Common use of Covenant of Purchase and Sale Clause in Contracts

Covenant of Purchase and Sale. Subject to the terms and conditions set forth in this Agreement, for the consideration described below, at Closing, Seller shall sell and convey a 100% legal and beneficial title and interest in and to the Project to Buyer free and clear of all Encumbrances other than Permitted Encumbrances, and Buyer shall purchase the Project from Seller.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (District Metals Corp.), Purchase and Sale Agreement (District Metals Corp.), Purchase and Sale Agreement (District Metals Corp.)

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Covenant of Purchase and Sale. Subject to the terms and conditions set forth in this Agreement, for the consideration described below, at Closing, Seller shall sell and convey a 100% legal and beneficial title and interest in and to the Project to the Buyer or a wholly owned subsidiary of the Buyer, as directed by the Buyer prior to Closing, free and clear of all Encumbrances other than Permitted Encumbrances, and Buyer shall purchase the Project from Seller.

Appears in 1 contract

Samples: Purchase and Sale Agreement (District Metals Corp.)

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