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

Title to and Sufficiency of Purchased Assets. (a) Seller owns, leases or has the legal right to use all of the Purchased Assets. Seller has good, valid and marketable title to all the Purchased Assets free and clear of all Encumbrances other than Permitted Encumbrances.

Title to and Sufficiency of Purchased Assets. (a) Seller ownsand each Subsidiary, leases as applicable, has good and marketable title to, or, in the case of leased or has the legal right to use all of the licensed Purchased Assets. Seller has good, valid and marketable title to subsisting leasehold or licensed interests in, all the of its respective Purchased Assets Assets, free and clear of all Encumbrances other than Liens, except for Permitted EncumbrancesLiens.

Title to and Sufficiency of Purchased Assets. (a) The Seller ownshas good title to, leases a valid leasehold interest in or has the other legal right rights to possess or use all of the tangible personal property that is included in the Purchased Assets. Seller has good, valid and marketable title to all the Purchased Assets free and clear of all Encumbrances other than Liens, except for Permitted EncumbrancesLiens. The material tangible personal property contained in the Purchased Assets is in good operating condition and repair, ordinary wear and tear excepted.

Title to and Sufficiency of Purchased Assets. (a) Seller owns, leases or has the legal right to use all of the Purchased Assets. Seller has good, valid and marketable title to all the Purchased Assets, subject to Permitted Encumbrances. Seller is the only record and beneficial owner of the Purchased Assets, and, holds Seller’s interest in the Purchased Assets free and clear of all Encumbrances other than any Encumbrance whatsoever, subject to the Permitted Encumbrances.

Title to and Sufficiency of Purchased Assets. (a) Seller ownsSellers (individually or collectively) have good and valid title to, leases or has the legal right to use a valid leasehold interest in, all of the Purchased Assets. Seller has good, valid and marketable title to all the All such Purchased Assets (including leasehold interests) are free and clear of all Encumbrances other than Liens except for Permitted EncumbrancesLiens.