Common use of Title to Personal Property Clause in Contracts

Title to Personal Property. Except as set forth in writing by any Seller, the Sellers have good and valid title to all tangible Personal Property, which shall be free and clear of all liens and encumbrances as of the Closing.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (CNL Hotels & Resorts, Inc.), Purchase and Sale Agreement (Ashford Hospitality Trust Inc)

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Title to Personal Property. Except as set forth in writing by any SellerSeller has good and marketable title to, and owns outright, the Sellers have good and valid title to all tangible Personal Property, which shall be free and clear of all liens, encumbrances, security interests and adverse claims of any kind or character, other than liens and encumbrances as of which will be released at the Closing.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Costar Group Inc), Purchase and Sale Agreement (Costar Group Inc)

Title to Personal Property. Except as set forth in writing by any To Seller’s Knowledge, the Sellers Seller has or will have on Closing good and valid title to all tangible Personal Property, which shall be free and clear of all liens and encumbrances as of the ClosingClosing except for the Equipment Leases and the Existing Loan Documents.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Clearview Hotel Trust, Inc.)

Title to Personal Property. Except as set forth in writing by any Seller, the Sellers have Seller has good and valid title to all tangible Personal Property, which shall be free and clear of all liens and encumbrances as of the ClosingClosing (subject, in the case of computer hardware, telecommunications and information technology systems, to the terms of any applicable license agreement set forth on Schedule 2.2.4).

Appears in 1 contract

Samples: Asset Purchase Agreement (CNL Healthcare Properties II, Inc.)

Title to Personal Property. Except as set forth in writing by any SellerAs of the Closing, the Sellers Seller will have good and title to, or a valid title to interest in, all material tangible Personal Propertypersonal property used in the conduct of the Business, which shall be free and clear of all liens and encumbrances as of the ClosingLiens (other than Permitted Liens.)

Appears in 1 contract

Samples: Asset Purchase Agreement (155 East Tropicana, LLC)

Title to Personal Property. Except as set forth in writing by any Each Seller, the Sellers have as applicable, has good and valid title to all tangible Personal PropertyProperty owned by such Seller, which shall be free and clear of all liens and encumbrances as of the ClosingClosing except for the Leased Property (which shall be subject only to the ownership interest of the lessor thereunder).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Braemar Hotels & Resorts Inc.)

Title to Personal Property. Except as set forth in writing by any SellerSellers, the Sellers or the Operating Tenants, as applicable, have good and valid title to all tangible Personal Property, which shall be free and clear of all liens and encumbrances as of the Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (CNL Hotels & Resorts, Inc.)

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Title to Personal Property. Except as set forth in writing by any Sellerthe Seller Due Diligence Materials, the Sellers have Seller has good and valid title to all tangible Personal Property, which shall be free and clear of all liens and encumbrances as of the Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (DiamondRock Hospitality Co)

Title to Personal Property. Except as set forth in writing by any Seller, the Sellers have Seller has good and valid title to all tangible Personal Property, which shall be free and clear of all liens and encumbrances as of the ClosingClosing except for the Agreements and Equipment Leases which shall be subject only to the ownership interest of the lessor thereunder.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Chesapeake Lodging Trust)

Title to Personal Property. Except as set forth in writing by any Seller, the Sellers have Seller has good and valid title to all tangible Personal Property, which shall be free and clear of all liens and encumbrances as of the Closing, except for the Equipment Leases, which shall be subject only to the ownership interest of the lessor thereunder.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Carey Watermark Investors Inc)

Title to Personal Property. Except as set forth in writing by any Seller, the Sellers have good and valid title to all tangible Personal Property, which shall be free and clear of all liens and encumbrances as of the ClosingClosing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (CNL Hotels & Resorts, Inc.)

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