Common use of Title to and Condition of Purchased Assets Clause in Contracts

Title to and Condition of Purchased Assets. Seller owns all the Purchased Assets and Seller has good and marketable title in and to all the Purchased Assets, free and clear of all Encumbrances whatsoever. None of the Purchased Assets is licensed from any third party and none of the Purchased Assets is licensed to any third party. All of the tangible personal property included in the Purchased Assets is conveyed in an “as is” condition. Title to all the Purchased Assets is freely transferable from Seller to the Buyer free and clear of all Encumbrances without obtaining the consent or approval of any person or party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mobilepro Corp)

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Title to and Condition of Purchased Assets. Seller owns all the Purchased Assets and Seller has good and marketable title in and to all the Purchased Assets, free and clear of all Encumbrances whatsoever. None of the Purchased Assets is licensed from any third party and none of the Purchased Assets is licensed to any third party. All of the tangible personal property included in the Purchased Assets is conveyed in an “as is” condition. Title to all the Purchased Assets is freely transferable from Seller to the Buyer Purchaser free and clear of all Encumbrances without obtaining the consent or approval of any person or party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ember Therapeutics, Inc. - Ny)

Title to and Condition of Purchased Assets. Seller owns all the Purchased Assets and Seller has good and marketable title in and to all the Purchased Assets, free and clear of all Encumbrances whatsoever. None of the Purchased Assets is licensed from any third party and none of the Purchased Assets is licensed to any third party. All of the tangible personal property included in the Purchased Assets is conveyed in an "as is" condition. Title to all the Purchased Assets is freely transferable from Seller to the Buyer Purchaser free and clear of all Encumbrances without obtaining the consent or approval of any person or party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ember Therapeutics, Inc. - Ny)

Title to and Condition of Purchased Assets. Seller owns all the ------------------------------------------- Purchased Assets and Seller has good and marketable title in and to all the Purchased Assets, free and clear of all Encumbrances whatsoever. None of the Purchased Assets is licensed from any third party and none of the Purchased Assets is licensed to any third party. All of the tangible personal property included in the Purchased Assets is conveyed in an "as is" condition. Title to all the Purchased Assets is freely transferable from Seller to the Buyer free and clear of all Encumbrances without obtaining the consent or approval of any person or party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Crescent Communications Inc)

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Title to and Condition of Purchased Assets. Seller owns all the Purchased Assets and Seller has good and marketable title in and to all the Purchased Assets, free and clear of all Encumbrances whatsoever. None of the Purchased Assets is licensed from any third party and none of the Purchased Assets is licensed to any third party. All of the tangible personal property included in the Purchased Assets is conveyed in an “as is” condition. Title to all the Purchased Assets is freely transferable from Seller to the Buyer free and clear of all Encumbrances without obtaining the consent or approval of any person or party; provided, however, Buyer acknowledges that certain consents or approvals may be required as described in Section 4.5.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mobilepro Corp)

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