STATIONS' ASSETS. Subject to and in reliance upon the representations, warranties and agreements herein set forth, and subject to the terms and conditions herein contained, on the Closing Date (as defined in Section 4), Seller agrees to convey, sell, assign, transfer and deliver to Buyer, and Buyer agrees to purchase certain of the assets of the Station, including, but not limited to, the following assets (collectively, the "Station's Assets"):
STATIONS' ASSETS. Subject to and in reliance upon the representations, warranties and agreements set forth herein, and subject to the terms and conditions contained herein, on the Closing Date (as defined in Section 4), Seller agrees to convey, sell, assign, transfer and deliver to Buyer, and Buyer agrees to purchase, accept, assume and, as the case may be, perform the following (collectively, the "Stations' Assets"):
STATIONS' ASSETS. Seller has good, valid, and marketable title to or the unrestricted right to use all of the Stations’ Assets owned, leased or licensed by it, in each case, free and clear of all security interests of every kind or character (other than Permitted Liens). Seller is the owner, lessee, or licensee of all of the Tangible Personal Property listed on the Schedules to this Agreement. The Stations’ Assets are being assigned “as is, where is” without any other warranty as to condition.
STATIONS' ASSETS. At the time of Closing, Seller will have and will transfer and convey to Buyer good title to all of the Stations' Assets (and, in the case of owned real property, good and marketable title, and, in the case of leased real property, a valid and binding leasehold interest), subject to no mortgages, liens, charges, pledges, encumbrances, security interest or any other rights of others or other adverse interests of any kind, except as set forth on Schedule 1(a)(iv).
