Common use of No Restricted Stock Clause in Contracts

No Restricted Stock. Except for transfer restrictions arising under applicable securities law, there are no transfer restrictions applicable to any of the Collateral unless fully and accurately described in an exhibit to this Pledge. Each instrument, certificate or other document evidencing any of the Collateral is genuine, is in all respects what is purports to be and is enforceable in accordance with its terms.

Appears in 1 contract

Samples: Stock Purchase and Note Assignment Agreement (U S Industrial Services Inc)

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