Common use of Ownership and Transfer of Shares Clause in Contracts

Ownership and Transfer of Shares. Such Selling Shareholder is the record and beneficial owner of the Purchased Shares of such Selling Shareholder, free and clear of all Liens. Such Selling Shareholder has the power to sell, transfer, assign and deliver its Purchased Shares as provided in this Agreement, and such delivery will convey to the Purchaser good and marketable title to such Shares, free and clear of all Liens. Each Purchased Share of such Selling Shareholder is duly authorized, validly issued, fully paid and non-assessable.

Appears in 2 contracts

Samples: Share Purchase Agreement (Luokung Technology Corp.), Share Purchase Agreement (Momo Inc.)

AutoNDA by SimpleDocs

Ownership and Transfer of Shares. Such Selling The Shareholder is the record and beneficial owner of all of the Purchased Shares of such Selling ShareholderShares, free and clear of any and all Liens. Such Selling The Shareholder has the requisite power and authority to sell, transfer, assign and deliver its Purchased such Shares as provided in this Agreement, and such delivery will convey to the Purchaser good and marketable title to such Shares, free and clear of any and all Liens. Each Purchased Share of such Selling Shareholder is duly authorized, validly issued, fully paid and non-assessable.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Nova Lifestyle, Inc.), Stock Purchase Agreement (Omega Protein Corp)

AutoNDA by SimpleDocs

Ownership and Transfer of Shares. Such Selling Shareholder is the record and beneficial owner of that portion of the Purchased Shares of indicated as being owned by such Selling ShareholderShareholder on Annex A, ------- free and clear of any and all Liens. Such Selling Shareholder has the power and authority to sell, transfer, assign and deliver its Purchased such Shares as provided in this Agreement, and such delivery will convey to the Purchaser CPI good and marketable title to such Shares, free and clear of any and all Liens. Each Purchased Share of such Selling Shareholder is duly authorized, validly issued, fully paid and non-assessable.

Appears in 1 contract

Samples: Agreement and Plan of Share (Caring Products International Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.