No Title Defects Clause Samples
The "No Title Defects" clause ensures that the seller guarantees the property being transferred is free from any legal defects or encumbrances that could affect ownership. In practice, this means the seller affirms there are no undisclosed liens, claims, or disputes over the title, and that the title is clear and marketable at the time of sale. This clause protects the buyer by reducing the risk of future legal challenges to their ownership and ensures a smooth transfer of property rights.
No Title Defects. UQ has not received notice of any material defect in its title or claim to the Assets or any notice from any third party claiming such an interest during the period of time that UQ has owned the Assets or which otherwise relates to or affects the interest of UQ in the Assets.
No Title Defects. BVT has not received notice of any material defect in its title or claim to the Assets or any notice from any third party claiming such an interest, and, for the period of time that BVT has owned the Assets, as applicable, all material relevant obligations of BVT in relation to the Assets have been performed and observed.
No Title Defects. Neither Kungsleden nor the Kungsleden Subsidiaries have received notice of any material defect in its title or claim to the Kungsleden Assets, as applicable, or any notice from any third party claiming such an interest, and, for the period of time that Kungsleden or the Kungsleden Subsidiaries has owned the Kungsleden Assets, as applicable, all material relevant obligations of Kungsleden and the Kungsleden Subsidiaries in relation to the Kungsleden Assets have been performed and observed, other than obligations that would not have a Material Adverse Effect on the Kungsleden Assets if not performed or observed.
No Title Defects. The UGE Group has not received notice of any material defect in its title or claim to the Assets or any notice from any third party claiming such an interest, and, for the period of time that the UGE Group has owned the Assets, as applicable, all material relevant obligations of the UGE Group in relation to the Assets have been performed and observed.
No Title Defects. Neither CBIT nor the CBIT Subsidiaries have received notice of any material defect in its title or claim to the CBIT Assets, as applicable, or any notice from any third party claiming such an interest, and, during period of time that CBIT or the CBIT Subsidiaries has owned the CBIT Assets, or which otherwise relates to or affects the interest of CBIT or the CBIT Subsidiaries in the CBIT Assets. All material relevant obligations of CBIT and the CBIT Subsidiaries in relation to the CBIT Assets have been performed and observed, other than obligations that would not have a Material Adverse Effect on the CBIT Assets if not performed or observed.
No Title Defects. Contakt has not received notice of any material defect in its title or claim to the Assets or any notice from any third party claiming such an interest, and, for the period of time that Contakt has owned the Assets, as applicable, all material relevant obligations of Contakt in relation to the Assets have been performed and observed.
No Title Defects. WQN has not received any notice of any material defect in its title or claim to the Assets or any notice from any third party claiming such an interest, and, for the period of time that WQN has owned the Assets, as applicable, all material relevant obligations of WQN have been performed and observed.