Common use of Current Evidence of Title Clause in Contracts

Current Evidence of Title. Seller shall furnish to Buyer, at Seller's expense complete and current searches in the name of Seller and other appropriate parties of all Uniform Asset Purchase Agreement 10/06/03 TRSG and Asmara Page 21 of 37 Commercial Code Financing Statements records maintained by tbe Secretary of State of the state in which Seller is incorporated, the state in which Seller maintains its principal place of business, each jurisdiction in which a filing would be required in order to perfect a security interest in the Assets, the clerk or recorder of deeds (or other governmental office where real property documents are filed for recording) of each county in which any Facility is located and wherever else Seller or Buyer, based upon its investigation, is aware that a Uniform Commercial Code Financing Statement has been filed, together with such releases, termination statements and other documents as may be necessary to provide reasonable evidence that all items of Intangible Personal Property, Tangible Personal Property and fixtures to be sold under this Agreement are free and clear of encumbrances, other than as permitted under this Agreement.