Common use of Title to the LLC Clause in Contracts

Title to the LLC. Seller has valid marketable title to the LLC, free and clear of any pledge, lien, security interest, encumbrance, claim or equitable interest (“Encumbrances”). Upon the sale and transfer of the LLC, and payment therefor, in accordance with the provisions of this Agreement, Purchaser will acquire valid marketable title to the LLC, free and clear of any pledge, lien, security interest, encumbrance, claim or equitable interest.

Appears in 4 contracts

Samples: LLC Purchase Agreement (Blue Sphere Corp.), LLC Purchase Agreement (Blue Sphere Corp.), Orbit Energy Rhode Island, LLC Purchase Agreement (Blue Sphere Corp.)

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Title to the LLC. Seller has valid marketable title to the LLC, free and clear of any pledge, lien, security interest, encumbrance, claim or equitable interest (“Encumbrances”). Upon the sale and transfer of the LLC, and payment therefor, in accordance with the provisions of this Agreement, Purchaser will acquire valid marketable title to the LLC, free and clear of any pledge, lien, . security interest, encumbrance, claim or equitable interest.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Blue Sphere Corp.)

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