Common use of Representations by the Canceling Party Clause in Contracts

Representations by the Canceling Party. (a) The Canceling Party owns the Subject Shares of record and beneficially free and clear of all liens, claims, charges, security interests, and/or encumbrances of any kind whatsoever. The Canceling Party has sole control over the Subject Shares and/or sole discretionary authority over any account in which they are held. Except for this Agreement, no person/entity has any option or right to purchase or otherwise acquire the Subject Shares, whether by contract of sale or otherwise, nor is there a “short position” as to the Subject Shares.

Appears in 8 contracts

Samples: Share Exchange/Merger Agreement (Bio-en Holdings Corp.), Cancellation Agreement (Alternative Energy & Environmental Solutions, Inc.), Cancellation Agreement (Alternative Energy & Environmental Solutions, Inc.)

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Representations by the Canceling Party. (a) The Canceling Party owns the Subject Shares Shares, of record and beneficially beneficially, free and clear of all liens, claims, charges, security interests, and/or and encumbrances of any kind whatsoever. The Canceling Party has sole control over the Subject Shares and/or or sole discretionary authority over any account in which they are held. Except for this Agreement, no person/entity person has any option or right to purchase or otherwise acquire the Subject Shares, whether by contract of sale or otherwise, nor is there a “short position” as to the Subject Shares.

Appears in 7 contracts

Samples: Cancellation Agreement (Ivt Software Inc), Cancellation Agreement (Ivt Software Inc), Cancellation Agreement (Ivt Software Inc)

Representations by the Canceling Party. (a) The Canceling Party owns the Subject Cancelled Shares of record and beneficially free and clear of all liens, claims, charges, security interests, and/or encumbrances of any kind whatsoever. The Canceling Party has sole control over the Subject Cancelled Shares and/or sole discretionary authority over any account in which they are held. Except for this Agreement, no person/entity has any option or right to purchase or otherwise acquire the Subject Cancelled Shares, whether by contract of sale or otherwise, nor is there a “short position” as to the Subject Cancelled Shares.

Appears in 1 contract

Samples: Cancellation and Transfer Agreement (TabacaleraYsidron, Inc.)

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Representations by the Canceling Party. (a) The Canceling Party owns the Subject Shares Shares, of record and beneficially beneficially, free and clear of all liens, claims, charges, security interests, and/or and encumbrances of any kind whatsoever. The Canceling Party has sole control over the Subject Shares and/or or sole discretionary authority over any account in which they are held. Except for this Agreement, no person/entity person has any option or right to purchase or otherwise acquire the Subject Shares, whether by contract of sale or otherwise, nor is there a "short position" as to the Subject Shares.

Appears in 1 contract

Samples: Cancellation Agreement (Asia Green Agriculture Corp)

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