Clear Title. Seller owns good and marketable title in and to the Asset.
Clear Title. 1. Contractor warrants and guarantees that Owner shall have legal title to and ownership of all or any portion of the Work (other than Work Product) and the Project upon payment therefor.
2. Contractor warrants and guarantees that legal title to and ownership of the Work and the Project shall be free and clear of any and all liens, claims, security interests or other encumbrances arising out of the Work when title thereto passes to Owner, and if any such warranty or guarantee is breached, Contractor shall have the liability and obligations set forth in Section 17.5.
Clear Title. The Authority covenants that at the granting and delivery of this Contract, it has the right and authority to lease or assign the Premises to the Contractor as set forth in this Contract.
Clear Title. At the termination of this SLA, or in the event of a breach of the terms of this SLA or the SPPA by Licensee and termination of this SLA by the Judicial Council, Licensee shall execute and deliver to the Judicial Council within thirty (30) calendar days written confirmation of the termination of any and all UCC filings affecting the Licensed Area. If Licensee fails or refuses to deliver such conformation, a written notice by the Judicial Council documenting this failure shall, after ten (10) Business Days from the date of delivery of said notice, be conclusive evidence of such termination against Licensee and all persons claiming any interest in the Licensed Area under this SLA. Upon written request by the Judicial Council, Licensee shall deliver a quitclaim deed in recordable form disclaiming any right, title, or interest in the Licensed Area under this SLA within ten (10) Business Days from the date of delivery of said request.
Clear Title. 1. Within 90 days of the execution of this Agreement by the Seller, the Seller shall deliver to the Buyer any abstracts of title and surveys for the Property that are in the Seller's possession or which the Seller might obtain possession of by reasonable efforts. The Buyer shall return to these items to the Seller if the closing never occurs and this Contract is terminated. At closing, the Seller shall pay for any update of the abstract of title information that might be necessary so as to enable the Buyer to obtain clear title for the Property.
2. Seller shall convey a marketable title, subject only to liens, encumbrances, exceptions, or qualifications set forth in this Agreement and those which shall be discharged by Seller at or before closing. Marketable title shall be determined according to applicable title standards adopted by authority of the Iowa State Bar Association and in accordance with law.
3. If the Buyer discovers that the title is defective, the Buyer shall notify the Seller in writing specifying the defect(s). If the defect(s) render the title unmarketable or uninsurable the Seller will have 120 days from receipt of notice within which to remove the defect(s), and if the Seller is unsuccessful in removing them within such time, the Buyer shall have the option of either accepting the title as it then is, or demanding a refund of all monies paid hereunder which shall forthwith be returned to the Buyer and thereupon the Buyer and the Seller shall be released as to one another of all further obligations under this Agreement. All expenses to clear title defects shall be paid by the Seller.
Clear Title. Design-Builder warrants and guarantees that legal title to and Ownership of the Work shall be free and clear of any and all liens, claims, security interests, or other encumbrances when title thereto passes to Owner. With respect to all computer programs used in connection with the operation and maintenance of the Project, Design-Builder warrants legal title to, or a legal license to use, such programs when title thereto passes to Owner. Title to all Work, equipment and materials, tools, supplies provided by Design-Builder as part of the Work will pass to Owner as and to the extent: (a) payment therefor is made by Owner in accordance with this Agreement; (b) they are incorporated into the Project; or (c) upon termination of this Agreement for an Event of Design-Builder Default pursuant to Article 15, whichever is earlier. Design-Builder shall deliver to Owner such assignments, bills of sale, or other documents as reasonably requested by Owner to evidence such transfer of title.
Clear Title. Seller, SFC, Xxxxxxx Xxxxx and Xxxxxxxx Xxxxx shall take all action necessary to deliver good and marketable title to the Purchased Assets to Buyer at the Closing, free and clear of any lien, claim, security interest, pledge or other encumbrance, perfected or unperfected, whatsoever. Seller, SFC, Xxxxxxx Xxxxx and Xxxxxxxx Xxxxx shall deliver to Buyer at Closing a waiver from each Lender waiving any claim to the Purchased Assets or the Restaurant other than claims to the Purchase Price to be paid as provided in the Settlement Agreement.
Clear Title. Fee simple title to the Property is vested in Seller; title is good and merchantable of record and title is free of all liens, encumbrances, easements, restrictions, claims of title, leases, adverse possession, condemnation and other matters except the Permitted Encumbrances set forth or identified in any exhibit hereto.
Clear Title. Sellers are the owners, free and clear of any encumbrances, of all the outstanding Membership Interest in the Company.
Clear Title. Seller confirms and warrants that the title of the Gold to be sold herein free and clear of any and all Liens and/or encumbrances and Seller further states that the Gold is not in any relation with terrorists and/or criminal activities.
