Ownership of Debenture Sample Clauses

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.
AutoNDA by SimpleDocs
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. 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. 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. 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. 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.
AutoNDA by SimpleDocs
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. (b) The Holder for the time being of the Debenture shall be entitled to the principal evidenced by the Debenture, free from all equities or rights of set-off or counterclaim between the Corporation and the Holder thereof (except any equities of which the Corporation is required to take notice by law) and all Persons may act accordingly and a permitted transferee of the Debenture shall, after the Transfer Form is recorded by the Corporation and upon compliance with all other conditions contained in the Debenture or by law or by any policy of any regulatory body, be deemed to be owner of such Debenture free from all equities or rights of set-off or counterclaim between the Corporation and the transferor or any previous Holder thereof, save in respect of equities of which the Corporation is required to take notice by statute or by order of a court of competent jurisdiction. Delivery to the Holder by the Corporation or the receipt by the Holder of the principal monies and interest evidenced by the Debenture or the Common Shares issuable on the conversion of this Debenture, if any, shall be a good discharge to the Corporation of its obligations hereunder and the Corporation shall not be bound to enquire into the title of the Holder, save as ordered by a Court of competent jurisdiction or as required by statute.

Related to Ownership of Debenture

  • Ownership of Warrants The Corporation and the Warrant Agent may deem and treat the Registered Warrantholders as the absolute owner thereof for all purposes, and the Corporation and the Warrant Agent shall not be affected by any notice or knowledge to the contrary except where the Corporation or the Warrant Agent is required to take notice by statute or by order of a court of competent jurisdiction. The receipt of any such Registered Warrantholder of the Common Shares which may be acquired pursuant thereto shall be a good discharge to the Corporation and the Warrant Agent for the same and neither the Corporation nor the Warrant Agent shall be bound to inquire into the title of any such holder except where the Corporation or the Warrant Agent is required to take notice by statute or by order of a court of competent jurisdiction.

  • Ownership of Warrant The Company may deem and treat the person in whose name this Warrant is registered as the holder and owner hereof (notwithstanding any notations of ownership or writing hereon made by anyone other than the Company) for all purposes and shall not be affected by any notice to the contrary, until presentation of this Warrant for registration of transfer.

  • Ownership of Rights 6. 1. Licensed Material remains the property of either Licensor or the relevant third party and any rights not explicitly granted herein are expressly reserved.

  • Ownership of Securities The Trustee, any authenticating agent, any paying agent, any Security Registrar or any other agent of the Company or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons with the same rights it would have if it were not Trustee, authenticating agent, paying agent, Security Registrar or such other agent of the Company or of the Trustee.

  • Ownership of Shares The ownership of Shares shall be recorded on the books of the Trust or a transfer or similar agent for the Trust, which books shall be maintained separately for the Shares of each Series (and class). No certificates evidencing the ownership of Shares shall be issued except as the Board of Trustees may otherwise determine from time to time. The Trustees may make such rules as they consider appropriate for the transfer of Shares of each Series (and class) and similar matters. The record books of the Trust as kept by the Trust or any transfer or similar agent, as the case may be, shall be conclusive as to the identity of the Shareholders of each Series (and class) and as to the number of Shares of each Series (and class) held from time to time by each Shareholder.

  • Ownership of Developments All copyrights, patents, trade secrets, or other intellectual property rights associated with any ideas, concepts, techniques, inventions, processes, or works of authorship developed or created by Executive during the course of performing work for the Company or its clients (collectively, the "Work Product") shall belong exclusively to the Company and shall, to the extent possible, be considered a work made by the Executive for hire for the Company within the meaning of Title 17 of the United States Code. To the extent the Work Product may not be considered work made by the Executive for hire for the Company, the Executive agrees to assign, and automatically assign at the time of creation of the Work Product, without any requirement of further consideration, any right, title, or interest the Executive may have in such Work Product. Upon the request of the Company, the Executive shall take such further actions, including execution and delivery of instruments of conveyance, as may be appropriate to give full and proper effect to such assignment.

  • Ownership of Interests The Interest Owners are the owners of all of the Interests, each owning the percentage set forth in Item 2(a) of Schedule 1, and have good and valid title thereto, with no restrictions on, or any agreements with respect to, voting rights or any other incidents of ownership thereof, except as set forth in the Company’s Organizational Documents. The Interests represent one hundred percent (100%) of the record and beneficial interests in the Company and all other right, title and interest in and to the equity of the Company. The Interest Owners have the absolute right to sell and transfer all of the Interests to Buyer free and clear of all Interest Liens. Each Interest Owner acquired its Interest in compliance with all applicable laws. On consummation of the Contemplated Transactions, in accordance with the terms hereof, Buyer will acquire good and marketable title to the Interests free and clear of all Interest Liens.

  • Ownership of This Warrant The Company may deem and treat the person in whose name this Warrant is registered as the holder and owner hereof (notwithstanding any notations of ownership or writing hereon made by anyone other than the Company) for all purposes and shall not be affected by any notice to the contrary until presentation of this Warrant for registration of transfer as provided in this Section 4.

  • Ownership of Data All Data transmitted to the Operator pursuant to the Service Agreement is and will continue to be the property of and under the control of the LEA. The Operator further acknowledges and agrees that all copies of such Data transmitted to the Operator, including any modifications or additions or any portion thereof from any source, are subject to the provisions of this DPA in the same manner as the original Data. The Parties agree that as between them, all rights, including all intellectual property rights in and to Data contemplated per the Service Agreement shall remain the exclusive property of the LEA.

  • Ownership of the Shares Selling Shareholders own all of the Shares, free and clear of all liens, claims, rights, charges, encumbrances, and security interests of whatsoever nature or type.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!