Common use of Properties, Assets and Leasehold Estates Clause in Contracts

Properties, Assets and Leasehold Estates. Seller has good and marketable title to all the Assets, free and clear of all mortgages, liens, pledges, conditional sales agreements, charges, easements, covenants, assessments, options, restrictions and encumbrances of any nature whatsoever. All leases to which real property is leased in connection with the Business are in good standing, valid and enforceable with respect to their terms.

Properties, Assets and Leasehold Estates. Seller has good ---------------------------------------- and marketable title to all the Assets, free and clear of all mortgages, liens, pledges, conditional sales agreements, charges, easements, covenants, assessments, options, restrictions and encumbrances of any nature whatsoeverwhatsoever other than Permitted Exceptions and liens, encumbrances or obligations expressly assumed by Purchaser hereunder. All leases to which real property is leased in connection with the Business are in good standing, valid and enforceable with respect to their terms.. 4.11