Common use of Ownership of Stock Clause in Contracts

Ownership of Stock. Seller is the sole record and beneficial owner of, and has good and marketable title to, the number of shares of Common Stock set opposite such Seller’s name on Schedule A. Seller owns such shares of Common Stock free and clear of any Liens and upon consummation of the transactions contemplated hereby the Purchaser purchasing such shares will acquire good and marketable title to such shares free and clear of all Liens, other than Liens created by such Purchaser.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Nyc Moda Inc), Stock Purchase Agreement (Lyons Liquors Inc.), Stock Purchase Agreement (Zenitech Corp)

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Ownership of Stock. The Seller is the sole record and beneficial owner of, and has good and marketable title to, of the number of shares of Common Stock capital stock of the Company set opposite such forth after the Seller’s name on Schedule A. Seller 1.1 hereto, and owns such shares of Common Stock free and clear of any Liens and upon consummation of the transactions contemplated hereby the Purchaser purchasing such shares will acquire good and marketable title to all such shares free and clear of any and all LiensLiens or any rights of first refusal, voting trusts, proxies or other than Liens created by arrangements or understandings, whether written or oral, and the Seller has the sole and exclusive right and power to exercise all voting rights and other rights with respect to such Purchasershares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Enernoc Inc)

Ownership of Stock. Seller is the sole record and beneficial owner of, and has good and marketable title to, to the number of shares of Common Stock set opposite Shares under such Seller’s name on Schedule A. name. Seller owns such shares of Common Stock free and clear of any Liens charges, pledges, options, mortgages, deeds of trust, hypothecations, security interests or other encumbrances or restrictions (collectively, “Liens”) and upon consummation of the transactions contemplated hereby the Purchaser purchasing such shares will acquire good and marketable title to such shares free and clear of all Liens, other than Liens created by such Purchaser.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (SICHUAN LEADERS PETROCHEMICAL Co)

Ownership of Stock. Such Seller is the sole record and beneficial owner of, and has good and marketable title to, holder of the number of shares of Target Common Stock set opposite and the Target Preferred Stock in the amounts shown next to such Seller’s name on Schedule A. Seller owns such shares of Common Stock free and clear of any Liens and upon consummation of the transactions contemplated hereby the Purchaser purchasing such shares will acquire good and marketable title to such shares A, free and clear of all LiensLiens (except for restrictions on the transferability of securities arising under applicable laws), other than Liens created by and except as set forth in Schedule 5.1, such PurchaserSeller is not a party to any contract, commitment or agreement relating to voting, purchase or sale of the Target’s capital stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Trustwave Holdings, Inc.)

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Ownership of Stock. Seller is the sole record and beneficial owner of, and has good and marketable title to, to the number of shares of Common Stock set opposite such Seller’s name on Schedule A. Shares. Seller owns such shares of Common Stock the Shares free and clear of any Liens and upon consummation of the transactions contemplated hereby the Purchaser purchasing such shares will acquire good and marketable title to such shares free and clear of all Liens, other than Liens created by such Purchaser.

Appears in 1 contract

Samples: Stock Purchase Agreement (W&E Source Corp.)

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