No Liens and Encumbrances Sample Clauses

No Liens and Encumbrances. Any Liens and Encumbrances known by Seller to exist with respect to any of the Acquired Assets shall be satisfied of record on or prior to the Closing Date by Seller.
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No Liens and Encumbrances. Seller holds the Properties free and clear of all liens and encumbrances, except for those included in the Assumed Obligations.
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No Liens and Encumbrances. Xxxxxx Homes has not voluntarily placed any liens and other encumbrances on the Xxxxxx Property from the date of this Agreement through the respective Close of Escrow and thereafter, except those acknowledged in this Agreement, if any, and any liens and encumbrances agreed to in writing by the Parties hereto.
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No Liens and Encumbrances. The District shall not voluntarily place any liens and other encumbrances on the District Property from the date of this Agreement through the Close of Escrow and thereafter, except those acknowledged in this Agreement, if any, and any liens and encumbrances agreed to in writing by the Parties hereto.
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No Liens and Encumbrances. No Disposition of the Collateral. Lender does not authorize, and Borrower agrees not to: (a) create, incur, assume or suffer to exist any mortgage, pledge, Lien or other encumbrance of any kind (including the charge upon property purchased under a conditional sale or other title retention agreement) upon, or any security interest in, any of its Collateral, whether now owned or hereafter acquired, except for Permitted Liens; (b) make any sale or leases of any of the Collateral; or (c) license any of the Collateral.
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No Liens and Encumbrances. Except as set forth on Schedule 5.9, or as otherwise contemplated by this Agreement, Seller has not placed or caused to be placed any lien, security interest, or other encumbrance upon the personal property of CAS.
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No Liens and Encumbrances. Seller shall convey the Purchased ---------------------------- Assets to Buyer free and clear of all liens, pledges, security interests, rights of first refusal, options, restrictions, encumbrances, liabilities and defects in title, including, without limitation, any deeds of trust, mortgages, indentures, financing statements or similar security interests that secure debts of the Seller.
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No Liens and Encumbrances. 20 4.3 Exclusions.................................................................................... 20 4.4 Used Materials and Equipment; Special Application Equipment................................... 20 4.5
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No Liens and Encumbrances. Contractor warrants and guaranties that when title to the Work passes to Owner, it shall pass free and clear of all liens, claims, security interests and other encumbrances, and that none of such Work shall be acquired by Contractor subject to any agreement under which a security interest or other lien or encumbrance is retained by any person.
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Related to No Liens and Encumbrances

  • Liens and Encumbrances The Company shall not directly or indirectly make, create, incur, assume or permit to exist any assignment, transfer, pledge, mortgage, security interest or other lien or encumbrance of any nature in, to or against any part of the Pledged Property or of the Company's capital stock, or offer or agree to do so, or own or acquire or agree to acquire any asset or property of any character subject to any of the foregoing encumbrances (including any conditional sale contract or other title retention agreement), or assign, pledge or in any way transfer or encumber its right to receive any income or other distribution or proceeds from any part of the Pledged Property or the Company's capital stock; or enter into any sale-leaseback financing respecting any part of the Pledged Property as lessee, or cause or assist the inception or continuation of any of the foregoing.

  • LIENS; ENCUMBRANCES Borrower acknowledges that, to the extent provided in Section 21, the grant, creation or existence of any mortgage, deed of trust, deed to secure debt, security interest or other lien or encumbrance (a "Lien") on the Mortgaged Property (other than the lien of this Instrument) or on certain ownership interests in Borrower, whether voluntary, involuntary or by operation of law, and whether or not such Lien has priority over the lien of this Instrument, is a "Transfer" which constitutes an Event of Default and subjects Borrower to personal liability under the Note.

  • No Liens or Encumbrances Company's title to and ownership of Company-Owned Interconnection Facilities that were designed and constructed by Seller and/or its Contractors shall be free and clear of liens and encumbrances.

  • Title to Properties; Liens and Encumbrances The Company has good and marketable title to all of its material properties and assets, both real and personal, and has good title to all its leasehold interests, in each case subject only to mortgages, pledges, liens, security interests, conditional sale agreements, encumbrances or charges created in the ordinary course of business.

  • Permitted Encumbrances The term “Permitted Encumbrances” shall mean:

  • No Encumbrances Borrower has good and indefeasible title to the Collateral, free and clear of Liens except for Permitted Liens.

  • No Liens To the knowledge of the Seller, no liens or claims shall have been filed, including liens for work, labor or materials relating to a Financed Vehicle, that shall be liens prior to, or equal or coordinate with, the security interest in such Financed Vehicle granted by the related Receivable.

  • No Liens, Etc The Collateral and each part thereof is owned by the Borrower free and clear of any Adverse Claim (other than Permitted Liens) or restrictions on transferability and the Borrower has the full right, power and lawful authority to assign, transfer and pledge the same and interests therein, and upon the making of each Advance, the Collateral Agent, for the benefit of the Secured Parties, will have acquired a perfected, first priority and valid security interest (except, as to priority, for any Permitted Liens) in such Collateral, free and clear of any Adverse Claim or restrictions on transferability. The Borrower has not pledged, assigned, sold, granted a security interest in or otherwise conveyed any of the Collateral and no effective financing statement (other than with respect to Permitted Liens) or other instrument similar in effect naming or purportedly naming the Borrower or any of its Affiliates as debtor and covering all or any part of the Collateral is on file in any recording office, except such as may have been filed in favor of the Collateral Agent as “Secured Party” pursuant hereto or as necessary or advisable in connection with the Sale Agreement. There are no judgments or Liens for Taxes with respect to the Borrower and no claim is being asserted with respect to the Taxes of the Borrower.

  • Title to Properties; Absence of Liens and Encumbrances (a) The Company owns no real property, nor has it ever owned any real property. Schedule 2.10(a) sets forth a list of all real property currently leased by the Company, the name of the lessor and the date of the lease and each amendment thereto. All such current leases are in full force and effect, are valid and effective in accordance with their respective terms, and there is not, under any of such leases, any existing default or event of default (or event which with notice or lapse of time, or both, would constitute a default) by the Company or, to the knowledge of the Company, any other party.

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