Title to Tangible Assets. The Seller has good and marketable title to, or a valid leasehold interest in the Acquired Assets, free and clear of all Encumbrances, except those Permitted Encumbrances. All of the Acquired Assets, whether owned or leased, are in operating condition.
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Samples: Asset Purchase Agreement (Powercerv Corp), Asset Purchase Agreement (RCF Inc)
Title to Tangible Assets. The Seller has good and marketable title to, or, in the case of leases and licenses, valid and subsisting leasehold interests or a valid leasehold interest in licenses in, all of the Acquired Assets, . The Acquired Assets are free and clear of all EncumbrancesLiens, except those Permitted Encumbrances. All of the Acquired Assets, whether owned or leased, are in operating conditionLiens.
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Title to Tangible Assets. The Seller has good and marketable title to, or a valid leasehold interest in in, the material tangible assets included within the definition of Acquired Assets. Further, free Seller has received or obtained all necessary consents and clear of delivered all Encumbrances, except those Permitted Encumbrances. All necessary notices with respect to the assignment of the Acquired Assets, whether owned or leased, are in operating conditionAssets to the Buyer.
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