Common use of Ownership of Capital Stock Clause in Contracts

Ownership of Capital Stock. The Shareholder is the beneficial owner of record and beneficially of all of the shares of capital stock of the Company, all of which shares are free and clear of all rights, claims, liens and encumbrances, and have not been sold, pledged, assigned or otherwise transferred except pursuant to this Agreement.

Appears in 11 contracts

Samples: Stock Purchase Agreement (Dragon International Group Corp.), Stock Purchase Agreement (Dragon International Group Corp.), Stock Purchase Agreement (Dragon International Group Corp.)

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Ownership of Capital Stock. The Shareholder is Shareholders are the beneficial owner owners of record and beneficially of all of the shares of capital stock of the Company, all of which shares are free and clear of all rights, claims, liens and encumbrances, and have not been sold, pledged, assigned or otherwise transferred except pursuant to this Agreement.

Appears in 4 contracts

Samples: Agreement and Plan of Merger and Reorganization (Netdigest Com Inc), Agreement and Plan of Merger and Reorganization (Genesis Technology Group Inc), Agreement and Plan of Reorganization and Stock Purchase Agreement (Newagecities Com Inc)

Ownership of Capital Stock. The Shareholder Each of the Stockholders represents that he, she or it is the beneficial owner of record and beneficially of all of the shares of capital stock of the CompanyCompany reflected on Exhibit A hereto, all of which shares are free and clear of all rights, claims, liens and encumbrances, and have not been sold, pledged, assigned or otherwise transferred except pursuant to this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Infotec Business Systems Inc), Stock Purchase Agreement (Infotec Business Systems Inc)

Ownership of Capital Stock. The Shareholder is Shareholders are the beneficial owner of record and beneficially of all of the shares of capital stock of the Company, all of which shares are free and clear of all rights, claims, liens and encumbrances, and have not been sold, pledged, assigned or otherwise transferred except pursuant to this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Dragon International Group Corp.), Stock Purchase Agreement (Kirshner Entertainment & Technologies Inc)

Ownership of Capital Stock. The Shareholder is the beneficial owner owns, beneficially and of record and beneficially of all of the shares of capital stock of the Companyrecord, all of which shares are right, title and interest in and to the Shares, free and clear of all rightsany Restrictions and, claimson the Closing Date, liens and encumbrances, and have not been sold, pledged, assigned or otherwise transferred except pursuant to this Agreement.the delivery by the Shareholder of certificates in the manner set forth in

Appears in 1 contract

Samples: Stock Purchase Agreement (Fourth Shift Corp)

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Ownership of Capital Stock. The Shareholder is Shareholders are both the beneficial owner of record and beneficially of all beneficial owners of the shares of capital stock of Capital Stock. The Shareholders have and shall transfer at the CompanyClosing, all of which shares are good and marketable title to the Capital Stock, free and clear of all rightsliens, claims, liens and charges, encumbrances, and have not been soldpledges, pledgedmortgages, assigned security interests, options, rights to acquire, proxies, voting trusts or otherwise transferred except pursuant to this Agreementsimilar agreements, restrictions on transfer or adverse claims of any nature whatsoever, excepting only restrictions on future transfers imposed by applicable law.

Appears in 1 contract

Samples: Share Exchange Agreement (Pineapple Express, Inc.)

Ownership of Capital Stock. The Shareholder is the beneficial and record owner of record and beneficially of all of the shares of capital stock of the Company, all of which shares are free and clear of all rights, claims, liens and encumbrances, and have not been sold, pledged, assigned or otherwise transferred except pursuant to this AgreementSeller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Napco Security Systems Inc)

Ownership of Capital Stock. The Shareholder is Shareholders are the beneficial owner of record and beneficially of all of the shares of capital stock of the Company, all of which shares are free and clear of all rights, claims, liens and encumbrances, and have not been sold, pledged, assigned or otherwise transferred except pursuant to this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Newagecities Com Inc)

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