Common use of Conditions of Title Clause in Contracts

Conditions of Title. (a) At the Closing, Seller shall convey good and marketable fee simple title to the Land, Appurtenances, and Improvements to Purchaser by Special Warranty Deed, free and clear of all liens, encumbrances, and other exceptions to title, except the Permitted Title Exceptions (as defined in Section 3.1(g) below), in a form to be negotiated and agreed-upon in good faith by the Parties and acceptable and insurable by the Title Company (the “Deed”).

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Polarityte, Inc.)

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Conditions of Title. (a) At the Closing, Seller shall convey good and marketable fee simple title to the Land, Appurtenances, and Improvements to Purchaser by Special Warranty Deed, free and clear of all liens, encumbrances, and other exceptions to title, except the Permitted Title Exceptions (as defined in Section 3.1(g) below), in a form to be negotiated and agreed-upon in good faith by the Parties and that is acceptable and insurable by the Title Company (the “Deed”).

Appears in 2 contracts

Samples: Stock Purchase Agreement (Polarityte, Inc.), Purchase and Sale Agreement (Polarityte, Inc.)

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Conditions of Title. (a) At the Closing, Seller shall convey good and marketable fee simple title to the Land, Appurtenances, and Improvements improvements to Purchaser by Special General Warranty Deed, free and clear of all liens, encumbrances, and other exceptions to title, except the Permitted Title Exceptions (as defined in Section 3.1(g) below), in a form to be negotiated and agreed-upon in good faith by the Parties and acceptable and insurable by the Title Company (the “Deed”).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Vegalab, Inc.)

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