Common use of Title to the Shares Clause in Contracts

Title to the Shares. As of the Closing Date, such Stockholder shall own beneficially and of record, free and clear of any lien, option or other encumbrance, the shares of Company Common Stock set forth opposite such Stockholders' name on Exhibit A hereof, and, upon consummation of the Stock Purchase, GRS will acquire good and valid title thereto, free and clear of any lien or other encumbrance.

Title to the Shares. As of the Closing Date, such Stockholder the Shareholder shall own beneficially and of record, free and clear of any lien, option or other encumbrance, the shares of Company Common Stock Shares as set forth opposite such Stockholders' name on Exhibit A hereof, and, upon consummation of the Stock Purchase, GRS will acquire good and valid title thereto, free and clear of any lien or other encumbrance.