Common use of Ownership and Transfer of Shares Clause in Contracts

Ownership and Transfer of Shares. Such Selling Shareholder is the record and beneficial owner of the Purchased Shares of such Selling Shareholder, free and clear of all Liens. Such Selling Shareholder has the power to sell, transfer, assign and deliver its Purchased Shares as provided in this Agreement, and such delivery will convey to the Purchaser good and marketable title to such Shares, free and clear of all Liens. Each Purchased Share of such Selling Shareholder is duly authorized, validly issued, fully paid and non-assessable.

Appears in 2 contracts

Samples: Share Purchase Agreement (Momo Inc.), Share Purchase Agreement (Luokung Technology Corp.)

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Ownership and Transfer of Shares. Such Selling The Shareholder is the record and beneficial owner of all of the Purchased Shares of such Selling ShareholderShares, free and clear of any and all Liens. Such Selling The Shareholder has the requisite power and authority to sell, transfer, assign and deliver its Purchased such Shares as provided in this Agreement, and such delivery will convey to the Purchaser good and marketable title to such Shares, free and clear of any and all Liens. Each Purchased Share of such Selling Shareholder is duly authorized, validly issued, fully paid and non-assessable.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Nova Lifestyle, Inc.), Stock Purchase Agreement (Omega Protein Corp)

Ownership and Transfer of Shares. Such Selling Shareholder Stockholder is the record and beneficial owner of the Purchased Shares of indicated as being owned by such Selling ShareholderStockholder on Exhibit A, free and clear of any and all Liens. Such Selling Shareholder Stockholder has the power and authority to sell, transfer, assign and deliver its Purchased such Shares as provided in this Agreement, and such delivery will convey to the Purchaser good and marketable title to such Shares, free and clear of any and all Liens. Each Purchased Share of such Selling Shareholder is duly authorized, validly issued, fully paid and non-assessable.

Appears in 1 contract

Samples: Stock Purchase Agreement (Deep Down, Inc.)

Ownership and Transfer of Shares. Such Selling Shareholder Stockholder is the record (other than the Trust, of which Xxxxxxxxxxx X. Xxxxx is the beneficial owner) and beneficial owner of the Purchased Shares of indicated as being owned by such Selling ShareholderStockholder on Exhibit A, free and clear of any and all Liens. Such Selling Shareholder Stockholder has the power and authority to sell, transfer, assign and deliver its Purchased such Shares as provided in this Agreement, and such delivery will convey to the Purchaser good and marketable title to such Shares, free and clear of all Liens. Each Purchased Share of such Selling Shareholder is duly authorized, validly issued, fully paid and non-assessable.will

Appears in 1 contract

Samples: Stock Purchase Agreement (DXP Enterprises Inc)

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Ownership and Transfer of Shares. Such Selling Shareholder Stockholder is the record and beneficial owner of the Purchased Shares of indicated as being owned by such Selling ShareholderStockholder on Exhibits B-1 and B-2, free and clear of any and all Liens. Such Selling Shareholder Stockholder has the power and authority to sell, transfer, assign and deliver its Purchased such Shares as provided in this Agreement, and such delivery will convey to the Purchaser Purchasers good and marketable title to such Shares, free and clear of any and all Liens. Each Purchased Share of such Selling Shareholder is duly authorized, validly issued, fully paid and non-assessable.

Appears in 1 contract

Samples: Stock Purchase Agreement (SolarWinds, Inc.)

Ownership and Transfer of Shares. Such The Selling Shareholder Stockholder is the record and beneficial owner of the Purchased Shares of such Selling ShareholderShares, free and clear of any and all Liens. Such Liens and the Selling Shareholder Stockholder has the all requisite power and authority to sell, transfer, assign and deliver its Purchased such Shares to Purchaser as provided in this Agreement, and such delivery will convey to the Purchaser good and marketable valid title to such Shares, free and clear of any and all Liens. Each Purchased Share of such Selling Shareholder is duly authorized, validly issued, fully paid and non-assessable.

Appears in 1 contract

Samples: Stock Purchase Agreement (Hollywood Media Corp)

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