Title to Assets; Condition. (a) The Business Contribution Member owns beneficially and of record, and has good and marketable title to, the Assets, free and clear of any Encumbrances. For purposes of this Agreement, the term "Encumbrances" shall mean restrictions, conditions, covenants, liens, easements, charges, encroachments or any other matter affecting fee simple title (other than the Assumed Liabilities).
Appears in 11 contracts
Samples: Business Contribution Agreement (Dispatch Management Services Corp), Operating Agreement (Dispatch Management Services Corp), Business Contribution Agreement (Dispatch Management Services Corp)
Title to Assets; Condition. (a) The Except as provided on Schedule 2.3, the Business Contribution Member owns beneficially and of record, and has good and marketable title to, the Assets, free and clear of any Encumbrances. For purposes of this Agreement, the term "Encumbrances" shall mean restrictions, conditions, covenants, liens, easements, charges, encroachments or any other matter affecting fee simple title (other than the Assumed Liabilities).
Appears in 1 contract
Samples: Operating Agreement (Dispatch Management Services Corp)
Title to Assets; Condition. (a) The Business Contribution Member owns beneficially and of record, and has good and marketable title to, the Assets, free and clear of any Encumbrances. For purposes of this Agreement, the term "Encumbrances" shall mean restrictions, conditions, covenants, liens, easements, charges, encroachments or any other matter affecting fee simple title (other than the Assumed Liabilities)title.
Appears in 1 contract
Samples: Business Contribution Agreement (Dispatch Management Services Corp)
