Common use of Title to Tangible Personal Property Clause in Contracts

Title to Tangible Personal Property. Seller has good and valid title or a valid right to use all of the Tangible Personal Property included in the Purchased Assets free and clear of all Encumbrances, except for Permitted Encumbrances (and, as of the date hereof, Encumbrances arising out of the MBG Secured Obligations).

Appears in 1 contract

Samples: Asset Purchase Agreement (Mission Broadcasting Inc)

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Title to Tangible Personal Property. Seller has good and valid title to, or a valid right to use leasehold interest in, all of the Tangible Personal Property included in the Purchased Assets Assets. All such Tangible Personal Property (including leasehold interests) is free and clear of all Encumbrances, Encumbrances except for the following (collectively referred to as “Permitted Encumbrances (and, as of the date hereof, Encumbrances arising out of the MBG Secured Obligations).Encumbrances”):

Appears in 1 contract

Samples: Asset Purchase Agreement (Astronics Corp)

Title to Tangible Personal Property. Seller has good and valid title to, or a valid right to use leasehold interest in, all of the Tangible Personal Property included in the Purchased Assets Assets, free and clear of any and all Encumbrances, except for Permitted Encumbrances (and, as encumbrances of the date hereof, Encumbrances arising out of the MBG Secured Obligations)any kind or nature whatsoever.

Appears in 1 contract

Samples: Asset Purchase Agreement (Supreme Industries Inc)

Title to Tangible Personal Property. The Seller has good and valid title to, or a valid right and enforceable license or leasehold interest in, or other legal rights to use possess or use, all of the Tangible Personal Property Property, included in the Purchased Assets Assets, free and clear of all Encumbrances, except for Liens (other than Permitted Encumbrances (and, as of the date hereof, Encumbrances arising out of the MBG Secured ObligationsLiens).

Appears in 1 contract

Samples: Asset Purchase Agreement (Stanley Furniture Co Inc.)

Title to Tangible Personal Property. Seller has good and valid title to, or a valid right to use leasehold interest in, all of the Tangible Personal Property included in the Purchased Assets Assets, free and clear of all Encumbrances, Encumbrances except for Permitted Encumbrances (and, as of excepting those Encumbrances that will be satisfied by the date hereof, Encumbrances arising out of Closing or with the MBG Secured ObligationsPurchase Price).

Appears in 1 contract

Samples: Asset Purchase Agreement (Item 9 Labs Corp.)

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Title to Tangible Personal Property. Each Seller has good and valid title to, or a valid right to use all leasehold interest in, the tangible personal property which comprise a portion of the Tangible Personal Property included in the Purchased Assets free and clear of all Encumbrances, except for Permitted Encumbrances (and, as of the date hereof, Encumbrances arising out of the MBG Secured Obligations)Acquired Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Middle Bay Oil Co Inc)

Title to Tangible Personal Property. Seller has good and valid title or a valid right to use all of the Tangible Personal Property included in the Purchased Assets Assets, free and clear of all Encumbrancesany lien, charge, claim, pledge, security interest or other similar encumbrance (each, an “Encumbrance”), except for Permitted Encumbrances (and, as of the date hereof, Encumbrances arising out of the MBG Secured Obligations)liens for Taxes not yet due and payable.

Appears in 1 contract

Samples: Asset Purchase Agreement (Bit Brother LTD)

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