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

Title to Purchased Assets; Sufficiency. Seller owns and has good title to each of the Purchased Assets, free and clear of all Liens other than Permitted Exceptions. The Purchased Assets and the Excluded Assets constitute all of the properties used in or held for use in the Business and are sufficient for Purchaser to conduct the Business from and after the Closing Date without interruption and in the Ordinary Course of Business as it has been conducted by Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Technology Solutions Company)

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Title to Purchased Assets; Sufficiency. Seller owns Sellers own and has have good title to each of the Purchased Assets, free and clear of all Liens other than Permitted Exceptions. The Purchased Assets and the Excluded Assets constitute all of the properties and assets used in or held for use in the Business Business, except as set forth on Schedule 5.6, and are sufficient for Purchaser to conduct the Business from and after the Closing Date without interruption and in the Ordinary Course of Business Business, as it has been conducted by SellerSellers.

Appears in 1 contract

Samples: Asset Purchase Agreement (DXP Enterprises Inc)

Title to Purchased Assets; Sufficiency. Seller owns and has the Subsidiaries own and have good title to each of the Purchased Assets, free and clear of all Liens other than Permitted Exceptions. The Purchased Assets and the Excluded Assets constitute all of the properties assets used in or held for use in the Business and are sufficient for Purchaser to conduct the Business from and after the Closing Date without interruption and in the Ordinary Course of Business as it has been conducted by Sellerand without interruption.

Appears in 1 contract

Samples: Asset Purchase Agreement (New York Mortgage Trust Inc)

Title to Purchased Assets; Sufficiency. Seller owns and has good title to each of the Purchased Assets, free and clear of all Liens other than Permitted ExceptionsLiens. The Purchased Assets and the Excluded Assets constitute all of the properties Properties used in or held for use in the Business and are sufficient for Purchaser to conduct the Business from and after the Closing Date without interruption and in the Ordinary Course of Business Business, as it has been conducted by SellerSeller as of the Closing Date.

Appears in 1 contract

Samples: Asset Purchase Agreement (DXP Enterprises Inc)

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Title to Purchased Assets; Sufficiency. Seller owns has good, valid, marketable and has good exclusive title in and to each of the Purchased Assets owned by Seller free and clear of all Encumbrances. Upon consummation of the transactions contemplated by this Agreement, Buyer will have acquired good, valid, marketable and exclusive title in and to each of the Purchased Assets, free and clear of all Liens other than Permitted ExceptionsEncumbrances. The Purchased Assets and the Excluded Assets constitute include all of the properties Intellectual Property that is used in or held for use in the Business and are sufficient for Purchaser to conduct the Business from and after the Closing Date without interruption and in the Ordinary Course of Business as it has been conducted by SellerBusiness.

Appears in 1 contract

Samples: Asset Purchase Agreement (Quantrx Biomedical Corp)

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