Common use of Good Title to the Exchange Debt Clause in Contracts

Good Title to the Exchange Debt. The Debt Holder has good and marketable title to the Exchange Debt, free and clear of all liens, pledges, options, claims, title defects, encumbrances, charges and other restrictions of every kind (collectively, the “Liens”). There are no unpaid taxes or other matters which are or could become a Lien on the Exchange Debt.