Common use of Representations by Seller Clause in Contracts

Representations by Seller. The Seller represents and warrants to the ------------------------- Company that Seller has the absolute and unrestricted right, power and authority to sell, transfer and assign the Repurchased Shares to the Company pursuant to this Agreement, free and clear of any liens, claims, pledges or other encumbrances. No consent, approval or authorization of or notice to any third party is necessary in connection with the sale, purchase or delivery of the Repurchased Shares.

Appears in 3 contracts

Sources: Stock Repurchase Agreement (Vertel Corp), Stock Repurchase Agreement (Vertel Corp), Stock Repurchase Agreement (Vertel Corp)