Ownership of the Sale Shares. (1) The Seller is the sole legal and beneficial owner of the Sale Shares. The Sale Shares constitute the entire issued share capital of the Company.
Ownership of the Sale Shares. Each of the Sellers is the registered and sole beneficial owner of the number of Sale Shares set out against his name in Schedule 1 and has the right to transfer entire legal and beneficial title to those Sale Shares free from any Encumbrances in accordance with the terms of this Agreement.
Ownership of the Sale Shares. The Vendors are the registered and beneficial owners of the Sale Shares free from encumbrances.
Ownership of the Sale Shares. The Vendor is the legal owner of the Sale Shares and upon delivery of and payment for the Sale Shares in accordance with the provisions of this Agreement, the Vendor shall transfer to the Company with full title guarantee to such Sale Shares, free and clear of all security interests, liens, pledges, claims, charges, escrows, encumbrances, options, rights of first refusal, rights of pre-emption, mortgages, indentures or easements of any type ("ENCUMBRANCE"). Other than the Sale Shares (which are fully paid) the Vendor does not own any of the share capital of the Company. From the date hereof until the date of termination of this Agreement, Vendor shall not, without specific instruction from Dxxxx Xxxxxxx to do so, sell, transfer, pledge, hypothecate, or otherwise dispose of any of the Sale Shares or any interest in or portion thereof, or any rights appurtenant thereto.
Ownership of the Sale Shares. 3.1 The Sale Shares constitute the issued shares held by the Vendor in the capital of the Company.
Ownership of the Sale Shares. 1.1.1 The King Reach Sale Shares and Greatfaith Sale Shares constitute approximately 25% and 5% respectively of the total issued share capital of Dragon Xxxxx as of the date of this Agreement.
Ownership of the Sale Shares. (a) The Seller is the sole legal record owner of the Sale Shares. The Seller has good title to the Sale Shares free and clear of any lien, charge, pledge, security interest, claim or other encumbrance (“Lien”), other than any transfer restrictions imposed by federal and state securities Laws of the United States of America, and the Sale Shares are fully paid and non-assessable. The Seller will transfer and deliver to the Purchaser at the Closing good title to the Sale Shares free and clear of any Lien, other than any Lien created by or resulting from the debts, liabilities or actions of the Purchaser, and the Sale Shares shall be fully paid and non-assessable.
Ownership of the Sale Shares. The Seller is the sole and beneficial owner of and has good title to all of the Sale Shares. All of the Sale Shares are validly issued, fully paid and are free and clear of any Encumbrances (except for, and subject to, the Permitted Encumbrances). Immediately after the Closing, the Buyer will have good title to all of the Sale Shares and all rights attached or accruing thereto, free and clear of any Encumbrances (except for, and subject to, the Permitted Encumbrances and Encumbrances created by the Buyer or resulting from the Buyer’s ownership of the Sale Shares).
Ownership of the Sale Shares. 6.2.1 The Seller owns the Sale Shares free and clear of any Encumbrances, and the Sale Shares have been validly issued and fully paid.
Ownership of the Sale Shares. The Vendor represents and warrants that:
