Common use of Ownership and Possession of Shares Clause in Contracts

Ownership and Possession of Shares. Seller is the record and beneficial owner of all of the issued and outstanding Shares and Seller will deliver to Purchaser at the Closing record and beneficial ownership of the Shares, in each case free and clear of all Liens, except for any Liens created by the Transaction Documents and Liens arising under the Securities Act or any applicable securities laws.

Appears in 2 contracts

Samples: Acquisition Agreement (Arris Group Inc), Acquisition Agreement (Arris Group Inc)

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Ownership and Possession of Shares. Seller is the record and beneficial owner of all of the Shares. Seller does not own any other securities issued and outstanding by, or other obligations of, TV. The Shares and the certificates representing the Shares are now, and at all times during the term hereof shall be, owned by Seller will deliver to Purchaser at the Closing record and beneficial ownership of the Sharesheld by Seller, in each case free and clear of all Liens, except for any Liens created by the Transaction Documents and Liens arising under the Securities Act or any applicable securities lawsEncumbrances whatsoever.

Appears in 1 contract

Samples: Stock Purchase Agreement (Granite Broadcasting Corp)

Ownership and Possession of Shares. As of the Closing, Seller is the record registered and beneficial owner of all of the issued and outstanding Shares and Seller will deliver to Purchaser at the Closing record and beneficial ownership of the Shares, in each case free and clear of all LiensEncumbrances whatsoever, except for any Liens Encumbrances created by the Transaction Documents this Agreement and Liens Encumbrances arising under the Securities Act or any applicable state or provincial securities laws.

Appears in 1 contract

Samples: Stock Purchase Agreement (MDC Partners Inc)

Ownership and Possession of Shares. Seller is the record and beneficial owner of all of the issued and outstanding Shares. The certificates representing the Shares are now and Seller will deliver to Purchaser at all times during the Closing record and beneficial ownership of the Sharesterm hereof shall be held by Seller, in each case free and clear of all Liens, except for any Liens created by the Transaction Documents and Liens arising under the Securities Act or any applicable securities lawsthis Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Openwave Systems Inc)

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Ownership and Possession of Shares. Seller is the record and beneficial owner of all of the issued and outstanding Shares. The certificates representing the Shares are now and Seller will deliver to Purchaser at all times from the date hereof through the Closing shall be held of record and beneficial ownership of the Shares, in each case by Seller free and clear of all Liens, except for any Liens created by the Transaction Documents and Liens arising under the Securities Act or any applicable securities laws.Encumbrances whatso-

Appears in 1 contract

Samples: Stock Sale Agreement (Merisel Inc /De/)

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