Common use of Title and Description Clause in Contracts

Title and Description. Seller holds valid and enforceable leasehold interests in the Leased Real Property pursuant to the Leases, subject only to the right of reversion of the landlord or lessor under the Leases.

Appears in 1 contract

Samples: Asset Purchase Agreement (Gray Communications Systems Inc /Ga/)

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Title and Description. Seller holds a good, clear, marketable, valid and enforceable leasehold interests interest in the Leased Real Property pursuant to the Leases, subject only to the right of reversion of the landlord or lessor under the Leases, free and clear of all Liens, except for matters set forth on SCHEDULE 3.6(b).

Appears in 1 contract

Samples: Asset Purchase Agreement (Peoples Bancshares Inc)

Title and Description. Seller holds a good, clear, marketable, valid and enforceable leasehold interests interest in the Leased Real Property pursuant to the Leases, subject only to the right of reversion of the landlord or lessor under the Leases., free and clear of all other prior or subordinate interests, including, without limitation, mortgages, deeds of trust, ground leases, leases, subleases, assessments, tenancies, claims, covenants, conditions, restrictions, easements, judgments or other

Appears in 1 contract

Samples: Asset Purchase Agreement (Brooktrout Technology Inc)

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Title and Description. Seller holds a valid and enforceable leasehold interests interest in the Leased Real Property pursuant to the LeasesProperty, subject only to the right free and clear of reversion of the landlord or lessor under the Leases.all liens, restrictions and incumbrances (except as disclosed in Schedule 2.5(b) and other than Permitted Encumbrances);

Appears in 1 contract

Samples: Asset Purchase Agreement (Photomatrix Inc/ Ca)

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