Unencumbered Title. Seller is the sole record and beneficial owner of the Shares to be transferred by Seller to Buyer. Such Shares are not subject to any lien, claim, restriction or encumbrance or to any option or right (collectively, "Encumbrances") that restricts Seller from transferring good and marketable title to such Shares to Buyer, free and clear of any Encumbrances.
Unencumbered Title. Grantor warrants that the Easement Property granted herein is granted free and clear of all liens and encumbrances.
Unencumbered Title. If the District exercises its option under Section 12.3, the Corporation shall immediately cancel all encumbrances on such property, including any leases and management agreements. Any lease, management contract, or similar encumbrance on such property will be considered immediately cancelled if the lessee, management company, or other user vacates such property within a reasonable time, generally not to exceed 90 days, after the date the District exercises its rights under Section 12.3. Encumbrances that do not significantly interfere with the enjoyment of such property, such as most easements granted to utility companies, are not considered encumbrances for purposes of this Section 12.4 or for purposes of Section 12.6.
Unencumbered Title. Buyer shall have received copies of such releases and documents, and reviewed other such evidence as Buyer deems necessary to assure Buyer that the Acquired Assets are being delivered free and clear of all Liens and encumbrances.
Unencumbered Title. 36 Section 12.5.
Unencumbered Title. Each asset reflected in the Accounts (save for current assets disposed of by the Company in the ordinary course of its business since the Accounting Date) and each asset treated as an asset of the Company and/or used by the Company:-
5.1 is in the legal and beneficial ownership of the Company, free from any third party right and from any Contract to grant the same
5.2 is situated at the Property, and
5.3 is not to any extent surplus to requirements
Unencumbered Title. You warrant that you have full, clear and unencumbered title to all Goods and deliverables provided to us, and that at the date of delivery of the Goods and deliverables to us, you will have full and unrestricted rights to transfer them to us.
Unencumbered Title. Each asset reflected in the Accounts (save for the Property, and current assets disposed of by the Company in the ordinary course of its business since the Accounting Date) and each asset treated as an asset of the Company and/or used by the Company at the date of this Agreement:
5.1 is in the legal and beneficial ownership of the Company, free from any third party right and from any Contract to grant the same; and
5.2 is situated at the Property.
Unencumbered Title. Other than Permitted Encumbrances, County (but not GHI) hereby represents that County has and at the Commencement Date will have good and marketable title to all property and assets to be leased hereunder subject to no mortgage, pledge, lien, conditional sale agreement, encumbrance or charge.
Unencumbered Title. Each asset reflected in the Accounts (save for current assets disposed of by the Company in the ordinary course of its business since the Accounting Date) and each asset treated as an asset of the Company and/or used by the Company at the date of this Agreement is in the legal and beneficial ownership of the Company, free from any third party right and from any Contract to grant the same.
