Common use of Title to Contributed Shares Clause in Contracts

Title to Contributed Shares. Each Contributing Stockholder owns (and as of immediately prior to the Effective Time will own) the Contributed Shares set forth opposite such Contributing Stockholder’s name on Exhibit A hereto, free and clear of any liens, claims, encumbrances and restrictions of any kind whatsoever which reasonably could prevent or delay the contribution of the Contributed Shares upon the terms and subject to the conditions in this Agreement.

Appears in 2 contracts

Samples: Contribution Agreement (Bidz.com, Inc.), Contribution Agreement (Bidz.com, Inc.)

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Title to Contributed Shares. Each Contributing Stockholder owns (and as of immediately prior to the Effective Time will own) the Contributed Shares set forth opposite such Contributing Stockholder’s name on Exhibit A hereto, free and clear of any liens, claims, encumbrances and restrictions of any kind whatsoever which reasonably could prevent or delay the contribution of the Contributed Shares upon the terms and subject to the conditions in this Amended and Restated Agreement.

Appears in 2 contracts

Samples: Contribution Agreement (Bidz.com, Inc.), Contribution Agreement (Bidz.com, Inc.)

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Title to Contributed Shares. Each The Contributing Stockholder owns (and as of immediately prior to the Effective Time will own) the Contributed Shares set forth opposite such Contributing Stockholder’s name on Exhibit A hereto, free and clear of any liens, claims, encumbrances and restrictions of any kind whatsoever which reasonably could prevent or delay the contribution of the Contributed Shares upon the terms and subject to the conditions in this Agreementwhatsoever.

Appears in 1 contract

Samples: Contribution Agreement (Optel Capital, LLC)

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