Common use of Clear Title to Assets Clause in Contracts

Clear Title to Assets. Sellers have good and marketable title to the Assets sold under this Agreement. Other than in the ordinary course of business consistent with past practice, Sellers have not, since the date of theirs most recent Financial Statement, sold, assigned, transferred or otherwise disposed of any assets or properties used in its business in anticipation of the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (NAS Acquisition Inc), Amended and Restated Asset Purchase Agreement (NAS Acquisition Inc)

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Clear Title to Assets. Sellers have Seller has good and marketable title to the Assets Personal Property sold and to the Real Property optioned under this Agreement. Other than in the ordinary course of business consistent with past practice, Sellers have Seller has not, since the date of theirs its most recent Financial Statement, sold, assigned, transferred or otherwise disposed of any assets or properties used in its business in anticipation of the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Great American Family Parks Inc)

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