Ownership of Quotas Sample Clauses

Ownership of Quotas. The Seller is the lawful owner of the Quotas and the Quotas are free and clear from any and all Encumbrances.
Sample 1
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Ownership of Quotas. Seller owns the Quotas free and clear of any and all Liens.
Sample 1
Ownership of Quotas. Axxxxxx Xxxxx is the record and beneficial owner of the Axxxxxx Xxxxx Quotas, and has valid title to the Axxxxxx Xxxxx Quotas, free and clear of any and all liens, and there are no restrictions on her right to transfer the Axxxxxx Xxxxx Quotas to the Buyer pursuant to this Agreement. Ferretti is the record and beneficial owner of the Ferretti Quotas, and has valid title to the Ferretti Quotas, free and clear of any and all liens, and there are no restrictions on his right to transfer the Ferretti Quotas to the Buyer pursuant to this Agreement.
Sample 1
Ownership of Quotas. The Quotas are directly and beneficially owned by the Seller, free and clear of all Encumbrances. The Seller has good title to the Quotas and has the right, authority and power to sell, assign and transfer the Quotas to the Purchaser. Upon the consummation of the transactions contemplated hereby, the Purchaser will acquire good and valid title to the Quotas, free and clear of all Encumbrances, except for any Encumbrances created by the Purchaser.
Sample 1
Ownership of Quotas. Sellers shall be on Closing Date the lawful owners of the Quotas indicated in Section 1.1 hereof, all of which on the Closing Date shall be registered in the Sellers' name. 2.1.1. Sellers shall have on the Closing Date good title to the Quotas free and clear of all liens, encumbrances, restrictions and claims of every kind and there are and on Closing Date there shall be no judicial or administrative proceedings of any kind, either filed or, to the best of Sellers' knowledge, threatened to be filed, which would prevent the transfer of Quotas herein contemplated, except for as mentioned. 2.1.2. Sellers have full legal right, power and authority to enter into this Agreement and, after satisfaction of the conditions set forth in Section 4. shall have full legal right, power and authority to sell and transfer the Quotas so owned by them pursuant to this Agreement. 2.1.3. The assignment to Buyer of the Quotas pursuant to the provisions of this Agreement will transfer to Buyer valid title thereto, free and clear of all liens, encumbrances, restrictions and claims of every kind, except any liens, encumbrances, restrictions or claims which arise because of actions taken by, or the status of, Buyer.
Sample 1

Related to Ownership of Quotas

  • Ownership of Marks Each party acknowledges and agrees that (a) the other party's Marks are and shall remain the sole property of the other party, (b) nothing in the Agreement shall confer in a party any right of ownership or license rights in the other party's Marks, and (c) neither party shall register the other party's Marks in any jurisdiction. In addition, Licensee acknowledges and agrees that (i) the Marks of Third-Party Licensors are and shall remain the sole property of such Third- Party Licensors, (ii) nothing in the Agreement shall confer in Licensee any right of ownership or license rights in the Marks of Third-Party Licensors, and (iii) Licensee shall not register the Marks of Third-Party Licensors. Without limiting the generality of the foregoing, Licensee agrees not to use or adopt any trade name, trademark, logo or service mark which is so similar to Fannie Mae's Marks or the Marks of Third-Party Licensors as to be likely to cause deception or confusion, or which is graphically or phonetically similar to any of Fannie Mae's Marks or the Marks of Third-Party Licensors.

  • 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 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 THE ASSETS LNY will have exclusive and absolute ownership and control of its assets, including all assets in the Variable Account.

  • Ownership of Technology As between the Parties, each Party shall own and retain all right, title, and interest in and to any and all Inventions and Information that are conceived, discovered, developed, or otherwise made solely by or on behalf of such Party (or its Affiliates or Sublicensees) under or in connection with this Agreement, whether or not patented or patentable, and any and all Patents and other intellectual property rights with respect thereto.

  • Ownership of Cards Any card or other device which we supply to you is our property and must be returned to us, or to any person whom we authorize to act as our agent, or to any person who is authorized to honor the card, immediately according to instructions. The card may be repossessed at any time at our sole discretion without demand or notice. You cannot transfer your card or account to another person.

  • Ownership of Stock The Selling Shareholders own all of the issued and outstanding shares of capital stock of the Company, free and clear of all liens, claims, rights, charges, encumbrances, and security interests of whatsoever nature or type.

  • 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 Products It is understood and agreed that all products provided under this Agreement shall become the property of the County upon acceptance by the County.

  • Ownership of Trademarks Each Party acknowledges the ownership right of the other Party in the Marks of the other Party and agrees that all use of the other Party's Marks will inure to the benefit, and be on behalf, of the other Party. Each Party acknowledges that its utilization of the other Party's Marks will not create in it, nor will it represent it has, any right, title, or interest in or to such Marks other than the licenses expressly granted herein. Each Party agrees not to do anything contesting or impairing the trademark rights of the other Party.

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