Common use of Conveyance Clause in Contracts

Conveyance. The Noteholder has full legal and equitable title to the Note, free and clear of all liens, pledges or encumbrances of any kind, nature or description, with full and unrestricted legal power, authority and right to enter into this Agreement and to transfer and deliver the Note to the Company pursuant hereto, and upon delivery of the Note to the Company, Company will be the owner of the Note, free and clear of all liens, claims, pledges or encumbrances of any kind, nature or description. The exchange by the Noteholder and the consummation of the transactions herein, does not by itself or with the passage of time violate or infringe upon the rights of any third parties or result or could reasonably result in any claims against the Noteholder or the Company.

Appears in 15 contracts

Samples: Exchange Agreement (Minerco Resources, Inc.), Exchange Agreement (Minerco Resources, Inc.), Exchange Agreement (Minerco Resources, Inc.)

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