Common use of Imperfections in Title Clause in Contracts

Imperfections in Title. Seller’s ownership of a Property is subject to an imperfection in title which, if asserted, would cause a Defect, as defined in subparagraph (i) above, to exist, or would otherwise materially interfere or restrict Buyer’s use, operation, ownership or benefit thereof (as currently used, operated and owned).

Imperfections in Title. Seller’s ownership of a Property which is real property is subject to an imperfection in title which, if asserted, would cause a Defect, as defined in subparagraph Section 7.2 (ia) above, to exist, or and such imperfection in title is not such as would otherwise materially interfere or restrict Buyer’s use, operation, ownership or benefit thereof (as currently used, operated normally be waived by persons engaged in the oil and owned)gas business when purchasing producing properties.

Imperfections in Title. Seller’s ownership of a Property an Asset is subject to an imperfection in title which, if asserted, would cause a Defect, as defined in subparagraph (ia) above, to exist, or would otherwise materially interfere or restrict Buyer’s use, operation, ownership or benefit thereof (as currently used, operated and owned).

Imperfections in Title. Seller’s ownership of a Property an Asset is subject to an imperfection in title which, if asserted, would cause a Defect, as defined in subparagraph (i) above, to exist, or would otherwise materially interfere or restrict Buyer’s use, operation, ownership or benefit thereof (as currently used, operated and owned).

Imperfections in Title. Seller’s 's ownership of a Property an Asset is subject to an imperfection in title which, if asserted, would cause a Defect, as defined in subparagraph (i) above, to exist, or would otherwise materially interfere or restrict Buyer’s use, operation, ownership or benefit thereof (as currently used, operated and owned).