbrances. Seller owns Sellers own good and transferable title to all of the Assets free and clear of any Encumbrances other than those described in Exhibit 3.7 (“Encumbrances”)Part 3.8. Seller warrants Sellers warrant to Buyer that, at the time of Closing, all of the Assets shall be free and clear of all Encumbrances Encumbrances, other than those identified on Exhibit 3.7 as acceptable to Buyer (“Permitted Encumbrances”)arising solely by action of Buyer.

Appears in 1 contract

Sources: Strategic Alliance Agreement (Hooper Holmes Inc)

Title to Assets; Encumbrances. (a) Seller owns good and transferable title to all of the Assets free and clear of any Encumbrances other than those described in Exhibit 3.7 (“Encumbrances”)Part 3.8. Seller warrants to Buyer that, at the time of Closing, all the Assets shall be free and clear of all Encumbrances other than those specifically identified on Exhibit 3.7 Part 3.8 as acceptable to Buyer ("Permitted Encumbrances").

Appears in 1 contract

Sources: Asset Purchase Agreement (Big Dog Holdings Inc)

Title to Assets; Encumbrances. Seller owns good and transferable title to all of the Assets free and clear of any Encumbrances other than those described in Exhibit 3.7 Part 3.9 (“Permitted Encumbrances”). Seller warrants to Buyer that, at the time of Closing, all other Assets shall be free and clear of all Encumbrances other than those identified on Exhibit 3.7 Part 3.9 as acceptable to Buyer (“Permitted Encumbrances”)Buyer.

Appears in 1 contract

Sources: Asset Purchase Agreement (MBI Financial, Inc.)

Title to Assets; Encumbrances. Except for the Intellectual Property Assets addressed in Section 3.7(c) above, Seller owns good and transferable title to all of the Assets free and clear of any Encumbrances other than those described in Exhibit 3.7 3.9 (“Encumbrances”). Seller warrants to Buyer that, at the time of Closing, all other Assets shall be free and clear of all Encumbrances other than those identified on Exhibit 3.7 3.9 as acceptable to Buyer (“Permitted Encumbrances”).

Appears in 1 contract

Sources: Asset Purchase Agreement (Talx Corp)