Legal and Beneficial Title to Shares; No Encumbrances Sample Clauses

Legal and Beneficial Title to Shares; No Encumbrances. As of the date hereof, Seller is the record owner of the Shares and has legal and beneficial title to the Shares, free and clear of any and all Encumbrances, other than in connection with the Eskimo Credit Facility, and, upon conveyance on the Closing Date of the certificate representing the Shares endorsed by Seller in favor of Buyer, Buyer will receive legal and beneficial title to the Shares, free and clear of any and all Encumbrances, other than in connection with the Eskimo Credit Facility.
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Legal and Beneficial Title to Shares; No Encumbrances. As of the date hereof, Seller is the record owner of the Shares and has legal and beneficial title to the Shares, free and clear of any and all Encumbrances, other than in connection with the Igloo Credit Facility, and, upon conveyance on the Closing Date of the certificate representing the Shares endorsed by Seller in favor of Buyer, Buyer will receive legal and beneficial title to the Shares, free and clear of any and all Encumbrances, other than in connection with the Igloo Credit Facility.
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Legal and Beneficial Title to Shares; No Encumbrances. As of the date hereof, Seller is the record owner of the Shares and has legal and beneficial title to the Shares, free and clear of any and all Encumbrances other than those arising under the Tundra Facility Documents, and, upon conveyance on the Closing Date of the certificate representing the Shares endorsed by Seller in favor of Buyer, Buyer will receive legal and beneficial title to the Shares, free and clear of any and all Encumbrances other than those arising under the Tundra Facility Documents.
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Legal and Beneficial Title to Shares; No Encumbrances. As of the date hereof, Golar Energy is the record owner of the Xxxxxxx Corp Shares and the registered owner of the Golar Singapore Shares and has legal and beneficial title to the Xxxxxxx Corp Shares and the Golar Singapore Shares, free and clear of any and all Encumbrances and, upon (i) conveyance on the Closing Date of the share certificates representing all of the issued and outstanding Xxxxxxx Corp Shares with a duly executed stock power and the Golar Singapore Shares with a duly executed shares transfer form and and upon the valid stamping of the shares transfer forms relating to the Golar Singapore Shares and (ii) the updating of the share registers of Xxxxxxx Corp and Golar Singapore, the Buyer will receive, legal title to the Xxxxxxx Corp Shares and the Golar Singapore Shares, free and clear of any and all Encumbrances. As of the date hereof, Golar is the record owner of the Gas Solutions Shares and has legal and beneficial title to the Gas Solutions Shares, free and clear of any and all Encumbrances and, upon (i) conveyance on the Closing Date of the share certificates representing all of the issued and outstanding Gas Solutions Shares with a duly executed stock power, and (ii) the updating of the share register of Gas Solutions, the Buyer will receive legal title to the Gas Solutions Shares, free and clear of any and all Encumbrances.
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Legal and Beneficial Title to Shares; No Encumbrances. As of the date hereof, Golar Energy is the record owner of the 2226 Corp Shares and has legal and beneficial title to the 2226 Corp Shares, free and clear of any and all Encumbrances and, upon
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Legal and Beneficial Title to Shares; No Encumbrances. As of the date hereof, Golar Energy is the record owner of the 2226 Corp Shares and has legal and beneficial title to the 2226 Corp Shares, free and clear of any and all Encumbrances and, upon (i) conveyance on the Closing Date of the share certificates representing all of the issued and outstanding 2226 Corp Shares with a duly executed stock power and (ii) the updating of the share register of 2226 Corp, the Buyer will receive, legal and beneficial title to the 2226 Corp Shares, free and clear of any and all Encumbrances. As of the date hereof, Chartering Ltd is the record owner of the 2226 Ltd Shares and has legal and beneficial title to the 2226 Ltd Shares, free and clear of any and all Encumbrances and upon (i) conveyance, (ii) valid stamping of the stock transfer form and (iii) the updating of the register of members in the company books of 2226 Ltd, the Buyer will receive legal and beneficial title to the 2226 Ltd Shares, free and clear of any and all Encumbrances.
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Related to Legal and Beneficial Title to Shares; No Encumbrances

  • Title to Interests Each Contributor owns its respective Interests free from all Liens. Except for this Agreement and the other Contribution Documents and the transactions contemplated hereby and thereby, there are no agreements, arrangements, options, warrants, calls, rights (including preemptive rights) or commitments of any character to which any Contributor is a party relating to the sale, purchase or redemption of any of such Contributor’s respective Interests. Upon delivery to the Purchaser on the Closing Date of each Contributor’s respective Interests as contemplated by this Agreement, such Contributor will thereby transfer to the Purchaser good and marketable title to such Interests, free and clear of all Liens.

