Ownership of Debenture. The Person in whose name this Debenture is registered shall for all the purposes of this Debenture be and be deemed to be the owner thereof and payment of or on account of the principal or the interest thereon shall be made, subject to any express provisions hereof to the contrary, only to or upon the order in writing of such Person.
Ownership of Debenture. The Seller owns the Debenture, free and clear of any lien (statutory or other), mortgage, pledge, hypothecation, assignment, deposit arrangement, encumbrance or preference, priority or security agreement or preferential arrangement of any kind or nature whatsoever (including, without limitation, the interest of a vendor or lessor under any conditional sale, capitalized lease or other title retention agreement) (collectively, "Liens"). The Seller is the record and beneficial owner of the Debenture. The Debenture to be sold by the Seller constitute all of the issued and outstanding Debenture of the Company and upon delivery of and payment by the Purchaser to the Seller of the Purchase Price in respect of the Debenture, Purchaser will acquire good and marketable title to the Debenture free and clear of all Liens.
Ownership of Debenture. Until this Debenture is transferred on the books of the Company, the Company may treat the person in whose name this Debenture is issued as the absolute owner hereof for all purposes, notwithstanding any notice to the contrary. A Debenture, if properly assigned, may be converted by a new Holder without first having a new Debenture issued.
Ownership of Debenture. Holder has good and marketable right, title and interest (legal and beneficial) in and to the Debenture, free and clear of all liens, pledges, security interests, charges, contractual obligations, claims or encumbrances of any kind. Upon payment of the Purchase Price in accordance with this Agreement, Holder will convey the Debenture to Purchaser free and clear of all liens, pledges, security interests, charges, contractual obligations, claims or encumbrances of any kind.
Ownership of Debenture. 50 38. Law.................................................................... 50 39. Jurisdiction........................................................... 51 40. Deed................................................................... 51
Ownership of Debenture. 37.1 This Debenture is and will remain the property of the Bank.
Ownership of Debenture. The Company shall treat the registered owner of this Debenture as the absolute owner thereof for all purposes, and the Company shall not be affected by any notice or knowledge to the contrary except where the Company is required to take notice by statute or by order of a court of competent jurisdiction. The issue by the Company of the Common Shares (and/or any other securities or assets pursuant to ARTICLE 4) upon the conversion of all or part of the Debenture by the Holder, shall discharge all responsibilities of the Company with respect to the portion of the Debenture so exercised and the Company shall not be bound to inquire into the title of the Holder except where the Company is required to take notice by statute or by order of a court of competent jurisdiction.
Ownership of Debenture. BST has good title to the Debenture, free and clear of any mortgage, pledge, lien, lease, encumbrance or charge of any nature whatsoever, subject to any liens, claims or encumbrances arising solely under the Debenture Documents. Assuming compliance with all requirements for transfer of the Debenture under the Debenture Documents, the delivery by BST of the Debenture endorsed for
Ownership of Debenture. (a) The Holder of this Debenture shall be deemed to be the owner thereof for all purposes and payment of or on account of the principal of the Debenture shall be made only to or upon the order in writing of the Holder thereof and such payment shall be a complete discharge to the Corporation for the amounts so paid.
Ownership of Debenture. The Holder owns the Debenture and all rights thereunder free and clear of any liens, encumbrances, pledges, options or other rights of any kind and description (except for liens, encumbrances, pledges, options and other rights and restrictions imposed by applicable securities laws, the terms of the Debenture and the other Transaction Documents (as defined in the Purchase Agreement)). Other than as contemplated by this Agreement, the Holder has not transferred or otherwise conveyed any interest in the Debenture.
