Common use of Title to Transferred Interests Clause in Contracts

Title to Transferred Interests. Upon execution and delivery to Assignee of each of the Assign ment and Assumption Agreements and the consummation of the transactions contem plated hereunder and thereunder, Assignee will acquire legal title to the Transferred Interests, free and clear of all Liens and transfer restrictions other than as set forth on Schedule 5(h).

Appears in 6 contracts

Samples: Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Vi), Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Vi), Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund V)

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Title to Transferred Interests. Upon execution and delivery to Assignee of each of the Assign ment Assignment and Assumption Agreements and the consummation of the transactions contem plated contemplated hereunder and thereunder, Assignee will acquire legal title to the Transferred Interests, free and clear of all Liens and transfer restrictions other than as set forth on Schedule 5(h).

Appears in 4 contracts

Samples: Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Ii), Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Iv), Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Iv)

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