Common use of Title; Sufficiency of Assets Clause in Contracts

Title; Sufficiency of Assets. Seller has good and marketable title to all of the Acquired Assets, free and clear of all liens, mortgages, pledges, encumbrances, security interests, conditional sales agreements, or charges of any kind or character. The Acquired Assets constitute all the assets used in the operation of the Business and are sufficient for Buyer to operate the Business in the manner it was conducted prior to Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Onfolio Holdings, Inc)

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Title; Sufficiency of Assets. The Seller has good and marketable title to all of the Acquired Assets, free and clear of all liens, mortgages, pledges, encumbrances, security interests, conditional sales agreements, or charges of any kind or character. The Acquired Assets constitute all the assets used in the operation of the Business and are sufficient for Buyer to operate the Business in the manner it was conducted prior to Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Onfolio Holdings, Inc)

Title; Sufficiency of Assets. (a) Seller has good good, valid and marketable title to all of the Acquired Purchased Assets, free and clear of all liens, mortgages, pledges, encumbrances, security interests, conditional sales agreements, Encumbrances. There are no outstanding options or charges commitments to which Seller is a party which relate to the Purchased Assets or the sale by it of any kind the Purchased Assets. (b) The Purchased Assets include all of the property and assets (tangible and intangible) used or character. The Acquired Assets constitute all the assets used held for use in the operation conduct of the Business and are sufficient as it is conducted as of the date hereof, except for Buyer to operate the Business in the manner it was conducted prior to ClosingExcluded Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Iconix Brand Group, Inc.)

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Title; Sufficiency of Assets. The Seller has good and marketable title to all of the Acquired Assets, free and clear of all liens, mortgages, pledges, encumbrances, security interests, conditional sales agreements, or charges of any kind or character. The Acquired Assets constitute all the assets used in the operation of the Business and are sufficient for the Buyer to operate the Business in the manner it was conducted prior to the Closing. The Seller directly owns all the Acquired Assets personally.

Appears in 1 contract

Samples: Asset Purchase Agreement (Onfolio Holdings, Inc)

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