Common use of No Encumbrances, Etc Clause in Contracts

No Encumbrances, Etc. The Stockholder is the owner of record of all right, title and interest (legal and beneficial), free and clear of all liens, in and to the Shares. Upon delivery of certificates representing the Shares to be sold by the Stockholder to the Company hereunder and payment therefor pursuant to this Agreement, good, valid and marketable title to such Shares, free and clear of all liens, encumbrances, equities, claims, liabilities or obligations, whether absolute, accrued, contingent or otherwise, will be transferred to the Company.

Appears in 3 contracts

Samples: Repurchase Agreement (Ab International Group Corp.), Stock Repurchase Agreement (Cti Inc /Tn), Stock Repurchase Agreement (Cti Inc /Tn)

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No Encumbrances, Etc. The Stockholder Shareholder is the owner of record of all right, title and interest (legal and beneficial), free and clear of all liens, in and to the Shares. Upon delivery of certificates representing the Shares to be sold by the Stockholder Shareholder to the Company hereunder and payment therefor pursuant to this Agreement, good, valid and marketable title to such Shares, free and clear of all liens, encumbrances, equities, claims, liabilities or obligations, whether absolute, accrued, contingent or otherwise, will be transferred to the Company.

Appears in 2 contracts

Samples: Share Repurchase Agreement (San Lotus Holding Inc), Share Repurchase Agreement (San Lotus Holding Inc)

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No Encumbrances, Etc. The Stockholder is the owner of record of all right, title and interest (legal and beneficial), free and clear of all liens, in and to the Shares. Upon delivery of certificates representing the Shares this Agreement and delivery to be sold by the Stockholder to of the Company hereunder and payment therefor pursuant to this AgreementPurchase Price, good, valid and marketable title to such the Shares, free and clear of all liens, encumbrances, equities, claims, liabilities or obligations, whether absolute, accrued, contingent or otherwise, will be transferred to the Company.

Appears in 1 contract

Samples: Stock Repurchase Agreement (Hometown International, Inc.)

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