Good Title Conveyed. The stock certificates and stock powers, if any, executed and delivered by, or DWAC transfer in lieu of such stock certificates made by, Sellers at the Closing or at the Modified Closing, as the case may be, will be valid and binding obligations of Sellers, enforceable in accordance with their respective terms, and vest in each Buyer good, valid and marketable title to all Purchased Shares purchased by such Buyer, free and clear of any and all Liens.
Appears in 6 contracts
Samples: Purchase and Settlement Agreement (Rivernorth Capital Management, LLC), Purchase and Settlement Agreement (Tannenbaum Leonard M), Purchase and Settlement Agreement (Tannenbaum Leonard M)
Good Title Conveyed. The Any stock certificates and stock powers, if any, powers executed and delivered by, or DWAC transfer in lieu of such stock certificates made by, Sellers by Seller at the Closing or at the Modified Closing, as the case may be, will be valid and binding obligations of SellersSeller, enforceable in accordance with their respective terms, and and, together with the delivery of Purchased Shares through DWAC, will effectively vest in each Buyer the Company good, valid and marketable title to all Purchased Shares purchased by such BuyerShares, free and clear of any and all Liens.
Appears in 2 contracts
Samples: Purchase Agreement (P&f Industries Inc), Purchase Agreement (P&f Industries Inc)
Good Title Conveyed. The stock certificates and stock powers, if any, executed and delivered by, or DWAC transfer in lieu of such stock certificates made by, Sellers the Investor Group at the Closing or at the Modified Closing, as the case may be, will be valid and binding obligations of Sellersthe Investor Group, enforceable in accordance with their respective terms, and vest in each Buyer the Company good, valid and marketable title to all Purchased Shares purchased by such Buyerthe Company, free and clear of any and all Liens.
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Good Title Conveyed. The stock certificates and stock powers, if any, executed and delivered by, or DWAC transfer in lieu of such stock certificates made by, the Sellers at the Closing or at the Modified Closing, as the case may be, will be valid and binding obligations of Sellerssuch Seller, enforceable in accordance with their respective terms, and vest in each Buyer the Company good, valid and marketable title to all Purchased Shares purchased by such Buyerof the Seller, free and clear of any and all Liens.
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