Common use of Ownership of Equity Clause in Contracts

Ownership of Equity. Shareholders are the record owners and holders of the number of fully paid and non-assessable Shares of the Company listed in Schedule "A" hereto as of the date hereof and will continue to own such Shares of the Company until the delivery thereof to the Purchaser on the closing date and all such Shares are or will be on the closing date owned free and clear of all liens, encumbrances, charges and assessments of every nature and subject to no restrictions with respect to transferability. The Shareholders will have full power and authority to assign and transfer their Shares of the Company in accordance with the terms hereof.

Ownership of Equity. The Shareholders are the record owners and holders of the number of fully paid and non-assessable Shares of the Company listed in Schedule "A" hereto A as of the date hereof and will continue to own such Shares of the Company until the delivery thereof to the Purchaser on the closing date and all such the Shares are or will be on the closing date owned free and clear of all liens, encumbrances, charges and assessments of every nature and subject to no restrictions with respect to transferability. The Shareholders will have full power and authority to assign and transfer their the Shares of the Company in accordance with the terms hereof.

Ownership of Equity. Shareholders are the record owners and holders of the number of fully paid and non-assessable Shares of the Company listed in Schedule "A" hereto hereto, as of the date hereof and will continue to own such Shares of the Company until the delivery thereof to the Purchaser on the closing date and all such Shares are or will be on the closing date owned free and clear of all liens, encumbrances, charges and assessments of every nature and subject to no restrictions with respect to transferability. The Shareholders will have full power and authority to assign and transfer their Shares of the Company in accordance with the terms hereof.