Common use of Contribution of the Stock Clause in Contracts

Contribution of the Stock. (i) At the Closing, Contributor shall contribute to Associated, and Associated shall accept the contribution from Contributor of, the Stock. (ii) At the Closing, Contributor shall deliver to Associated certificates representing the Stock, free and clear of all Liens, duly endorsed in blank for transfer or accompanied by duly executed stock powers assigning the Stock in blank.

Appears in 5 contracts

Samples: Stock Contribution Agreement (Teligent Inc), Stock Contribution Agreement (Cherrywood Holdings Inc), Stock Contribution Agreement (Associated Group Inc)

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