Common use of Restrictions on Stock Clause in Contracts

Restrictions on Stock. The Seller is not a party to any agreements that create rights or obligations in the Stock relating to any third party including voting or stockholder agreements. The Seller is the lawful owner of the Stock, free and clear of any encumbrances, security interests or liens of any kind and has full power and authority to sell and transfer the Stock as contemplated in this Agreement.

Restrictions on Stock. The Seller is not a party to any agreements that create agreement, written or oral, creating rights in respect to the Corporation's Stock in any third person or obligations in the Stock relating to any third party including the voting or stockholder agreementsof the Corporation's Stock. The Seller is the lawful owner of the Stock. There are no existing warrants, free and clear options, stock purchase agreements, redemption agreements, restrictions of any encumbrancesnature, security interests calls or liens rights to subscribe of any kind character relating to the stock, nor are there any securities convertible into such stock. The stock issued is in accordance with existing rules and has full power regulation and authority exemptions to sell and transfer the Stock as contemplated in this AgreementS.E.C. rules.

Restrictions on Stock. The Seller is not a party to any agreements that create rights or obligations in the Stock relating to any third third-party including voting or stockholder agreements. The Seller is the lawful owner of the Stock, free and clear of any encumbrances, security interests or liens of any kind and has full power and authority to sell and transfer the Stock as contemplated in this Agreement.

Restrictions on Stock. The Seller is not a party to any agreements that create agreement, written, or oral, creating rights in respect to the Corporation's Stock in any third person or obligations in the Stock relating to any third party including the voting or stockholder agreementsof the Corporation's Stock. The Seller is the lawful owner of the Stock. There are no existing warrants, free and clear options, stock purchase agreements, redemption agreements, restrictions of any encumbrancesnature, security interests calls or liens rights to subscribe of any kind character relating to the stock, nor are there any securities convertible into such stock. The stock issued is in accordance with existing rules and has full power regulation and authority exemptions to sell and transfer the Stock as contemplated in this AgreementS.E.C. rules.

Restrictions on Stock. The Seller Sellers is not a party to any agreements that create rights or obligations in the Stock relating to any third party including voting or stockholder agreements. The Seller Sellers is the lawful owner of the Stock, free and clear of any encumbrances, security interests or liens of any kind and has full power and authority to sell and transfer the Stock as contemplated in this Agreement. The Stock represents all of the issued and outstanding shares of capital stock of the Company.

Restrictions on Stock. The Seller is not a party to any agreements that create agreement, written or oral, creating rights in respect to the Corporation's Stock in any third person or obligations in the Stock relating to any third party including the voting or stockholder agreementsof the Corporation's Stock. The Seller is the lawful owner Issuer of the Stock, free and clear of any encumbrancesall security interests, security interests or liens liens, encumbrances (other than those created by Section 144 of any kind the Securities Act of 1933), equities and has full power and authority to sell and transfer the Stock as contemplated in this Agreementother charges.

Restrictions on Stock. The Seller seller is not a party to any agreements that create rights or obligations in the Stock relating to any third party including voting or stockholder agreements. The Seller is the lawful owner of the Stock, free and clear of any encumbrances, security interests or liens of any kind and has full power and authority to sell and transfer the Stock stock as contemplated in this Agreement.

Restrictions on Stock. The Seller is not a party to any agreements that create rights or obligations in the Stock relating to any third third-party including voting or stockholder agreements. The Seller is the lawful owner of the Stockmembership, free and clear of any encumbrances, security interests or liens of any kind and has full power and authority to sell and transfer the Stock cooperative membership as contemplated in this Agreement.