Common use of Sale Free of Liens Clause in Contracts

Sale Free of Liens. The Acquired Assets sold, conveyed, transferred, assigned and delivered by Seller to Purchaser, as herein provided, are and shall be as of the Closing, free and clear of all Liens other than Permitted Liens. Such Acquired Assets shall be conveyed by appropriate deeds, bills of sale, endorsements, leases, mortgages, security interests, pledges, assignments and other instruments of transfer and conveyance described herein, and if not expressly described herein, then by transfer documents satisfactory in form and substance to Purchaser and Seller and their counsel in their reasonable discretion.

Sale Free of Liens. The After Buyer fulfills its obligations pursuant to Section 3.01(a) and Article X, the Acquired Assets to be sold, conveyed, transferred, assigned and delivered by Seller to PurchaserBuyer, as herein provided, are and shall be as of on the ClosingClosing Date, free and clear of all Liens other than Permitted Liens. Such Acquired Assets shall be conveyed by appropriate deedsspecial warranty or other deed, bills of sale, endorsements, leases, mortgages, security interests, pledges, assignments and other instruments of transfer and or conveyance described herein, and if not expressly described herein, then by transfer documents satisfactory in form and substance reasonably acceptable to Purchaser Buyer, City and Seller and their counsel in their reasonable reasonable, good faith discretion.