Common use of Ownership of Subject Securities Clause in Contracts

Ownership of Subject Securities. (a) Seller is the sole record and beneficial owner of all of the Subject Securities, free and clear of all Liens (other than restrictions on transfer pursuant to applicable securities Laws or the applicable Governing Documents of the Company).

Appears in 3 contracts

Samples: Securities Purchase Agreement (Plains All American Pipeline Lp), Securities Purchase Agreement (Plains All American Pipeline Lp), Securities Purchase Agreement (Concho Resources Inc)

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Ownership of Subject Securities. (a) Seller is the sole record and beneficial owner of all of the Subject Securities, free and clear of all Liens Encumbrances (other than restrictions on transfer pursuant to applicable securities Laws or the applicable Governing Organizational Documents of the Company).

Appears in 2 contracts

Samples: Securities Purchase Agreement (WPX Energy, Inc.), Securities Purchase Agreement (WPX Energy, Inc.)

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