Common use of Ownership of Stock Clause in Contracts

Ownership of Stock. Seller is the lawful owners of the Stock to be sold to the Purchaser or its designees and shall be free and clear of all liens, encumbrances, restrictions and claims of every kind and character, other than any of the foregoing arising from actions by Purchaser (collectively, "Encumbrances") as of the Closing Date. The delivery to Purchaser of the Stock pursuant to the provisions of this Agreement will transfer to Purchaser valid title thereto, free and clear of any and all Encumbrances.

Ownership of Stock. Seller is the lawful owners of the Company Stock to be sold to the Purchaser or its designees and Purchaser, which Stock shall be free and clear of all liens, encumbrances, restrictions and claims of every kind and character, other than any of the foregoing arising from actions by Purchaser character (collectively, "Encumbrances") as of the Closing Date. The delivery to Purchaser of the Company Stock pursuant to the provisions of this Agreement will transfer to Purchaser valid title thereto, free and clear of any and all Encumbrances.

Ownership of Stock. Seller is the lawful owners owner of the Stock to be sold to the Purchaser or its designees and Shares, which shall be free and clear of all liens, encumbrances, restrictions and claims of every kind and character, other than any of the foregoing arising from actions by Purchaser (collectively, "Encumbrances") as of the Closing Date. The delivery to Purchaser Buyer of the Stock Seller's Shares pursuant to the provisions of this Agreement will transfer to Purchaser Buyer valid title thereto, free and clear of any and all Encumbrancesencumbrances.

Ownership of Stock. Seller is the lawful owners owner of all of the shares of Common Stock to be sold to the Purchaser or its designees and designees, which shall be free and clear of all liens, encumbrances, restrictions and claims of every kind and character, other than any of the foregoing arising from actions by Purchaser (collectively, "Encumbrances") as of the Closing Datereferenced below. The delivery to Purchaser of the Stock pursuant to the provisions of this Agreement will transfer to Purchaser valid title thereto, free and clear of any and all Encumbrances.

Ownership of Stock. The Seller is the lawful owners record and beneficial owner of the Stock to be sold to the Purchaser Purchasers or its designees and their designees, which shall be free and clear of all liens, encumbrances, restrictions and claims of every kind and character, other than any of the foregoing arising from actions by Purchaser (collectively, "Encumbrances") as of the Closing Date. The delivery to Purchaser the Purchasers of the Stock pursuant to the provisions of this Agreement will transfer to Purchaser the Purchasers valid title thereto, free and clear of any and all Encumbrancesencumbrances and free and clear of any and all of the terms and conditions of any pledge agreements and shall vest in the Purchasers the sole voting and economic rights to the Stock.

Ownership of Stock. The Seller is the lawful owners owner of the Stock to be sold to the Purchaser or its designees and shall be 100 shares of Stock, free and clear of all liens, encumbrances, restrictions and claims of every kind and character, other than any of the foregoing arising from actions by Purchaser (collectively, "Encumbrances") as of the Closing Datekind. The Seller has the full legal right, power and authority to enter into this Agreement and to sell, assign, transfer and convey the shares of Stock so owned by the Seller pursuant to this Agreement, and the delivery to Purchaser the Purchasers of the Stock pursuant to the provisions of this Agreement will transfer to Purchaser valid the Purchasers good title thereto, free and clear of any and all Encumbrances.

Ownership of Stock. Seller is Sellers are the lawful owners of the Stock ------------------ to be sold to the Purchaser Purchasers or its designees and their designees, which shall be free and clear of all liens, encumbrances, restrictions and claims of every kind and character, other than any of the foregoing arising from actions by Purchaser (collectively, "Encumbrances") as of the Closing Datereferenced below. The delivery to Purchaser of the Stock pursuant to the provisions of this Agreement will transfer to Purchaser valid title thereto, free and clear of any and all Encumbrances.

Ownership of Stock. Seller is Sellers are the lawful owners of the Stock to be sold to the Purchaser Purchasers or its designees and their designees, which shall be free and clear of all liens, encumbrances, restrictions and claims of every kind and character, other than any of the foregoing arising from actions by Purchaser (collectively, "Encumbrances") as of the Closing Datereferenced below. The delivery to Purchaser of the Stock pursuant to the provisions of this Agreement will transfer to Purchaser valid title thereto, free and clear of any and all Encumbrances.

Ownership of Stock. The Seller is the lawful owners owner of the Stock to be sold to the Purchaser or its designees and shall be ------------------- Stock, free and clear of all liens, encumbrances, restrictions and claims of every kind and character, other than any of the foregoing arising from actions by Purchaser (collectively, "Encumbrances") as of the Closing Datekind. The Seller has full legal right, power and authority to enter into this Agreement and to sell, assign, transfer and convey the Stock so owned by the Seller pursuant to this Agreement and the delivery to Purchaser of the Stock pursuant to the provisions of this Agreement will transfer to Purchaser valid good and marketable title thereto, free and clear of any all liens, encumbrances, restrictions and all Encumbrancesclaims of every kind.

Ownership of Stock. Except as set forth on Schedule 2.3 hereto, Seller is the lawful owners owner of the Stock to be sold to the Purchaser or its designees and shall be Stock, free and clear of all liens, encumbrances, restrictions and claims of every kind kind. Seller has the full legal right, power and characterauthority to sell, other than any assign, transfer and convey the Stock in accordance with the terms and subject to the conditions of the foregoing arising from actions by Purchaser (collectively, "Encumbrances") as of the Closing Datethis Agreement. The delivery to Purchaser of the Stock pursuant to the provisions of this Agreement will transfer to Purchaser valid title thereto, free and clear of any and all Encumbrancesadverse claims.