Full Title Guarantee definition

Full Title Guarantee means with the benefit of the implied covenants set out in Part 1 of the Law of Property (Miscellaneous Provisions) Xxx 0000 when a disposition is expressed to be made with full title guarantee;

Full Title Guarantee means on the basis that the covenants implied under Part 1 of the Law of Property (Miscellaneous Provisions) Xxx 0000 where a disposition is expressed to be made with full title guarantee are deemed to be given by the Seller (on behalf of the relevant Share Seller or Business Seller) on Closing;

Full Title Guarantee means with the benefit of the implied covenants set out in Part 1 of the Law of Property (Miscellaneous Provisions) Act 1994 when a disposition is expressed to be made with full title guarantee, provided that section 6(2) of the Law of Property (Miscellaneous Provisions) Act 1994 shall not apply for the purpose of this Agreement;

Examples of Full Title Guarantee in a sentence

• The Seller is the legal and beneficial owner of the Shares, and shall sell, and the Purchaser shall purchase, the Shares on the basis that they are sold at Completion with Full Title Guarantee and free from any Encumbrance and together with all rights attaching to them at Completion, including the right to receive all dividends, distributions or any return of capital declared, made or paid with effect from Completion.

• The sale and purchase of the Shares shall be on the terms set out in this Agreement and made with Full Title Guarantee.

• The Seller is the legal and beneficial owner of the Remaining Shares and, in the event of the valid exercise by Purchaser of the Option, shall sell and the Purchaser shall purchase the Additional Shares on the basis that they are sold at Completion with Full Title Guarantee and free from any Encumbrance and together with all rights attached to them at Completion or subsequently becoming attached to them.

• The Seller is the legal and beneficial owner of, and will at Completion be entitled to transfer the legal and beneficial title to, the Shares with Full Title Guarantee, free from any Encumbrances.

• The Shares are transferable to Buyer with Full Title Guarantee and are upon the Closing free and clear of any Encumbrances.

More Definitions of Full Title Guarantee

Full Title Guarantee means the covenant for title implied by Section 3 (1) of the Law of Property (Miscellaneous Provisions) Act 1994 save that the words ‘other than any charges, encumbrances or rights which that person does not or could not reasonably be expected to know about’ shall be deleted in their entirety;

Full Title Guarantee has the meaning ascribed to it in the Law of Property (Miscellaneous Provisions) Xxx 0000;

Full Title Guarantee has the meaning given to that expression by section 1 of the Law of Property (Miscellaneous Provisions) Xxx 0000;

Full Title Guarantee means the benefit of the implied covenants set out in Part 1 of the Law of Property (Miscellaneous Provisions) Act 1994 when a disposition is expressed to be made with full title guarantee;

Full Title Guarantee means on the basis that the same covenants shall be deemed to be given by each of the Sellers on Closing in relation to the Company Shares being sold by them as are implied under Part 1 of the Law of Property Miscellaneous Provisions Act 1994 (“LP(MP)A”) where a disposition is expressed to be made with full title guarantee but as if those covenants are construed with the omission of: (i) the words “other than any charges, encumbrances or rights which that person does not and could not reasonably be expected to know about” from the covenant set out in section 3(1) LP(MP)A; and (ii) section 6(2) LP(MP)A.

Full Title Guarantee means that the same covenants shall be deemed to be given by the Sellers on Closing in relation to the Shares as are implied under Part I of the Law of Property Miscellaneous Provisions Act 1994 where a disposition is expressed to be made with full title guarantee;

Full Title Guarantee means the Company’s right to allot Shares with good title and free form any Encumbrance.