Common use of Ownership of the Shares Clause in Contracts

Ownership of the Shares. The Seller is the record and beneficial owner of the Shares. The Seller holds the Shares free and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of another and has the absolute right to sell and transfer the Shares to the Buyer as provided in this Agreement without the consent of any other person or entity. Upon transfer of the Shares to Buyer hereunder, Buyer will acquire good and marketable title to the Shares free and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of another, other than applicable securities laws.

Appears in 7 contracts

Samples: Stock Purchase Agreement (Bespoke Tricycles Inc), Stock Purchase Agreement (Dinamo Corp), Stock Purchase Agreement (Language Arts Corp.)

AutoNDA by SimpleDocs

Ownership of the Shares. The (a) Seller is the sole record and beneficial owner of the Shares. The Seller holds has good title to all the Shares Shares, free and clear of all Liens (other than any lientransfer restrictions imposed by federal and state securities laws). Except for the Shares, pledgeSeller does not own of record or beneficially, encumbrance, charge, security interest, claim or have any interest in or right to acquire, any shares of another and has the absolute right to sell and transfer the Shares to the Buyer as provided in this Agreement without the consent of any other person or entity. Upon transfer capital stock of the Shares to Buyer hereunder, Buyer will acquire good and marketable title to the Shares free and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of another, other than applicable securities lawsCompany.

Appears in 2 contracts

Samples: Share Purchase Agreement (Magicjack Vocaltec LTD), Share Purchase Agreement (B. Riley FBR, Inc.)

Ownership of the Shares. The Seller is the record and beneficial owner of the Shares. The Seller holds the Shares free and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of another Encumbrances and has the absolute right to sell and transfer the Shares to the Buyer as provided in this Agreement without the consent of any other person or entity. Upon transfer of the Shares to Buyer hereunder, Buyer will acquire good and marketable title to the Shares free and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of anotherEncumbrance, other than applicable securities laws.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Global Quest Ltd.), Stock Purchase Agreement (Sirrus Corp.)

Ownership of the Shares. The Seller is the record and beneficial owner of the Shares. The Seller holds the Shares free and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of another Encumbrances and has the absolute right to sell and transfer the Shares to the Buyer Buyers as provided in this Agreement without the consent of any other person or entity. Upon transfer of the Shares to Buyer Buyers hereunder, Buyer Buyers will acquire good and marketable title to the Shares free and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of anotherEncumbrance, other than applicable securities laws.

Appears in 2 contracts

Samples: Asset and Stock Purchase Agreement, Stock Purchase Agreement

Ownership of the Shares. The Seller is Sellers are the record and beneficial owner of the Shares. The Seller holds Sellers hold the Shares free and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of another and has have the absolute right to sell and transfer the Shares to the Buyer as provided in this Agreement without the consent of any other person or entity. Upon transfer of the Shares to Buyer hereunder, Buyer will acquire good and marketable title to the Shares free and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of another, other than applicable securities laws.

Appears in 2 contracts

Samples: Stock Purchase Agreement (We Sell for U Corp.), Stock Purchase Agreement (Liquid Financial Engines, Inc.)

Ownership of the Shares. The Seller is the record and beneficial owner of the Shares. The Seller holds the Shares free and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of another Encumbrance and has the absolute right to sell and transfer the Shares to the Buyer as provided in this Agreement without the consent of any other person or entity. Upon transfer of the Shares to Buyer hereunder, Buyer will acquire good and marketable title to the Shares free and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of anotherEncumbrance, other than applicable securities laws.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Tiger Oil & Energy, Inc.), Stock Purchase Agreement (Kore Resources Inc.)

Ownership of the Shares. The Seller is the record and beneficial owner of the Shares. The Seller holds the Shares free and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of another and has the absolute right to sell and transfer the Shares to the Buyer as provided in this Agreement without the consent of any other person or entity. Upon transfer of the Shares to the Buyer hereunder, the Buyer will acquire good and marketable title to the Shares free and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of another, other than applicable securities laws.

Appears in 1 contract

Samples: Stock Purchase Agreement (Game Face Gaming, Inc.)

AutoNDA by SimpleDocs

Ownership of the Shares. The Seller is the sole record and beneficial owner of the Shares. The Seller holds owns the Shares free and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of another and has the absolute right to sell and transfer the Shares to the Buyer as provided in this Agreement without the consent of any other person or entity. Upon transfer of the Shares to Buyer hereunder, Buyer will acquire good and marketable title to the Shares free and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of another, other than applicable securities laws.

Appears in 1 contract

Samples: Share Purchase Agreement (Asia Media Communications LTD)

Ownership of the Shares. The Seller Sellers is the record and beneficial owner of the Shares. The Seller Sellers holds the Shares free and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of another Encumbrances and has the absolute right to sell and transfer the Shares to the Buyer as provided in this Agreement without the consent of any other person or entity. Upon transfer of the Shares to Buyer hereunder, Buyer will acquire good and marketable title to the Shares free and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of anotherEncumbrance, other than applicable securities laws.

Appears in 1 contract

Samples: Stock Purchase Agreement (Global Quest Ltd.)

Ownership of the Shares. The Seller is Sellers are the record and beneficial owner of the Shares. The Seller Sellers holds the Shares free and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of another Encumbrance and has the absolute right to sell and transfer the Shares to the Buyer as provided in this Agreement without the consent of any other person or entity. Upon transfer of the Shares to Buyer hereunder, Buyer will acquire good and marketable title to the Shares free and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of anotherEncumbrance, other than applicable securities laws.

Appears in 1 contract

Samples: Stock Purchase Agreement (Aureus Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.