Common use of Title and Condition of Assets Clause in Contracts

Title and Condition of Assets. The Seller has good and marketable title to all of the Assets, free and clear of all Liens. The Assets are in good operating condition and repair, and constitute all of the assets necessary to the conduct by the Seller of its Development Business in accordance with its past practice.

Appears in 2 contracts

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

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Title and Condition of Assets. The Seller has good and marketable title to all of the Assets, free and clear of all Liens (other than Permitted Liens). The Assets are in good operating condition and repair, and constitute all of the assets necessary to the conduct by of the Seller of and its Development Business in accordance with its past practiceCyberCare Health Network Business.

Appears in 1 contract

Samples: Asset Purchase Agreement (iGambit, Inc.)

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Title and Condition of Assets. The Seller has good and marketable title to all of the Assets, free and clear of all Liens, other than the Liens set forth on Schedule 3.7, all of which shall be fully and entirely discharged by Seller at or prior to the Closing. The Assets are in good operating condition and repair, and constitute all of the assets necessary to the conduct by the Seller of its Development Vault Business in accordance with its past practice.

Appears in 1 contract

Samples: Asset Purchase Agreement (iGambit, Inc.)

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