Warranties of Party A and Party C Sample Clauses

Warranties of Party A and Party C. 3.1 Party A warrants that IMOT has legitimate listing status on the OTCBB and its common shares are in normal trading status. Party A further warrants that the shares to be issued to Party B or any other corporation or natural person designated by Party B are valid shares and Party A shall have the legal authority to carry out this share transfer.
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Warranties of Party A and Party C. 6.1.1 Party A's ownership of the equity is legal, it has full independent rights and interests and has a legal, effective and complete right to dispose of the equity, and is not subject to any compulsory measure taken by any authority such as seal-up, etc. If a third party claims for the subject equity, Party A shall be responsible for the settlement thereof.

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