The Sale Shares. 2.1 The Vendor is the registered and beneficial owner of 410,134,000 Shares representing 13.7% of the entire issued share capital of the Company.
The Sale Shares. (a) The Seller is the only legal and beneficial owner of the PUK Shares.
The Sale Shares. 2.1 The Sale Shares are all of the issued shares in the capital of the Company.
The Sale Shares. 2.1.1 The Seller is the owner of the Sale Shares, which represent approximately 4.56% of the issued share capital of the Company as at the date of this Agreement.
The Sale Shares. 1.1.1 The Sale Shares were validly created, issued and allotted.
The Sale Shares. It is the record and beneficial owner of, owns, and has good and marketable title to and the legal right and power to sell and deliver, the Sale Shares, free and clear of any Encumbrances. The Sale Shares owned by it are not subject to any put option, tag-along or co-sale right or any similar option or right. Such Sale Shares have been duly authorized, are validly issued, fully paid and non-assessable. It is not a party to any shareholder agreement, voting agreement, subscription agreement, or repurchase or redemption agreement with respect to the Sale Shares owned by it, or any other contract pertaining to the payment of dividends, preemptive rights, capital contributions, director nomination, drag-along, anti-dilution, registration rights, rights of first refusal or other transfer restrictions, or any other rights or obligations with respect to the Sale Shares owned by it.
The Sale Shares. 2.1.1 In accordance with the terms and subject to the conditions set out in this Agreement and in particular the Conditions Precedent, the Sellers hereby sell the Sale Shares to the Purchaser, and the Purchaser hereby purchases the Sale Shares from the Sellers, as follows:
The Sale Shares. (i) Each Seller is the sole and lawful owner of, and has full title to, the Frontline Shares respectively the Famatown Shares, that will be transferred free from any Encumbrance, and has the full right to sell the Frontline Shares respectively the Famatown Shares to the Purchaser.
The Sale Shares. 1.1 The shares, details of which are set out opposite “Issued share capital” in Part A of Schedule 1 being the shares to be sold and bought pursuant to clause 3.1 of this Agreement, constitute the entire issued and allotted share capital of the Company and are fully paid up.
The Sale Shares. 1.1 The Seller is the sole member of Ben Sxxxxxx Clothing and the sole legal and beneficial owner of the US Sale Shares.
