Common use of Ownership of the Company Shares Clause in Contracts

Ownership of the Company Shares. The Shareholder holds good and valid title to all of the Company Shares, free and clear of all Encumbrances. The Shareholder possesses full authority and legal right to sell, transfer and assign to Buyer the Company Shares, free and clear of all Encumbrances. Upon transfer to Buyer by the Shareholder of the Company Shares, Buyer will own the Company Shares free and clear of all Encumbrances. There are no claims pending or, to the knowledge of the Shareholder, threatened, against the Company or any of the Shareholder that concern or affect title to the Company Shares, or that seek to compel the issuance of capital stock or other securities of the Company.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Key Energy Group Inc), Stock Purchase Agreement (Key Energy Group Inc)

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Ownership of the Company Shares. The Shareholder holds Shareholders hold good and valid title to all of the Company Shares, free and clear of all Encumbrances. The Shareholder possesses Shareholders possess full authority and legal right to sell, transfer and assign to Buyer the Company SharesShares to Buyer, free and clear of all Encumbrances. Upon transfer to Buyer by the Shareholder Shareholders of the Company Shares, Buyer will own the Company Shares free and clear of all Encumbrances. There are no claims pending or, to the knowledge of either of the ShareholderShareholders, threatened, against the Company or any either of the Shareholder Shareholders that concern or affect title to the Company Shares, or that seek to compel the issuance of capital stock or other securities of the Company.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Key Energy Group Inc), Stock Purchase Agreement (Key Energy Group Inc)

Ownership of the Company Shares. The Shareholder holds Shareholders hold good and valid title to all of the Company Shares, free and clear of all Encumbrances. The Shareholder possesses Shareholders possess full authority and legal right to sell, transfer and assign to Buyer the Company Shares, free and clear of all Encumbrances. Upon transfer to Buyer by the Shareholder Shareholders of the Company Shares, Buyer will own the Company Shares free and clear of all Encumbrances. There are no claims pending or, to the knowledge of any of the ShareholderShareholders, threatened, against the Company or any of the Shareholder Shareholders that concern or affect title to the Company Shares, or that seek to compel the issuance of capital stock or other securities of either the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Key Energy Group Inc)

Ownership of the Company Shares. The Shareholder holds Shareholders hold good and valid title to all of the Company Shares, free and clear of all Encumbrances. The Shareholder possesses Shareholders possess full authority and legal right to sell, transfer and assign to Buyer the Company Shares, free and clear of all Encumbrances. Upon transfer to Buyer by the Shareholder Shareholders of the Company Shares, Buyer will own the Company Shares free and clear of all Encumbrances. There are no claims pending or, to the knowledge of any of the ShareholderShareholders, threatened, against the Company or any of the Shareholder Shareholders that concern or affect title to the Company Shares, or that seek to compel the issuance of capital stock or other securities of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Key Energy Group Inc)

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Ownership of the Company Shares. The Shareholder holds Shareholders hold good and valid title to all of the Company Shares, free and clear of all Encumbrances. The Shareholder possesses Shareholders possess full authority and legal right to sell, transfer and assign to Buyer the Company SharesShares to Buyer, free and clear of all Encumbrances. Upon transfer to Buyer by the Shareholder Shareholders of the Company Shares, Buyer will own the Company Shares free and clear of all Encumbrances. There are no claims pending or, to the knowledge of any of the ShareholderShareholders, threatened, against the Company or any of the Shareholder Shareholders that concern or affect title to the Company Shares, or that seek to compel the issuance of capital stock or other securities of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Key Energy Group Inc)

Ownership of the Company Shares. The Shareholder holds good and valid title to all of the Company Shares, free and clear of all Encumbrances. The Shareholder possesses full authority and legal right to sell, transfer and assign to Buyer the Company Shares, free and clear of all Encumbrances. Upon transfer to Buyer by the Shareholder of the Company Shares, Buyer will own the Company Shares free and clear of all Encumbrances. There are no claims pending or, to the knowledge of the Shareholder, threatened, against the Company or any of the Shareholder that concern or affect title to the Company Shares, or that seek to compel the issuance of capital stock or other securities of either the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Key Energy Group Inc)

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