Common use of Ownership of Stock Clause in Contracts

Ownership of Stock. The Shares are owned by Seller free and clear of all Encumbrances, other than restrictions imposed by Federal and state securities laws. All of the issued and outstanding shares of the stock of each of the Insurance Subsidiaries is owned by the Company free and clear of all Encumbrances other than restrictions imposed by Federal and state securities laws. Upon the consummation of the transactions contemplated hereby, Purchaser will acquire title to the Shares, free and clear of all Encumbrances, other than restrictions imposed by Federal and state securities laws.

Ownership of Stock. The Shares are owned by Seller the Selling Shareholder free and clear of all Encumbrances, other than restrictions imposed by Federal and state securities laws. All of the issued and outstanding shares of the stock of each of the Insurance Subsidiaries is owned by the Company free and clear of all Encumbrances other than restrictions imposed by Federal federal and state securities laws. Upon the consummation of the transactions contemplated hereby, the Purchaser will acquire title to the Shares, free and clear of all Encumbrances, other than restrictions imposed by Federal federal and state securities laws.

Ownership of Stock. The Shares Securities are owned by Seller free and clear of all EncumbrancesSellers (as more specifically set forth in Exhibit A hereto), other than restrictions imposed by Federal and state securities laws. All of the issued and outstanding shares of the stock of each of the Insurance Subsidiaries is owned by the Company free and clear of all Encumbrances of any kind whatsoever, other than the restrictions imposed by Federal federal and state securities laws. Upon the consummation of the transactions contemplated hereby, Purchaser Buyer will acquire title to the SharesSecurities (other than the shares of Preferred Stock, which will be redeemed by the Company), free and clear of all EncumbrancesEncumbrances of any kind whatsoever, other than the restrictions imposed by Federal federal and state securities laws.

Ownership of Stock. The Shares are owned by Seller free and clear of all Encumbrances, other than restrictions imposed by Federal and state securities laws. All of the issued and outstanding shares of the stock of each of the Insurance Subsidiaries is owned by the Company free and clear of all Encumbrances other than restrictions imposed by Federal and state securities laws. Upon the consummation of the transactions contemplated hereby, Purchaser will acquire from Seller valid and marketable title to the Shares, free and clear of all Encumbrances, other than any restrictions imposed by Federal and state securities laws.

Ownership of Stock. The Shares are owned by Seller free and clear of all Encumbrances, other than restrictions imposed by Federal and state securities laws. All of the issued and outstanding shares of the stock of each of the Insurance Subsidiaries is owned by the Company free and clear of all Encumbrances other than restrictions imposed by Federal federal and state securities laws. Upon the consummation of the transactions contemplated hereby, Purchaser will acquire title to the Shares, free and clear of all Encumbrances, other than restrictions imposed by Federal federal and state securities laws.;

Ownership of Stock. The Shares are owned by Seller free and clear of all Encumbrances, other than restrictions imposed by Federal and state securities laws. All of the issued and outstanding shares of the stock of each of the Insurance Subsidiaries is owned by the Company free and clear of all Encumbrances other than restrictions imposed by Federal and state securities laws. Upon the consummation of the transactions contemplated hereby, Purchaser will acquire title to the Shares, free and clear of all Encumbrances, other than restrictions imposed by Federal and state securities laws.