Common use of Title and Description Clause in Contracts

Title and Description. Sellers hold a valid and enforceable freehold interest in the Owned Real Property and valid and enforceable leasehold interests in the Leased Real Property pursuant to the Leases as shown on Schedule B, subject only to the right of reversion of the landlord or lessor under the Leases and those rights of third parties disclosed on Schedule B.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Radio Unica Corp), Asset Purchase Agreement (Blaya Inc), Asset Purchase Agreement (Childrens Broadcasting Corp)

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Title and Description. Sellers hold a valid and enforceable freehold interest in the Owned Real Property and valid and enforceable leasehold interests in the Leased Real Property pursuant to the Leases as shown on Schedule B, subject only to the right of reversion of the landlord or lessor under the Leases and those rights of third parties disclosed on Schedule B.Leases.

Appears in 1 contract

Samples: Asset Purchase Agreement (Childrens Broadcasting Corp)

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