Titles and Encumbrances Sample Clauses

Titles and Encumbrances. The Seller represents and warrants to the Purchaser as of the date hereof that (a) the Seller is the lawful owner of the Ownership Interest, and (b) the Ownership Interest is free and clear of any liens, charges, pledges or other encumbrances of any third party rights
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Titles and Encumbrances. The Borrower has good title to the Collateral, free and clear of all mortgages, liens and encumbrances, except those referred to in Section 4.5
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Titles and Encumbrances. Seller represents that it has good and marketable title to the Equipment purchased hereunder free and clear of all encumbrances. Unless otherwise specified in this Purchase Order, title to the Equipment purchased hereunder passes to Purchaser at the time they are received by Purchaser in accordance with these terms and conditions.
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Titles and Encumbrances. The Company has good title to the Lots and Improvements for which advances are made to it under the Revolving Line of Credit, free and clear of all mortgages, liens and encumbrances, except those referred to in Section 4.2 hereof.
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Titles and Encumbrances. The Borrower has good and indefeasible fee simple title to the Lots and Improvements for which advances are made to it under the Revolving Line of Credit, free and clear of all mortgages, liens and encumbrances, except those referred to in Section 4.2 hereof.
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Related to Titles and Encumbrances

  • Liens and Encumbrances The Company shall not directly or indirectly make, create, incur, assume or permit to exist any assignment, transfer, pledge, mortgage, security interest or other lien or encumbrance of any nature in, to or against any part of the Pledged Property or of the Company's capital stock, or offer or agree to do so, or own or acquire or agree to acquire any asset or property of any character subject to any of the foregoing encumbrances (including any conditional sale contract or other title retention agreement), or assign, pledge or in any way transfer or encumber its right to receive any income or other distribution or proceeds from any part of the Pledged Property or the Company's capital stock; or enter into any sale-leaseback financing respecting any part of the Pledged Property as lessee, or cause or assist the inception or continuation of any of the foregoing.

  • Transfer and Encumbrance The L-C shall also provide that Landlord may, at any time and without notice to Tenant and without first obtaining Tenant’s consent thereto, transfer (one or more times) all or any portion of its interest in and to the L-C to another party, person or entity, regardless of whether or not such transfer is from or as a part of the assignment by Landlord of its rights and interests in and to this Lease. In the event of a transfer of Landlord’s interest in under this Lease, Landlord shall transfer the L-C, in whole or in part, to the transferee and thereupon Landlord shall, without any further agreement between the parties, be released by Tenant from all liability therefor, and it is agreed that the provisions hereof shall apply to every transfer or assignment of the whole of said L-C to a new landlord. In connection with any such transfer of the L-C by Landlord, Tenant shall, at Tenant’s sole cost and expense, execute and submit to the Bank such applications, documents and instruments as may be necessary to effectuate such transfer and, Tenant shall be responsible for paying the Bank’s transfer and processing fees in connection therewith; provided that, Landlord shall have the right (in its sole discretion), but not the obligation, to pay such fees on behalf of Tenant, in which case Tenant shall reimburse Landlord within ten (10) days after Tenant’s receipt of an invoice from Landlord therefor.

  • No Encumbrances Borrower has good and indefeasible title to the Collateral, free and clear of Liens except for Permitted Liens.

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