Common use of Ownership of Purchased Shares Clause in Contracts

Ownership of Purchased Shares. The Vendors are the legal and beneficial owners of the Purchased Shares, free and clear of any and all Encumbrances. Each Vendor has the full right, power and authority to enter into this Agreement and to transfer, convey and sell the Purchased Shares to the Purchaser at Closing. Upon consummation of the transactions contemplated herein, the Purchaser shall acquire good and marketable title to the Purchased Shares, free and clear of any and all Encumbrances.

Ownership of Purchased Shares. The Vendors are Vendor owns and has good and marketable title to all of the Purchased Shares as the legal and beneficial owners of the Purchased Sharesowner thereof, free and clear of any and all Encumbrances. Each Vendor has the full right, power and authority to enter into this Agreement and to transfer, convey and sell the Purchased Shares to the Purchaser at Closing. Upon consummation of the transactions contemplated herein, the Purchaser shall acquire good and marketable title to the Purchased Shares, free and clear of any and all Encumbrances.

Ownership of Purchased Shares. The Vendors are the legal registered and beneficial owners of the Purchased SharesShares free of all liens, free charges, security interests, adverse claims, pledges and clear of any and all Encumbrances. Each Vendor has the full right, power and authority to enter into other encumbrances whatsoever (except as disclosed in this Agreement and to transfer, convey and sell the Purchased Shares to the Purchaser at Closing. Upon consummation of the transactions contemplated herein, the Purchaser shall acquire good and marketable title to the Purchased Shares, free and clear of any and all EncumbrancesAgreement).

Ownership of Purchased Shares. The Vendors Purchased Shares are legally and beneficially owned by the legal Vendor and beneficial owners of the Vendor has the exclusive right and full power and absolute authority to sell, assign and transfer the Purchased SharesShares and owns the Purchased Shares with good and marketable title, free and clear of any all mortgages, liens, charges, pledges, claims, security interests and all Encumbrances. Each Vendor has the full right, power and authority to enter into this Agreement and to transfer, convey and sell the Purchased Shares to the Purchaser at Closing. Upon consummation of the transactions contemplated herein, the Purchaser shall acquire good and marketable title to the Purchased Shares, free and clear of any and all Encumbrancesother encumbrances whatsoever.