Clean Title Sample Clauses

Clean Title. Each party agrees that all right, title and interest in and to any Acceptable Margin, Equivalent Margin, Equivalent Dividends or Interest which it transfers to the other party shall vest in the recipient free and clear of any security interest, lien, charges, encumbrance or other restriction. Notwithstanding the use of the terms such as “Margin” which are used to reflect terminology used in the market for such transactions, nothing in these provisions is intended to create or does create in favour of either party mortgage, charge, lien, pledge, encumbrance or other security interest in any Acceptable Margin, Equivalent Margin, Equivalent Dividends on Interest Transferred hereunder.
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Clean Title. (a) The Existing Shareholder is the sole registered holder and beneficial owner of all the Purchased Shares, and owns all rights attaching to such interest, and is entitled to sell and transfer to the Purchaser the full legal and beneficial ownership of such Purchased Shares on the terms of this Agreement and free from any Encumbrance.
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Clean Title. The Dealership acknowledges and agrees that it will only floorplan unencumbered vehicles (including but not limited to trade-ins) with clean title and the vehicles must be lien-free. Dealership agrees to abide by the conditions outlined in this paragraph and further agrees that upon request, the Dealership will provide copies of all relevant documentation to establish its compliance with these conditions. If any of these conditions are not met as to a vehicle, the Ally Parties, in sole and absolute discretion, may demand immediate repayment of the floorplan advance for said vehicle.
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Clean Title. Atari has good and marketable title to the DEER HUNTER Brand Assets and the right to assign the entire unencumbered right, title and interest in and to the DEER HUNTER Brand Assets to Glu, including all rights, title, and interest to xxx and collect damages for past and current infringement thereof. The DEER HUNTER Brand Assets are (a) free and clear of all liens, mortgages, security interests, claims, options and other encumbrances, except for the Existing Liens, and (b) free of any restrictions on assignment and transfer. Atari has not entered into any contract or made any commitments that will or may impair Glu’s rights hereunder. Except for the Existing Liens, there are no security interests, liens, or any other encumbrances in any of the DEER HUNTER Brand Assets. The debt secured by each Existing Lien has been paid in full to the completed satisfaction of the respective secured creditors.
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Clean Title. To the extent that payment is received by Seller for work performed and goods furnished, Seller shall not directly or indirectly create, incur, assume or suffer to be created by any of its Affiliates, subcontractors, employees, laborers, mechanics or materialmen of goods or services, any lien, security interest or encumbrance on the Site, the Project, the Wind Turbines or any part of, or interest in, any thereof which is not extinguished or released within ten (10) days of its attachment, except Permitted Liens. As used herein, "
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Clean Title. CNLV and NPS agree that all taxes, assessments, and encumbrances that are a lien against their respective titles to the CNLV Parcel and the NPS Parcels shall be satisfied of record by CNLV and NPS, as applicable, at or before transfer of title; that CNLV will obtain such other curative evidence of title as may be required by the United States. Title will be taken subject to valid existing rights.
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Clean Title. CNLV and NPS agree that all taxes, assessments, and encumbrances that are a lien against their respective titles to the CNLV Parcel and the NPS Parcels shall be satisfied of record by CNLV and NPS, as applicable, at or before transfer of title; that CNLV will, at the request of the United States and without prior tender of the quit claim deed from the United States, execute and deliver the deed and amendment to N-88310 to the United States in the forms provided by this Agreement, pay as required the state documentary revenue stamp taxes where required, state and local recordation or transfer taxes where required, and obtain such other curative evidence of title as may be required by the United States.
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Clean Title 
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Related to Clean Title

  • Xxxxx Title President Attest: /s/Txxxxx X. Xxxxx -------------------- ACME TELEVISION HOLDINGS OF UTAH, LLC By: ACME Television, LLC, its majority member By: ACME Intermediate Holdings, LLC, its majority member By: ACME Television Holdings, LLC, its majority member

  • Clear Title Seller owns good and marketable title in and to the Asset.

  • Property Title (a) Borrower has good and marketable fee simple legal and equitable title to the real property comprising the Property, subject to Permitted Liens. The Mortgage Documents, when properly recorded and/or filed in the appropriate records, will create (i) a valid, first priority, perfected Lien on Borrower’s interest in the Property, subject only to the Permitted Liens, and (ii) perfected security interests in and to, and perfected collateral assignments of, all personalty (including the Leases), all in accordance with the terms thereof, in each case subject only to the Permitted Liens.

