Common use of Personal Goodwill Clause in Contracts

Personal Goodwill. All of the Personal Goodwill is owned, and immediately prior to the Closing will be owned, by the Seller, free and clear of all liens, encumbrances, claims, options, security interests, calls and commitments of any kind. The Seller has full legal right, power and authority to enter into this Agreement and to sell, assign and transfer the Personal Goodwill to the Buyer and, on the Closing Date, the sale and assignment of the Personal Goodwill to the Buyer hereunder will transfer to the Buyer valid title thereto, free and clear of all liens, encumbrances, claims, options, security interests and commitments of any kind.

Personal Goodwill. All of the Personal Goodwill is owned, and immediately prior to the Closing will be owned, collectively by the SellerSellers, free and clear of all liens, encumbrances, claims, options, security interests, calls calls, and commitments of any kind. The Each Seller has full legal right, power power, and authority to enter into this Agreement and to sell, assign assign, and transfer his or her portion of the Personal Goodwill to the Buyer and, on the Closing Date, the sale and assignment of the Personal Goodwill to the Buyer hereunder will transfer to the Buyer valid title thereto, free and clear of all liens, encumbrances, claims, options, security interests interests, and commitments of any kind. The Personal Goodwill is all of the personal goodwill relating to the Business.