Ownership of Transferred Assets Sample Clauses

Ownership of Transferred Assets. The Seller agrees to take no action inconsistent with the ownership of the Transferred Assets by the Borrower, to promptly indicate to all parties with a valid interest inquiring as to the true ownership of the Transferred Assets that the Transferred Assets have been sold to the Borrower and to claim no ownership interest in the Transferred Assets.
AutoNDA by SimpleDocs
Ownership of Transferred Assets. 5.4.1 Except as set forth in Schedule 5.4.1, Seller is the sole beneficial and record owner and has good, valid and marketable title to, and will, immediately prior to the Initial Closing, be the sole beneficial and record owner and have good, valid and marketable title to, all of the Primary Archstone Entities, free and clear of all Liens (other than any restrictions on transfer by any applicable Buyer Party or Buyer Designee imposed under applicable securities Laws and the Organizational Documents of the Archstone Entities, and Permitted Liens).
Ownership of Transferred Assets. Assignor is the owner of the Transferred Assets and has good and valid title to the Transferred Assets, free and clear of any restrictions, which such Transferred Assets are freely assignable in accordance with the terms of this Agreement.
Ownership of Transferred Assets. (a) The Bank has legal and beneficial ownership of the Transferred Assets free and clear of all Encumbrances as at the date of this Agreement. Upon conclusion of all transactions contemplated by this Agreement and the Other Operative Documents including but without limitation the Restructuring (which for the avoidance of doubt includes deferred transfer of Transferred Assets in accordance with the provisions of the Hive Down Agreement), and subject to the receipt of the Consents and Authorizations referred to in Section 6.12, the Joint Venture will have legal and beneficial title to the Transferred Assets clear of all Encumbrances.
Ownership of Transferred Assets. EPC is the owner of all the rights in the Transferred Assets and as evidence thereof, shall deliver and execute for the benefit of CyberOptics a Copyright Assignment, such Assignments executed for each of the persons who either developed or created the Transferred Software, a copy of such Agreement set forth at Exhibit I.
Ownership of Transferred Assets. At Closing, Buyer shall acquire all of Seller’s right, title, and interest in the Transferred Assets, free and clear of Encumbrances, other than Permitted Encumbrances.
Ownership of Transferred Assets. The Company has effective and full title to its assets, free from any mortgages, pledges or encumbrances, or other security interests.
AutoNDA by SimpleDocs
Ownership of Transferred Assets. On each Purchase Date, after giving effect to the Purchase and any contributions on such date, the Buyer shall own all Transferred Assets in existence as of such date. The Purchase or contribution of any Private Receivable or Participation Interest shall include all Related Security and Collections with respect to such Private Receivable or Participation Interest.
Ownership of Transferred Assets. Except as otherwise set forth in this Agreement, USMetals owns and holds good and marketable right, title and interest in and to the Transferred Assets free and clear of any and all liens, encumbrances, security agreements, conditional sales contracts, or other title retention agreements, and such Transferred Assets represent all of the assets used by USMetals in the operation of the Twin Peaks Project. USMetals and USCorp are not a party to any other contract or commitment that could require USMetals or USCorp to sell, transfer, or otherwise dispose of any of the Transferred Assets, other than in the ordinary course of USMetals’ and USCorp’s business.
Ownership of Transferred Assets. 6.1.5 Title
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!