Common use of Ownership of Seller's Shares Clause in Contracts

Ownership of Seller's Shares. Each Seller is the sole and exclusive record and beneficial owner of that number of the Sellers Shares as is set forth opposite his name in Section 1.1 of this Agreement. The Sellers possess good and merchantable title to the Sellers Shares, and own the Sellers Shares free and clear of any and all security interests, agreements, restrictions, claims, liens, pledges and encumbrances of any nature or kind. The Sellers have the absolute and unconditional right to sell, assign, transfer and deliver the Sellers Shares to the Purchaser in accordance with the terms of this Agreement.

Ownership of Seller's Shares. Each Seller is the sole and exclusive record and beneficial owner of that number of the Sellers Shares as is set forth opposite his name in Section 1.1 of this Agreement1,000 Shares. The Sellers possess and on the Closing Date shall possess good and merchantable title to the Sellers Shares, and own the Sellers Shares free and clear of any and all security interests, agreements, restrictions, claims, liens, pledges and encumbrances of any nature or kind. The Sellers have the absolute and unconditional right to sell, assign, transfer and deliver the Sellers Shares to the Purchaser in accordance with the terms of this Agreement.

Ownership of Seller's Shares. Each Seller is the sole and exclusive record and beneficial owner of that number all of the Sellers Shares as is set forth opposite his name in Section 1.1 issued and outstanding Common Stock of this Agreementthe Company. The Sellers possess Seller possesses good and merchantable title to the Sellers Seller's Shares, and own the Sellers owns Seller's Shares free and clear of any and all security interests, agreements, restrictions, claims, liens, pledges pledges, and encumbrances of any nature or kind. The Sellers have Seller has the absolute and unconditional right to sell, assign, transfer and deliver the Sellers Seller's Shares to the Purchaser in accordance with the terms of this Agreement.

Ownership of Seller's Shares. Each Seller is the sole and exclusive record and beneficial owner of that number all of the Sellers Shares as is set forth opposite his name in Section 1.1 issued and outstanding Common Stock of this Agreementthe Company. The Sellers possess Seller possesses good and merchantable title to the Sellers Seller's Shares, and own owns the Sellers Seller's Shares free and clear of any and all security interests, agreements, restrictions, claims, liens, pledges and encumbrances of any nature or kind. The Sellers have Seller has the absolute and unconditional right to sell, assign, transfer and deliver the Sellers Seller's Shares to the Purchaser in accordance with the terms of this Agreement.

Ownership of Seller's Shares. Each Seller is The Sellers are the sole and exclusive record and beneficial owner of that number owners of the Sellers Shares as is set forth opposite his name in Section 1.1 of this AgreementShares. The Sellers possess good and merchantable title to the Sellers Shares, and own the Sellers Shares free and clear of any and all security interests, agreements, restrictions, claims, liens, pledges and encumbrances of any nature or kindmanner whatsoever. The Sellers have the absolute and unconditional right to sell, assign, transfer transfer, convey, deliver and deliver set over the Sellers Shares to the Purchaser in accordance with the terms provisions of this Agreement.

Ownership of Seller's Shares. Each Seller is the sole and exclusive record and beneficial owner of that number of the Sellers Sellers’ Shares as is set forth opposite his or its name in Section 1.1 of this Agreement. The Sellers possess good and merchantable title to the Sellers Sellers’ Shares, and own the Sellers Sellers’ Shares free and clear of any and all security interests, agreements, restrictions, claims, liens, pledges and encumbrances of any nature or kind. The Sellers have the absolute and unconditional right to sell, assign, transfer and deliver the Sellers Sellers’ Shares to the Purchaser in accordance with the terms of this Agreement.