Common use of Quality of Title/Valid Transfers Clause in Contracts

Quality of Title/Valid Transfers. (i) Immediately before the Purchase to be made by the Buyer hereunder on such date, each Cartus Purchased Asset to be sold to the Buyer shall be owned by the Originator free and clear of any Lien (other than any Permitted Lien), and the Originator shall have made all filings and shall have taken all other action under applicable law in each relevant jurisdiction in order to protect and perfect the ownership interest of the Buyer and its successors and assigns in such Cartus Purchased Assets against all creditors of, and purchasers from, the Originator (subject to Permitted Exceptions).

Appears in 5 contracts

Samples: CRC Purchase Agreement, Receivables Purchase Agreement (Domus Holdings Corp), Purchase Agreement (NRT Settlement Services of Missouri LLC)

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Quality of Title/Valid Transfers. (i) Immediately before the Purchase to be made by the Buyer Issuer hereunder on such date, each Cartus Purchased Asset to be sold to the Buyer Issuer shall be owned by the Originator free and clear of any Lien (other than any Permitted Lien), and the Originator shall have made all filings and shall have taken all other action under applicable law in each relevant jurisdiction in order to protect and perfect the ownership interest of the Buyer Issuer and its successors and assigns in such Cartus Fee Purchased Assets against all creditors of, and purchasers from, the Originator (subject to Permitted Exceptions).

Appears in 1 contract

Samples: Fee Receivables Purchase Agreement (NRT Settlement Services of Missouri LLC)

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