Common use of Obligations of the Vendor Clause in Contracts

Obligations of the Vendor. At or before Completion, the Vendor must: (a) deliver to the Purchaser a duly executed and completed transfer in favour of the Purchaser of the Shares in registrable form together with any certificate(s) or holding statements pertaining to the Shares (if any); (b) produce to the Purchaser any power of attorney or other authority under which the transfer of the Shares is executed; (c) deliver to the Purchaser duly executed instruments irrevocably waiving in favour of the Purchaser all rights of pre-emption which any person has in respect of the Shares; and (d) do all other things necessary or desirable to transfer the Shares and to complete any other transaction contemplated by this Agreement.

Appears in 5 contracts

Samples: Sale of Shares Agreement (Global Realty Development Corp), Sale of Shares Agreement (Global Realty Development Corp), Sale of Shares Agreement (Global Realty Development Corp)

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