Common use of Good Title Conveyed Clause in Contracts

Good Title Conveyed. The stock certificates, stock powers, endorsements, assignments and other instruments being executed and delivered by the Purchaser to the Selling Stockholder at the Closing will be valid and binding obligations of the Purchaser, enforceable in accordance with their respective terms, and will effectively vest in the Selling Stockholder good, valid and marketable title to all the Consideration to be transferred to the Selling Stockholder pursuant to and as contemplated by this Agreement free and clear of all Encumbrances, except restrictions on transfer imposed by the Securities Act and state securities laws.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Bion Environmental Technologies Inc), Stock Purchase Agreement (Centerpoint Corp), Stock Purchase Agreement (Trident Rowan Group Inc)

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Good Title Conveyed. The stock certificates, stock powers, endorsements, assignments assignments, and other instruments being executed and delivered by the Purchaser Selling Stockholder to the Selling Stockholder Purchaser at the Closing will be valid and binding obligations of the PurchaserSelling Stockholder, enforceable in accordance with their respective terms, and will effectively vest in the Selling Stockholder Purchaser good, valid and marketable title to all the Consideration to be transferred to the Selling Stockholder Shares pursuant to and as contemplated by this Agreement free and clear of all Encumbrances, except restrictions on transfer imposed by the Securities Act of 1933, as amended (the "Securities Act"), and state securities laws.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Centerpoint Corp), Stock Purchase Agreement (Trident Rowan Group Inc), Stock Purchase Agreement (Moto Guzzi Corp /De/)

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Good Title Conveyed. The stock certificates, stock powers, endorsements, assignments and other instruments being executed and delivered by the Purchaser Selling Stockholder to the Selling Stockholder Purchaser at the Closing will be valid and binding obligations of the PurchaserSelling Stockholder, enforceable in accordance with their respective terms, and will effectively vest in the Selling Stockholder Purchaser good, valid and marketable title to all the Consideration Shares to be transferred to the Selling Stockholder Purchaser pursuant to and as contemplated by this Agreement free and clear of all Encumbrances, except restrictions on transfer imposed by the Securities Act of 1933 (the "Securities Act") and state securities laws.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mafco Holdings Inc)

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