Certain Warranties. Without limiting the generality or effect of any other term or condition of the Offer, upon full payment by Parent or Merger Sub for the Subject Shares tendered, the transfer by a Signatory Stockholder of such Signatory Stockholder's Subject Shares to Merger Sub in the Offer shall pass to and unconditionally vest in Merger Sub good and valid title to the Subject Shares, free and clear of all Encumbrances whatsoever.
Appears in 4 contracts
Samples: Stockholders Agreement (Softech Inc), Stockholders Agreement (Workgroup Technology Corp), Stockholders Agreement (Magnusson Johan)
Certain Warranties. Without limiting the generality or effect of any other term or condition of the Offer, upon full payment by Parent or Merger Sub for the Subject Shares tendered, the transfer by a Signatory the Stockholder of such Signatory Stockholder's Subject the Shares to Merger Sub in the Offer shall pass to and unconditionally vest in Merger Sub good and valid title to the Subject Shares, free and clear of all Encumbrances whatsoeverwhatsoever other than restrictions under applicable securities laws.
Appears in 2 contracts
Samples: Stockholder's Agreement (Excelon Corp), Stockholder's Agreement (Excelon Corp)
