Common use of SMC Note Clause in Contracts

SMC Note. Immediately prior to the execution and delivery of this Agreement, ACM was the sole owner and holder of the SMC Note and held beneficial and legal title to the SMC Note free and clear of any and all liens or other encumbrances.

Appears in 2 contracts

Sources: Share Transfer and Note Cancellation Agreement (ACM Research, Inc.), Share Transfer and Note Cancellation Agreement (ACM Research, Inc.)

SMC Note. Immediately prior to the execution and delivery of this Agreement, ACM was is the sole owner and holder of the SMC Note and held holds beneficial and legal title to the SMC Note free and clear of any and all liens or other encumbrances.

Appears in 1 contract

Sources: Share Transfer and Note Cancellation Agreement (ACM Research, Inc.)