  • Title to Purchased Shares The Purchased Shares are owned by the Vendors as the registered and beneficial owner thereof with good and marketable title, free and clear of all Encumbrances.

  • Title to Shares Such Selling Stockholder has good and valid title to the Shares to be sold at the Closing Date or the Additional Closing Date, as the case may be, by such Selling Stockholder hereunder, free and clear of all liens, encumbrances, equities or adverse claims; such Selling Stockholder will have, immediately prior to the Closing Date or the Additional Closing Date, as the case may be, good and valid title to the Shares to be sold at the Closing Date or the Additional Closing Date, as the case may be, by such Selling Stockholder, free and clear of all liens, encumbrances, equities or adverse claims; and, upon delivery of the certificates representing such Shares and payment therefor pursuant hereto, good and valid title to such Shares, free and clear of all liens, encumbrances, equities or adverse claims, will pass to the several Underwriters.

  • Title to Property and Encumbrances The Company has good and valid title to all properties and assets used in the conduct of its business (except for property held under valid and subsisting leases which are in full force and effect and which are not in default) free of all Liens except Permitted Liens and such ordinary and customary imperfections of title, restrictions and encumbrances as do not in the aggregate constitute a Company Material Adverse Effect.

  • Title to Units When certificates representing the securities comprising the Units shall have been duly delivered to the purchasers and payment shall have been made therefor, the several purchasers shall have good and marketable title to the Notes and Warrants and/or the Reserved Shares free and clear of all liens, encumbrances and claims whatsoever (with the exception of claims arising through the acts or omissions of the purchasers and except as arising from applicable Federal and state securities laws), and the Company shall have paid all taxes, if any, in respect of the original issuance thereof.

  • Title to Assets; No Encumbrances Each of the Loan Parties and its Subsidiaries has (a) good, sufficient and legal title to (in the case of fee interests in Real Property), (b) valid leasehold interests in (in the case of leasehold interests in real or personal property), and (c) good and marketable title to (in the case of all other personal property), all of their respective assets reflected in their most recent financial statements delivered pursuant to Section 5.1, in each case except for assets disposed of since the date of such financial statements to the extent permitted hereby. All of such assets are free and clear of Liens except for Permitted Liens.

  • Title to Trust Property Legal title to all the Owner Trust Estate shall be vested at all times in the Trust as a separate legal entity except where applicable law in any jurisdiction requires title to any part of the Owner Trust Estate to be vested in a trustee or trustees, in which case title shall be deemed to be vested in the Owner Trustee, a co-trustee and/or a separate trustee, as the case may be.

  • Transfer and Encumbrance The L-C shall also provide that Landlord may, at any time and without notice to Tenant and without first obtaining Tenant’s consent thereto, transfer (one or more times) all or any portion of its interest in and to the L-C to another party, person or entity, regardless of whether or not such transfer is from or as a part of the assignment by Landlord of its rights and interests in and to this Lease. In the event of a transfer of Landlord’s interest in under this Lease, Landlord shall transfer the L-C, in whole or in part, to the transferee and thereupon Landlord shall, without any further agreement between the parties, be released by Tenant from all liability therefor, and it is agreed that the provisions hereof shall apply to every transfer or assignment of the whole of said L-C to a new landlord. In connection with any such transfer of the L-C by Landlord, Tenant shall, at Tenant’s sole cost and expense, execute and submit to the Bank such applications, documents and instruments as may be necessary to effectuate such transfer and, Tenant shall be responsible for paying the Bank’s transfer and processing fees in connection therewith; provided that, Landlord shall have the right (in its sole discretion), but not the obligation, to pay such fees on behalf of Tenant, in which case Tenant shall reimburse Landlord within ten (10) days after Tenant’s receipt of an invoice from Landlord therefor.

  • Title to Assets; Encumbrances Seller owns good and transferable title to all of the Assets free and clear of any Encumbrances. Seller warrants to Buyer that, at the time of Closing, all Assets shall be free and clear of all encumbrances.

  • Real Property; Title to Assets (a) The Company does not own any real property.

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