Owners of Shares Sample Clauses

Owners of Shares. Each of the Trustees in relation to the Trust (with the intention of binding not only themselves but also their respective successors and assignees) hereby severally warrants to the Purchaser that they or their nominees are the legal owners of the Shares shown in Schedule 5, Part 1 as being held by them and those Shares will at Completion be transferred free from all pledges, liens, charges, equities, encumbrances rights of pre-emption or interests in favour of any other person, body or authority and they will have power to transfer the full legal and beneficial interest in the Shares to the Purchaser.
AutoNDA by SimpleDocs
Owners of Shares. As of the date of this Agreement, such Selling Stockholder is the holder of record and owns beneficially that number of shares of Common Stock, Warrants, Management Contingent Rights, Berkshire Contingent Rights or Series A Preferred Stock and, as of the Closing Date, will be the holder of record and will own beneficially that number of shares of Common Stock, Warrants, Management Contingent Shares, Berkshire Contingent Shares or Series A Preferred Stock, as provided on and subject to adjustment pursuant to Schedule I hereto, free and clear of all Liens other than Securities Laws Restrictions. At the Closing, Buyer will receive good and valid title to the Shares and/or Series A Preferred Shares owned by such Selling Stockholder free and clear of all Liens except for the Securities Laws Restrictions and any Liens created by or through Buyer or any Affiliate thereof.
Owners of Shares. As of the date of this Agreement, each Seller is the holder of record and owns beneficially that number of shares of Common Stock and/or Class B Preferred Stock of the Company as set forth opposite each Seller's name on Exhibit B, and, as of the Closing Date, will be the holder of record and will own beneficially such number of shares of such capital stock (collectively, the "Seller's Company Capital Stock"), in each case free and clear of any Liens. Each Seller does not have, and will not have, the right to acquire, any capital stock or other ownership interest in the Company, except pursuant to Outstanding Options.
Owners of Shares. As of the date of this Agreement, such ---------------- Shareholder is (i) the holder of record and owns beneficially that number of Company Common Shares as set forth opposite such Shareholder's name on Schedule -------- A hereto, free and clear of all Liens and (ii) a resident of the country and, if - such Shareholder is a resident of Canada, the province set forth opposite such Shareholder's name on Schedule 8.9 hereto. MCH is receiving good and valid title ------------ to the Company Common Shares owned by such Shareholder, free and clear of all Liens. In addition, no person has any agreement or option or any right capable of becoming an agreement for the purchase of the Company Common Shares owned by such Shareholder. There is not pending any suit, action or other legal proceeding of any sort to, in any manner, restrain or prevent such Shareholder from effectually and legally transferring the Company Common Shares owned by such Shareholder to MCH, free and clear of all claims, Liens, security interests and encumbrances of any nature or kind, or any action or proceeding, the effect of which would be to cause a Lien, security interest or encumbrance of any nature or kind to attach to any of such Company Common Shares or to divest title to or ownership of any of such Company Common Shares in any manner whatsoever, or to make MCH, the Company, such Shareholder or any of them liable for damages as a result of the execution and delivery of this Agreement by such Shareholder or the completion by such Shareholder of the transactions contemplated herein and such Shareholder knows of no such claim in connection with any of the foregoing.
Owners of Shares. As of the date hereof, such Selling Stockholder is the holder of record and owns beneficially that number of shares of Common Stock and, as of the Closing Date, will be the holder of record and will own beneficially that number of shares of Common Stock, set forth opposite her or its name on Schedule I hereto, free and clear of all Liens, other than those Liens listed on Schedule 3.2(a) which shall be released on the Closing Date. At the Closing, such Selling Stockholder will transfer to Buyer good and valid title to the Shares owned by such Selling Stockholder free and clear of all Liens.
Owners of Shares. 37 6.02 Authority Relative to This Agreement ................................. 37 6.03 No Conflict; Required Filings and Consents ........................... 37 6.04 Absence of Litigation ................................................ 38 6.05 Brokers .............................................................. 38
Owners of Shares. Except as disclosed on SCHEDULE I hereto, such Shareholder is the holder of record of, and beneficially owns, the number of shares of Common Stock set forth opposite such Shareholder's name on SCHEDULE I hereto, free and clear of any Liens.
AutoNDA by SimpleDocs
Owners of Shares. The Company shall be entitled to treat the person registered in the Register of Shareholders as the holder of any share, as the absolute owner thereof (a “Registered Holder”) and shall not, except as ordered by a court of competent jurisdiction, or as required by the Law, be obligated to recognize any equitable or other claim to, or interest in, such share on the part of any other person.

Related to Owners of Shares

  • Transfers of Shares Upon surrender to the corporation or the transfer agent of the corporation of a certificate for shares duly endorsed or accompanied by proper evidence of succession, assignment or authority to transfer, it shall be the duty of the corporation to issue a new certificate to the person entitled thereto, cancel the old certificate, and record the transaction upon its books.

  • Transfers of Stock Transfers of stock shall be made only upon the transfer books of the Corporation kept at an office of the Corporation or by transfer agents designated to transfer shares of the stock of the Corporation. Except where a certificate is issued in accordance with Section 4 of Article V of these Bylaws, an outstanding certificate, if one has been issued, for the number of shares involved shall be surrendered for cancellation before a new certificate, if any, is issued therefor.

