Common use of Title to Real Property and Other Assets Clause in Contracts

Title to Real Property and Other Assets. As to the Real Property, Seller is the owner of fee simple interests in the Real Property, free and clear of any liens, mortgages, pledges or other security interests and subject only to Permitted Exceptions and those exceptions accepted or waived by Buyer. In addition to the Real Property, Seller has good and marketable title to all other assets comprising the Assets. The Assets to be transferred pursuant to this Agreement are sold "AS IS," without any warranty, express or implied, whether of merchantability, fitness for a particular use or purpose, or otherwise (except as to title), all of which warranties are hereby disclaimed.

Appears in 2 contracts

Samples: Branch Purchase and Assumption Agreement (Gold Banc Corp Inc), Branch Purchase and Assumption Agreement (Gold Banc Corp Inc)

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Title to Real Property and Other Assets. As to the Real Property, Seller is the owner of a fee simple interests interest in the Real Property, free and clear of any liens, mortgages, pledges or other security interests and subject only to Permitted Exceptions and those exceptions accepted or waived by Buyer. In addition to the Real Property, Seller has good and marketable title to all other assets comprising the Assets. The Assets to be transferred pursuant to this Agreement are sold "β€œAS IS," ” without any warranty, express or implied, whether of merchantability, fitness for a particular use or purpose, or otherwise (except as to titletitle or as otherwise specified herein), all of which warranties are hereby disclaimed.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Harrington West Financial Group Inc/Ca)

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Title to Real Property and Other Assets. As to the Real Property, Seller is the owner of a fee simple interests interest in the Real Property, free and clear of any liens, mortgages, pledges or other security interests and subject only to Permitted Exceptions and those exceptions accepted or waived by Buyer. In addition to the Real Property, Seller has good and marketable title to all other assets comprising the Assets. The Assets to be transferred pursuant to this Agreement are sold "AS IS," without any warranty, express or implied, whether of merchantability, fitness for a particular use or purpose, or otherwise (except as to title), all of which warranties are hereby disclaimed.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Jacksonville Bancorp Inc)

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