Common use of No Claim Regarding Stock Ownership or Sale Proceeds Clause in Contracts

No Claim Regarding Stock Ownership or Sale Proceeds. There must not have been made or threatened by any person any claim asserting that such person (a) is the holder or the beneficial owner of, or has the right to acquire or to obtain beneficial ownership of, any stock of, or any other voting, equity, or ownership interest in, the Company, or (b) is entitled to all or any portion of the Purchase Price payable for the Shares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Reynard Motorsport Inc)

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No Claim Regarding Stock Ownership or Sale Proceeds. There must not have been made or threatened by any person Person any claim asserting that such person Person (a) is the holder or the beneficial owner of, or has the right to acquire or to obtain beneficial ownership of, any stock of, or any other voting, equity, or ownership interest in, the Company, or (b) is entitled to all or any portion of the Purchase Price payable for the Shares.beneficial

Appears in 1 contract

Samples: Stock Purchase Agreement (Morton Industrial Group Inc)

No Claim Regarding Stock Ownership or Sale Proceeds. There must not have been made or threatened Threatened by any person Person any substantial, credible claim against Buyer or Sellers asserting that such person Person (a) is the holder or the beneficial owner of, or has the right to acquire or to obtain beneficial ownership of, of any stock of, or any other voting, equity, or ownership interest in, the CompanyShares, or (b) is entitled to all or any portion of the Purchase Price payable for the Shares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Phi Inc)

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No Claim Regarding Stock Ownership or Sale Proceeds. There must not have been made or threatened Threatened by any person Person any claim asserting that such person Person (a) is the holder or the beneficial owner of, or has the right to acquire or to obtain beneficial ownership of, any stock of, or any other voting, equity, or ownership interest in, of the CompanyShares, or (b) is entitled to all or any portion of the Purchase Price payable for the Shares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Gulf United Energy, Inc.)

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