  • Xxxxxxxx Title President 0000 Xxxxxxx Xx. Xxxxxx, Xxxxx 00000 Optionee represents that he/he is familiar with the terms and provisions thereof, and hereby accepts this Option subject to all the terms and provisions of this Option Agreement. Optionee hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Company upon any questions arising under this Option Agreement. By: /s/ Xxxxx Xxxxxxx --------------------------------------- Xxxxx Xxxxxxx, Optionee Address: 0000 Xxxxx Xxxxxx Xxxxx 0000 Xxxxxxx Xxxxx, XX 00000 NONQUALIFIED STOCK OPTION AGREEMENT FIRSTPLUS FINANCIAL GROUP, INC. A Nonqualified Stock Option (the "Option") for a total of ONE THOUSAND EIGHT HUNDRED EIGHTY-EIGHT (1,888) shares (the "Shares") of common stock, par value $0.01 per share (the "Common Stock"), of FIRSTPLUS Financial Group, Inc. (the "Company"), is hereby granted to XXXXX XXXXXXX (the "Optionee") pursuant to the terms of this Option Agreement (the "Option Agreement").

  • Record Title Xxxxx has the right to review and object to the Abstract of Title or Title Commitment and any of the 330 Title Documents as set forth in § 8.5 (Right to Object to Title, Resolution) on or before Record Title Objection Deadline. Buyer’s 331 objection may be based on any unsatisfactory form or content of Title Commitment or Abstract of Title, notwithstanding § 13, or 332 any other unsatisfactory title condition, in Xxxxx’s sole subjective discretion. If the Abstract of Title, Title Commitment or Title 333 Documents are not received by Buyer on or before the Record Title Deadline, or if there is an endorsement to the Title Commitment 334 that adds a new Exception to title, a copy of the new Exception to title and the modified Title Commitment will be delivered to 335 Buyer. Buyer has until the earlier of Closing or ten days after receipt of such documents by Buyer to review and object to: (1) any 336 required Title Document not timely received by Xxxxx, (2) any change to the Abstract of Title, Title Commitment or Title Documents, 337 or (3) any endorsement to the Title Commitment. If Seller receives Buyer’s Notice to Terminate or Notice of Title Objection, 338 pursuant to this § 8.2 (Record Title), any title objection by Xxxxx is governed by the provisions set forth in § 8.5 (Right to Object to 339 Title, Resolution). If Seller has fulfilled all Seller’s obligations, if any, to deliver to Buyer all documents required by § 8.1 (Evidence 340 of Record Title) and Seller does not receive Buyer’s Notice to Terminate or Notice of Title Objection by the applicable deadline 341 specified above, Xxxxx accepts the condition of title as disclosed by the Abstract of Title, Title Commitment and Title Documents 342 as satisfactory.

  • Landlord’s Title Landlord’s title is and always shall be paramount to the title of Tenant. Nothing herein contained shall empower Tenant to do any act which can, shall or may encumber the title of Landlord.

  • Title The Company and its Subsidiaries have good and marketable title to all personal property owned by them which is material to the business of the Company and its Subsidiaries, in each case free and clear of all liens, encumbrances and defects except such as are described in the SEC Documents or such as do not materially affect the value of such property and do not interfere with the use made and proposed to be made of such property by the Company or any of its Subsidiaries. Any real property and facilities held under lease by the Company or any of its Subsidiaries are held by them under valid, subsisting and enforceable leases with such exceptions as are not material and do not interfere with the use made and proposed to be made of such property and buildings by the Company and its Subsidiaries.

  • Valid Title Such Selling Stockholder has, and at the Closing Time will have, valid title to the Securities to be sold by such Selling Stockholder free and clear of all security interests, claims, liens, equities or other encumbrances and the legal right and power, and all authorization and approval required by law, to enter into this Agreement and the Power of Attorney and Custody Agreement and to sell, transfer and deliver the Securities to be sold by such Selling Stockholder.

  • Delivery, Title and Risk of Loss Unless otherwise specified on the EDDYFI quotation, delivery is FCA (Manufacturing Site). In any case, delivery and risk of loss is in accordance with INCOTERMS 2010. Title to products shall pass to the Customer upon full payment of the invoice(s). In the absence of specific instructions, goods will be shipped via the carrier EDDYFI deems most practical. No claim for error in shipment will be considered unless made within ten (10) days of Customer’s receipt of goods.

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