Common use of Title to Stock Clause in Contracts

Title to Stock. Sellers is the sole record and beneficial owner of the Stock and has sole managerial and dispositive authority with respect to the Stock. Sellers has not granted any person a proxy with respect to the Stock that has not expired or been validly withdrawn. The sale and delivery of the Stock to Buyer pursuant to this Agreement will vest in Buyer legal and valid title to the Stock, free and clear of all liens, security interests, adverse claims or other encumbrances of any character whatsoever (“Encumbrances”) (other than Encumbrances created by Buyer and restrictions on resales of the Stock under applicable securities laws).

Appears in 1 contract

Samples: Stock Purchase Agreement (InfoSpi, Inc.)

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Title to Stock. Sellers Seller is the sole record and beneficial owner of the Stock Shares and has sole managerial and dispositive authority with respect to the StockShares. Sellers Seller has not granted any person a proxy with respect to the Stock Shares that has not expired or been validly withdrawn. The sale and delivery of the Stock Shares to Buyer pursuant to this Agreement will vest in Buyer legal and valid title to the StockShares, free and clear of all liens, security interests, adverse claims or other encumbrances of any character whatsoever (“Encumbrances”) (other than Encumbrances created by Buyer and restrictions on resales of the Stock Shares under applicable securities laws).

Appears in 1 contract

Samples: Sales and Purchase Agreement (Balincan International Inc.)

Title to Stock. Sellers The Seller is the sole record and beneficial owner of the Stock and has sole managerial and dispositive authority with respect to the Stock. Sellers Stock For Sale and has not granted any person a proxy with respect to the Stock that has not expired or been validly withdrawn. The sale and delivery of the Stock For Sale to the Buyer pursuant to this Agreement will vest in the Buyer the legal and valid title to the StockStock For Sale, free and clear of all liens, security interests, adverse claims or other encumbrances of any character whatsoever (“Encumbrances”) (other than Encumbrances created by the Buyer and restrictions on resales of the Stock For Sale under applicable securities laws).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (China Valves Technology, Inc)

Title to Stock. Sellers Seller is the sole record and beneficial owner of the Stock and has sole managerial and dispositive authority with respect to the Stock. Sellers Seller has not granted any and person a proxy with respect to the Stock that has not expired or been validly withdrawn. The sale and delivery of the Stock to Buyer pursuant to this Agreement will vest in Buyer legal and valid title to the Stock, free and clear of all liens, security interests, adverse claims or other encumbrances of any character whatsoever (the “Encumbrances”) (other than Encumbrances created by Buyer and restrictions on resales of the Stock under applicable securities laws).

Appears in 1 contract

Samples: Agreement for the Purchase of Common Stock (Megas Inc)

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Title to Stock. Sellers Seller is the sole record and beneficial owner of the Stock and has sole managerial and dispositive authority with respect to the Stock. Sellers Seller has not granted any and person a proxy with respect to the Stock that has not expired or been validly withdrawn. The sale and delivery of the Stock to Buyer pursuant to this Agreement will vest in Buyer legal and valid title to the Stock, free and clear of all liens, security interests, adverse claims or other encumbrances of any character whatsoever (“Encumbrances”) (other than Encumbrances created by Buyer and restrictions on resales of the Stock under applicable securities laws).

Appears in 1 contract

Samples: Agreement for the Purchase of Perferred Stock (Portage Resources Inc.)

Title to Stock. Sellers Seller is the sole record and beneficial owner of the Stock and has sole managerial and dispositive authority with respect to the Stock. Sellers Seller has not granted any and person a proxy with respect to the Stock that has not expired or been validly withdrawn. The sale and delivery of the Stock to Buyer pursuant to this Agreement will vest in Buyer legal and valid title to the Stock, free and clear of all liens, security interests, adverse claims or other encumbrances of any character whatsoever ("Encumbrances") (other than Encumbrances created by Buyer and restrictions on resales of the Stock under applicable securities laws).

Appears in 1 contract

Samples: Stock Purchase Agreement (Trans-Science Corp)

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