Common use of Good Title to Shares Clause in Contracts

Good Title to Shares. Seller has, and on the Closing Date will have, valid title to the Shares to be sold by Seller and the legal right and power, and all authorization and approval required by law, to enter into this Agreement, and to sell, transfer, and deliver the Shares to be sold by Seller.

Appears in 3 contracts

Samples: Option Agreement (Euniverse Inc), Option Agreement (Marver James D), Option Agreement (Sony Music Entertainment Inc)

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Good Title to Shares. Seller The Selling Shareholder has, and on the -------------------- each Closing Date will have, valid title to the Shares to be sold by Seller the Selling Shareholder and the legal right and power, and all authorization and approval required by law, to enter into this Agreement, the Custody Agreement and the Power of Attorney and to sell, transfer, transfer and deliver the Shares to be sold by Sellerthe Selling Shareholder.

Appears in 1 contract

Samples: Underwriting Agreement (Peets Coffee & Tea Inc)

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Good Title to Shares. The Seller has, and on immediately prior to the Closing Date Date, the Seller will have, good and valid title to the Shares to be sold by the Seller hereunder, free and the legal right clear of all liens and power, encumbrances; and all authorization and approval required by law, to enter into this Agreement, and to sell, transfer, and deliver upon delivery of the Shares and payment therefor pursuant hereto, good and valid title to be sold by Sellerthe Shares, free and clear of all liens and encumbrances, will pass to the Buyer on the Closing Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Liao Duke)

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