Common use of TITLE TO VEHICLES Clause in Contracts

TITLE TO VEHICLES. Other than with respect to vehicles or trailers leased by Seller, Seller agrees to deliver to Purchaser, within a reasonable time after the Closing, those titles to vehicles and trailers listed on SCHEDULE 1.1(B) which Seller was unable to deliver at Closing pursuant to Section 3.2(b) hereof. With respect to those vehicles or trailers listed on SCHEDULE 1.1(B) which are leased by Seller, Seller agrees to use reasonable efforts to cooperate with and assist Purchaser in promptly obtaining title from the respective lessors of such vehicles and trailers. Promptly after receiving the titles to the vehicles and trailers pursuant to Section 3.2(b) and promptly after receiving the additional titles to the vehicles and trailers pursuant to this section, Purchaser agrees to register such trailers and vehicles in Purchaser's own name with the Department of Motor Vehicles or comparable governmental agency in the State of Florida and to provide Seller with evidence reasonably satisfactory to Seller of such registration. Purchaser agrees to indemnify and hold Seller harmless from any costs, claim, liability or other expense resulting from any delay in Purchaser's registration of the vehicles and trailers in Purchaser's own name and to name Seller as an additional insured on Purchaser's insurance for such vehicles and trailers until such registration.