Common use of Title to Repurchased Property Clause in Contracts

Title to Repurchased Property. With respect to any items of property repurchased by Seller pursuant to this Section 13, Dealer shall take such action and shall execute and deliver such instruments as may be necessary: (i) to convey good and marketable title to all such items of property; (ii) to comply with the requirements of any applicable law relating to bulk sales and transfers; and (iii) to satisfy and discharge any liens or encumbrances on such items of property prior to delivery thereof to Seller.

Appears in 5 contracts

Samples: Service Agreement (Group 1 Automotive Inc), Service Agreement (Firstamerica Automotive Inc /De/), Service Agreement (Lithia Motors Inc)

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Title to Repurchased Property. With respect to any items of property repurchased by Seller pursuant to this Section 13, Dealer shall take such action and shall execute and deliver such instruments as may be necessary: (i) to convey good and marketable title to all such items of property; (ii) to comply with the requirements of any applicable law relating to bulk sales and transfers; and (iii) to satisfy and discharge any liens or encumbrances on such items of property prior to delivery thereof to Seller.. E.

Appears in 1 contract

Samples: Dealer Sales and Service Agreement

Title to Repurchased Property. With respect to any items of property repurchased by Seller pursuant to this Section 1312, Dealer shall take such action and shall execute and deliver such instruments as may be necessary: (i) to convey good and marketable title to all such items of property; (ii) to comply with the requirements of any applicable law relating to bulk sales and transfers; and (iii) to satisfy and discharge any liens or encumbrances on such items of property prior to delivery thereof to Seller.. E.

Appears in 1 contract

Samples: Dealer Sales and Service Agreement

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Title to Repurchased Property. With respect to any items of property repurchased by Seller pursuant to this Section 1312, Dealer shall take such action and shall execute and deliver such instruments as may be necessary: (i) to convey good and marketable title to all such items of property; (ii) to comply with the requirements of any applicable law relating to bulk sales and transfers; and (iii) to satisfy and discharge any liens or encumbrances on such items of property prior to delivery thereof to Seller.

Appears in 1 contract

Samples: Dealer Sales and Service Agreement (United Auto Group Inc)

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