Legal and Beneficial. Owner It will be the legal and beneficial owner of any securities it is required to deliver under this Agreement and any Transaction at the time of each delivery, free from all liens, charges, equities, rights of pre-emption or other security interests or encumbrances whatsoever, unless otherwise expressly provided in a Confirmation for a Transaction, and such securities will not constitute “restricted securities” or “control stock” under the Securities Act (as defined below).
Legal and Beneficial ownership The relevant Security Parties are, with effect from the date of each Security Document, legal and beneficial owners of all their assets and property which are the subject of the Security Documents save where the terms of a Security Document specifically provide otherwise or are otherwise the ultimate beneficial owners of all their assets and property.
Legal and Beneficial. OWNER It is the absolute legal and, where applicable, beneficial owner of all its assets subject to any Permitted Encumbrances and to any security granted under the Security Documents to which it is a party.
Legal and Beneficial. OWNER It is the absolute legal (subject to the Voting Trust Agreement in respect of the Parent and the Original Borrower any necessary registrations in the books of the entity whose shares are being charged or any other legal formalities referred to in the Legal Opinions which will be effected promptly after the date hereof) and, where applicable, beneficial owner of all its assets subject to any Permitted Encumbrances and to any security granted under the Security Documents to which it is a party.
Legal and Beneficial. OWNER It is the legal and, where applicable, beneficial owner of the assets subject to the Transaction Security.
Legal and Beneficial owner: subject to this Charge, the Charged Shares at the date of this Charge are legally and/or beneficially (as the case may be) owned by the Chargor, and any Charged Shares acquired by the Chargor after the date of this Charge shall (subject to this Charge) be legally and/or beneficially (as the case may be) owned by the Chargor, in each case free from any option, equity, trust, security, encumbrance or Lien; and
Legal and Beneficial. Owner Subject to (a) any Permitted Encumbrances, (b) any security granted under the Security Documents to which it is a party and (c) any disclosures in the Disclosure Letter, it is the absolute legal and, where applicable, beneficial owner of all its material assets, which are subject to any such Security and/or are employed in and necessary for the operation of its business in accordance with the Business Plan.
