Common use of General Warranty of Title; Condition of Assets Clause in Contracts

General Warranty of Title; Condition of Assets. Seller has good and marketable title to all of the Purchased Assets being transferred under this Agreement. The Purchased Assets are, and at the Closing Date and upon the consummation of this Agreement shall be, free and clear of all liens, encumbrances and restrictions of any nature. The Assets are in good operating order and repair, subject to ordinary wear and tear.

Appears in 2 contracts

Samples: Asset Purchase Agreement (STERLING CONSOLIDATED Corp), Asset Purchase Agreement (STERLING CONSOLIDATED Corp)

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General Warranty of Title; Condition of Assets. Seller has good and marketable title to all of the Purchased Assets being transferred under this Agreement. The Purchased Assets are, and at the Closing Date and upon the consummation of this Agreement shall be, are free and clear of all liens, encumbrances and restrictions of any nature. The Assets are in good operating order and repair, subject to ordinary wear and tear.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Integrated Environmental Technologies, Ltd.), Asset Purchase Agreement (Finditall, Inc)

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General Warranty of Title; Condition of Assets. Seller has good ------------------------- and marketable title to all of the Purchased Assets being transferred under this Agreement. The Purchased Assets are, and at the Closing Date and upon the consummation of this Agreement shall be, are free and clear of all liens, encumbrances and restrictions of any nature. The Assets are in good operating order and repair, subject to ordinary wear and tear.

Appears in 1 contract

Samples: Asset Purchase Agreement (BigString CORP)

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