Common use of Definition of Title Defects Clause in Contracts

Definition of Title Defects. (a) Any unobtained consent to assignment, lien, charge, obligation, encumbrance, defect or irregularity of title or any other circumstance or condition that causes Sellers' title to the Assets in any of the realty of major facilities that are part of the Assets to be less than Defensible Title (as hereinafter defined) and for which notice is given by Buyer to Sellers pursuant to Section 9.1, shall be a title defect (a "Title Defect").

Definition of Title Defects. (a) Any unobtained consent to assignment, lien, charge, obligation, encumbrance, defect or irregularity of title or any other circumstance or condition that causes Sellers' the title to of the current owners of the Assets in any of the realty of or major facilities that are part of the Assets to be less than Defensible Title (as hereinafter defined) and for which notice is given by Buyer to Sellers Seller pursuant to Section 9.1, shall be a title defect (a a" "Title TitleTitle Defect").

Definition of Title Defects. (a) Any unobtained consent to assignment, lien, charge, obligation, encumbrance, defect or irregularity of title or any other circumstance or condition that causes Sellers' Seller's title to the Assets in any of the realty of major facilities that are part of the Assets to be less than Defensible Title (as hereinafter defined) and for which notice is given by Buyer to Sellers Seller pursuant to Section 9.1, shall be a title defect (a "Title Defect").