Common use of Title and Ownership Clause in Contracts

Title and Ownership. Each Seller has good title to, or right by license, lease or other agreement to use, the Acquired Assets. Subject to the entry of the Sale Order, at the Closing, each Seller will have the right to transfer the Acquired Assets to Buyer free and clear of all Liens, other than Liens included in the Assumed Liabilities and Permitted Liens.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

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Title and Ownership. Each Seller has good title to, or right by license, lease or other agreement to use, the Acquired Assets. Subject to the entry of the Sale Order, at the Closing, each Seller Sellers will have the good and marketable title to, or right by Contract to transfer use, the Acquired Assets to Buyer Assets, free and clear of all Liens, Liens other than Liens included in the Assumed Liabilities and Permitted Liens.

Appears in 1 contract

Samples: Asset Purchase Agreement (LTV Corp)

Title and Ownership. Each Seller has good title to, or right by license, lease or other agreement to use, the Acquired Assets. Subject to the entry of the Sale Order, at the Closing, each Seller will have the right to transfer the Acquired Assets to Buyer free and clear of all Liens, other than Liens included Permitted Liens. The Acquired Assets represent all of the assets used by Seller in the Assumed Liabilities and Permitted Liensconduct of the Business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sturm Ruger & Co Inc)

Title and Ownership. Each Except as would not have a Material Adverse Effect, Seller has good title to, or right by license, lease or other agreement to use, the Acquired Assets. Subject to the entry of the Sale Order, at the Closing, each Seller will have the right to transfer the Acquired Assets to Buyer free and clear of all Liens, other than Liens included in the Assumed Liabilities and Permitted Liens.

Appears in 1 contract

Samples: Asset Purchase Agreement

Title and Ownership. Each Except as would not have a Material Adverse Effect, Seller has good title to, or right by license, lease or other agreement to use, the Acquired Assets. Subject to the entry of the Sale Order, at the Closing, each Seller will have the right to transfer the Acquired Assets to Buyer free and clear of all Liens, other than Liens included in the Assumed Liabilities and Permitted Liens.

Appears in 1 contract

Samples: Asset Purchase Agreement

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Title and Ownership. Each Seller has good title to, or right by license, lease or other agreement to use, the Acquired Assets. Subject to the entry of the Sale Order, at the Closing, each Seller will have the right to transfer the Acquired Assets to Buyer free and clear of all Liens, other than Liens included in the Assumed Liabilities and Permitted Liens.

Appears in 1 contract

Samples: Asset Purchase Agreement (Clarus Corp)

Title and Ownership. Each Seller Seller, as applicable, has good title to, or right by license, lease or other agreement to use, the Acquired AssetsAssets free and clear of any and all Encumbrances. Subject to the entry As of the Sale Order, date hereof and at the Closing, each Seller Sellers will have the right to transfer the Acquired Assets to Buyer free and clear of all Liens, other than Liens included in the Assumed Liabilities and Permitted LiensEncumbrances.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ediets Com Inc)

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