Representations and Warranties by Sellers. Each Seller jointly and severally represents, warrants and covenants as follows: (a) The Sellers have all right, title and interest in and to the Options, subject to no lien, encumbrance or right of any other party. (b) The execution, delivery and performance of this Agreement by the Sellers does not conflict with, or constitute a default under, any agreement or instrument to which any Seller is a party or is bound.
Appears in 5 contracts
Sources: Stock Option Purchase Agreement (Seibels Bruce Group Inc), Stock Option Purchase Agreement (High Ridge Capital LLC), Stock Option Purchase Agreement (High Ridge Capital LLC)
Representations and Warranties by Sellers. Each Seller jointly and severally represents, warrants and covenants as follows:
(a) The Sellers have all right, title and interest in and to the Optionsoptions, subject to no lien, encumbrance or right of any other party.
(b) The execution, delivery and performance of this Agreement by the Sellers does not conflict with, or constitute a default under, any agreement or instrument to which any Seller is a party or is bound.
Appears in 2 contracts
Sources: Stock Option Purchase Agreement (Seibels Bruce Group Inc), Stock Option Purchase Agreement (Powers Charles H)