Common use of Trade-In Equipment Clause in Contracts

Trade-In Equipment. Customer warrants that the equipment traded in described on the Machinery Sales Agreement and for which trade-in allowance is given, is free and clear of all encumbrances.

Trade-In Equipment. Customer warrants that the any equipment traded in or described on the Machinery Sales Agreement a document incorporating these terms and for which trade-in allowance is given, is free and clear of all encumbrances.