Common use of Nature of Shares Delivered Clause in Contracts

Nature of Shares Delivered. Any shares of Common Stock or Alternative Termination Delivery Units delivered to the Seller pursuant to this Confirmation, when delivered, shall have been duly authorized and shall be duly and validly issued, fully paid and nonassessable and free of preemptive or similar rights, and such delivery shall pass title thereto free and clear of any liens or encumbrances.

Appears in 22 contracts

Samples: Letter Agreement (Parexel International Corp), Letter Agreement (Parexel International Corp), Letter Agreement (Parexel International Corp)

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Nature of Shares Delivered. Any shares of Common Stock or Alternative Termination Delivery Units delivered by the Purchaser to the Seller pursuant to this Confirmation, when delivered, shall have been duly authorized and shall be duly and validly issued, fully paid and nonassessable and free of preemptive or similar rights, and such delivery shall pass title thereto free and clear of any liens or encumbrances.

Appears in 1 contract

Samples: Afc Enterprises Inc

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Nature of Shares Delivered. Any shares of Common Stock or Alternative Termination Delivery Units delivered to the Seller pursuant to this ConfirmationAgreement, when delivered, shall have been duly authorized and shall be duly and validly issued, fully paid and nonassessable and free of preemptive or similar rights, and such delivery shall pass title thereto free and clear of any liens or encumbrances.. (d)

Appears in 1 contract

Samples: Ultramar Diamond Shamrock Corp

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