  • Notice of Dividends, etc.; Fixing Record Date for Holders of Receipts Whenever any cash dividend or other cash distribution shall become payable or any distribution other than cash shall be made, or if rights, preferences or privileges shall at any time be offered, with respect to the Series C Preferred Stock, or whenever the Depositary shall receive notice of any meeting at which holders of the Series C Preferred Stock are entitled to vote or of which holders of the Series C Preferred Stock are entitled to notice, or whenever the Depositary and the Corporation shall decide it is appropriate, the Depositary shall in each such instance fix a record date (which shall be the same date as the record date fixed by the Corporation with respect to or otherwise in accordance with the terms of the Series C Preferred Stock) for the determination of the Holders of Receipts who shall be entitled to receive such dividend, distribution, rights, preferences or privileges or the net proceeds of the sale thereof, or to give instructions for the exercise of voting rights at any such meeting, or who shall be entitled to notice of such meeting or for any other appropriate reasons.

  • Rights of Shareholders The Shares shall be personal property giving only the rights in this Declaration specifically set forth. The ownership of the Trust Property of every description and the right to conduct any business herein before described are vested exclusively in the Trustees, and the Shareholders shall have no interest therein other than the beneficial interest conferred by their Shares, and they shall have no right to call for any partition or division of any property, profits, rights or interests of the Trust nor can they be called upon to share or assume any losses of the Trust or, subject to the right of the Trustees to charge certain expenses directly to Shareholders, as provided in the last sentence of Section 3.8, suffer an assessment of any kind by virtue of their ownership of Shares. The Shares shall not entitle the holder to preference, preemptive, appraisal, conversion or exchange rights (except as specified in this Section 6.3, in Section 11.4 or as specified by the Trustees when creating the Shares, as in preferred shares).

  • Transfers of Warrant Subject to compliance with applicable federal and state securities laws, this Warrant and all rights hereunder are transferable in whole or in part by the Holder to any person or entity upon written notice to the Company. The transfer shall be recorded on the books of the Company upon the surrender of this Warrant, properly endorsed, to the Company at its principal offices, and the payment to the Company of all transfer taxes and other governmental charges imposed on such transfer. In the event of a partial transfer, the Company shall issue to the holders one or more appropriate new warrants.

  • Transfers of Membership Interests 8.1. A Member may withdraw from the Company at any time by giving Notice of withdrawal to the Manager at least 180 calendar days before the effective date of withdrawal. Withdrawal will not release a Member from any obligations and liabilities under this Agreement accrued or incurred before the effective date of withdrawal. A withdrawing Member will divest the Member’s entire Membership Interest before the effective date of withdrawal in accordance with and subject to the provisions of this Article VIII.

  • Shareholders Voting Powers and Meetings The Shareholders shall have power to vote only (i) for the election or removal of Trustees as and to the extent provided in Section 4.1, (ii) with respect to such additional matters relating to the Trust as may be required by federal law including the 1940 Act, or any registration of the Trust with the Commission (or any successor agency) or any state and (iii) as the Trustees may otherwise consider necessary or desirable in their sole discretion. Provisions relating to meetings, quorum, required vote, record date and other matters relating to Shareholder voting rights are as provided in the By-Laws.

  • Transfers of Fractions of Warrants The Warrant Agent shall not be required to effect any registration of transfer or exchange of Warrants which would require the issuance of a warrant certificate or book-entry position for a fraction of a warrant, except as part of the Units.

  • Meetings of Holders of the Preferred Securities (a) No annual meeting of Holders is required to be held. The Property Trustee, however, shall call a meeting of the Holders of the Preferred Securities to vote on any matter upon the written request of the Holders of at least twenty five percent (25%) in aggregate Liquidation Amount of the Outstanding Preferred Securities and the Administrative Trustees or the Property Trustee may, at any time in their discretion, call a meeting of the Holders of the Preferred Securities to vote on any matters as to which such Holders are entitled to vote.

  • Transfers of ADRs The Depositary or its agent will keep, at a designated transfer office (the "Transfer Office"), (a) a register (the "ADR Register") for the registration, registration of transfer, combination and split-up of ADRs, and, in the case of Direct Registration ADRs, shall include the Direct Registration System, which at all reasonable times will be open for inspection by Holders and the Company for the purpose of communicating with Holders in the interest of the business of the Company or a matter relating to the Deposit Agreement and (b) facilities for the delivery and receipt of ADRs. The term ADR Register includes the Direct Registration System. Title to this ADR (and to the Deposited Securities represented by the ADSs evidenced hereby), when properly endorsed (in the case of ADRs in certificated form) or upon delivery to the Depositary of proper instruments of transfer, is transferable by delivery with the same effect as in the case of negotiable instruments under the laws of the State of New York; provided that the Depositary, notwithstanding any notice to the contrary, may treat the person in whose name this ADR is registered on the ADR Register as the absolute owner hereof for all purposes and neither the Depositary nor the Company will have any obligation or be subject to any liability under the Deposit Agreement to any holder of an ADR, unless such holder is the Holder thereof. Subject to paragraphs (4) and (5), this ADR is transferable on the ADR Register and may be split into other ADRs or combined with other ADRs into one ADR, evidencing the aggregate number of ADSs surrendered for split-up or combination, by the Holder hereof or by duly authorized attorney upon surrender of this ADR at the Transfer Office properly endorsed (in the case of ADRs in certificated form) or upon delivery to the Depositary of proper instruments of transfer and duly stamped as may be required by applicable law; provided that the Depositary may close the ADR Register at any time or from time to time when deemed expedient by it or requested by the Company. At the request of a Holder, the Depositary shall, for the purpose of substituting a certificated ADR with a Direct Registration ADR, or vice versa, execute and deliver a certificated ADR or a Direct Registration ADR, as the case may be, for any authorized number of ADSs requested, evidencing the same aggregate number of ADSs as those evidenced by the certificated ADR or Direct Registration ADR, as the case may be, substituted.

Time is Money Join Law Insider Premium to draft better contracts faster.