Common use of Passage and Warranty of Title Clause in Contracts

Passage and Warranty of Title. Title to all supplies, tools, Spare Parts, vehicles, consumables, furnishings, equipment and other materials purchased or provided by TSP pursuant to Section 2.2.16.1 shall pass to and vest in the Joint Board without further action of the Parties as provided in Section 10.1. TSP warrants good title to all such items purchased or provided by TSP hereunder and warrants that title when it passes to and vests in the Joint Board as provided herein shall be free and clear of any liens, charges, security interests, encumbrances and rights of other persons arising as a result of any actions or failure to act of TSP, its Subcontractors or their respective employees, agents or representatives. Notwithstanding the foregoing, this Section shall not apply to title relating to Software, which shall be governed by Section 20.5 and Section 20.6.

Appears in 5 contracts

Samples: Toll Services Agreement, Toll Services Agreement, Toll Services Agreement

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