Common use of Title; Sufficiency; Condition of Assets Clause in Contracts

Title; Sufficiency; Condition of Assets. (a) Subject to the following sentence, Seller has good and valid title to and has the right to sell, assign and deliver the Purchased Assets to Purchaser. Except for the Leased Real Property, the Purchased Assets are free and clear of all Encumbrances of any kind or nature, except Permitted Encumbrances.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Smith Micro Software Inc), Asset Purchase Agreement (Pc Tel Inc)

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Title; Sufficiency; Condition of Assets. (a) Subject to the following sentence, Seller has good and valid title to and has the right to sell, assign and deliver the Purchased Assets Shares to Purchaser. Except for the Leased Real PropertyBuyer, the Purchased Assets are free and clear of all Encumbrances of any kind or nature, except Permitted Encumbrances.

Appears in 1 contract

Samples: Share Purchase Agreement (Smith Micro Software Inc)

Title; Sufficiency; Condition of Assets. (a) Subject to the following sentence, Seller has good and valid title to and has all of the right to sell, assign and deliver the tangible Purchased Assets to Purchaser. Except for the Leased Real Property, the Purchased Assets are free and clear of any Encumbrances. Seller has full right and power to sell, convey, assign, transfer and deliver to the Purchaser good and valid title to all Encumbrances of the tangible Purchased Assets, free and clear of any kind or nature, except Permitted and all Encumbrances.

Appears in 1 contract

Samples: Asset Purchase Agreement (Therma Wave Inc)

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Title; Sufficiency; Condition of Assets. (a) Subject to the following sentence, Seller has Sellers have good and valid title to and has have the right to sell, assign and deliver the Purchased Assets Shares to Purchaser. Except for the Leased Real PropertyBuyer, the Purchased Assets are free and clear of all Encumbrances of any kind or nature, except Permitted Encumbrances.

Appears in 1 contract

Samples: Share Purchase Agreement (Smith Micro Software Inc)

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