Defensible Title and Permitted Encumbrances. For purposes of this Agreement, the term “Defensible Title” means, with respect to a given Asset, such ownership by Seller in such Asset during the productive life of that Asset, that, subject to and except for the Permitted Encumbrances (as defined in Subsection (d) of this Section 3.02):
Defensible Title and Permitted Encumbrances. (a) For purposes of this Agreement, the term “
Defensible Title and Permitted Encumbrances. (a) Except for the special warranty of title as set forth in Section 4.02(b) and without limiting Buyer’s remedies for Title Defects set forth in this Article IV, the Company Sellers make no warranty or representation, express, implied, statutory or otherwise, with respect to the Company’s title to any of its Assets, and Buyer hereby acknowledges and agrees that (except for breaches of any of the covenants set forth in this Agreement, for which Buyer will have the remedies set forth in Article XIII), Buyer’s sole remedy for any Title Defect with respect to any of the Assets shall be as set forth in this Article IV.
