Common use of Personal Property - Owned Clause in Contracts

Personal Property - Owned. Except as set forth on Schedule A ---------- hereto, Seller has good and marketable title to all personal property included in the Purchased Assets, including in each case all personal property reflected in the Financial Statements or acquired after the date thereof (except any personal property subsequently sold in the ordinary course of the Business), free and clear of all liens, claims and encumbrances and there exists no restriction on the use or transfer of such property.

Appears in 2 contracts

Samples: Asset Purchase Agreement (VGTel, Inc.), Asset Purchase Agreement (VGTel, Inc.)

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Personal Property - Owned. Except as set forth on Schedule A ---------- hereto, Seller has good and marketable title to all personal property included in the Purchased Assets, including in each case all personal property reflected in the Financial Statements or acquired after the date thereof (except any personal property subsequently sold in the ordinary course of the Business), free and clear of all liens, claims and encumbrances and there exists no restriction on the use or transfer of such property.

Appears in 1 contract

Samples: Asset Purchase Agreement (New Medium Enterprises Inc)

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Personal Property - Owned. Except as set forth on Schedule A ---------- hereto3.9 of the Seller Disclosure Letter and the Permitted Liens, Seller has good and marketable title to all personal property owned by Seller included in the Purchased Assets, including in each case all personal property reflected in the Financial Statements or acquired after the date thereof (except any personal property subsequently sold in the ordinary course Ordinary Course of the Business), free and clear of all liens, claims and encumbrances and there exists no restriction on the use or transfer of such property.

Appears in 1 contract

Samples: Asset Purchase Agreement (Weider Nutrition International Inc)

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