Common use of Ownership and Transfer Clause in Contracts

Ownership and Transfer. The Seller has valid title to the Class B Shares, and will have valid title to the Shares prior to the Closing, in each case free and clear of all security interests, claims, liens, equities or other encumbrances (collectively, “Liens”). Upon transfer, assignment and delivery of the Shares and payment therefor in accordance with the terms of this Agreement, the Purchaser will acquire good and marketable title to the Shares, free and clear of any and all Liens.

Appears in 5 contracts

Samples: Share Purchase Agreement (Shanda Interactive Entertainment LTD), Share Purchase Agreement (Shanda Interactive Entertainment LTD), Share Purchase Agreement (Shanda Interactive Entertainment LTD)

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Ownership and Transfer. The Seller has valid title to the Class B Shares, and will have valid title to the Shares prior to the Closing, in each case free and clear of all security interests, claims, liens, equities or other encumbrances (collectively, “Liens”). Upon transfer, assignment and delivery of the Shares and payment therefor in accordance with the terms of this Agreement, the Purchaser will acquire good and marketable title to the Sharessuch shares, free and clear of any and all Liens.

Appears in 3 contracts

Samples: Share Purchase Agreement (Shanda Interactive Entertainment LTD), Share Purchase Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.), Share Purchase Agreement (Shi Yuzhu)

Ownership and Transfer. The Seller has valid title to the Class B Shares, and will have valid title to the Shares prior to the Closing, in each case free and clear of all security interests, claims, liens, equities or other encumbrances (collectively, “Liens”). Upon transfer, assignment and delivery of the Shares and payment therefor in accordance with the terms of this Agreement, the Purchaser will acquire good and marketable title to the Shares, free and clear of any and all Liens.

Appears in 3 contracts

Samples: Share Purchase Agreement (Gong Cuizhang), Share Purchase Agreement (Golden Heaven Group Holdings Ltd.), Share Purchase Agreement (Gong Cuizhang)

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Ownership and Transfer. The Seller has valid title to the Class B Shares, and will have valid title to the Shares prior to the Closing, in each case free and clear of all security interests, claims, liens, equities or other encumbrances (collectively, “Liens”). Upon transfer, assignment and delivery of the each Purchaser’s Purchase Shares and payment therefor in accordance with the terms of this Agreement, the such Purchaser will acquire good and marketable title to the such Shares, free and clear of any and all Liens.

Appears in 1 contract

Samples: Share Purchase Agreement (Shanda Interactive Entertainment LTD)

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