Common use of No Judgments Clause in Contracts

No Judgments. Seller warrants that there are no judgments threatening the equity in Property, and that there is no bankruptcy pending or contemplated by any titleholder. Seller will not further encumber Property and an affidavit may be recorded at Xxxxx's expense putting the public on notice that the closing of this contract will extinguish liens and encumbrances hereafter recorded.

No Judgments. Seller warrants that there are no judgments threatening the equity in Propertysubject property, and that there is no bankruptcy pending or contemplated by any titleholder. Seller will not further encumber Property the property and an affidavit may be recorded at XxxxxBuyer's expense putting the public on notice that the closing of this contract will extinguish liens and encumbrances hereafter recorded.

No Judgments. Seller warrants that there are no judgments threatening the equity in Propertysubject property, and that there is no bankruptcy pending or contemplated by any titleholder. Seller will not further encumber Property the property and an affidavit may be recorded at Xxxxx's expense putting the public on notice that the closing of this contract will extinguish liens and encumbrances hereafter recorded.

No Judgments. Seller warrants that there are no judgments threatening the equity in Propertyof this property, and that there is no bankruptcy pending or contemplated by any titleholdertitle holder. Seller will not further encumber Property the property and an affidavit may be recorded at Xxxxx's Buyer’s expense putting the public on notice that the closing of this contract will extinguish liens and encumbrances hereafter recorded.