Common use of Good Title; No Liens Clause in Contracts

Good Title; No Liens. The Seller is the sole owner of, and has good, valid and marketable title to, the Shares, free and clear of any and all covenants, conditions, restrictions, voting trust arrangements, shareholder agreements, liens, pledges, charges, security interests, encumbrances, options and adverse claims or rights whatsoever (collectively, “Liens”). Upon consummation of the purchase contemplated hereby, the Company will acquire from the Seller good, valid and marketable title to the Shares, free and clear of all Liens.

Good Title; No Liens. The Seller is the sole owner of, and has good, valid and marketable title to, the SharesWarrant, free and clear of any and all covenants, conditions, restrictions, voting trust arrangements, shareholder agreements, liens, pledges, charges, security interests, encumbrances, options and adverse claims or rights whatsoever (collectively, “Liens”). Upon consummation of the purchase contemplated hereby, the Company Buyer will acquire from the Seller good, valid and marketable title to the SharesWarrant, free and clear of all Liens.

Good Title; No Liens. The Seller is the sole owner of, and has good, valid and marketable title to, the SharesWarrants, free and clear of any and all covenants, conditions, restrictions, voting trust arrangements, shareholder agreements, liens, pledges, charges, security interests, encumbrances, options and adverse claims or rights whatsoever (collectively, “Liens”). Upon consummation of the purchase contemplated hereby, the Company Buyer will acquire from the Seller good, valid and marketable title to the SharesWarrants, free and clear of all Liens.

Good Title; No Liens. The Seller is the sole owner of, and has good, valid and marketable title to, the SharesNote and the Warrant, free and clear of any and all covenants, conditions, restrictions, voting trust arrangements, shareholder agreements, liens, pledges, charges, security interests, encumbrances, options and adverse claims or rights whatsoever (collectively, “Liens”). Upon consummation of the purchase contemplated hereby, the Company will acquire from the Seller good, valid and marketable title to the SharesNote and the Warrant, free and clear of all Liens.