Common use of Ownership of the Company Shares Clause in Contracts

Ownership of the Company Shares. The Shareholders hold good and valid title to all of the Company Shares, free and clear of all Encumbrances. The Shareholders possess full authority and legal right to sell, transfer and assign the Company Shares to Buyer, free and clear of all Encumbrances. Upon transfer to Buyer by the Shareholders of the Company Shares, Buyer will own the Company Shares free and clear of all Encumbrances. There are no claims pending or, to the knowledge of either of the Shareholders, threatened, against the Company or either of the Shareholders that concern or affect title to the Company Shares, or that seek to compel the issuance of capital stock or other securities of the Company.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Key Energy Group Inc), Stock Purchase Agreement (Key Energy Group Inc)

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Ownership of the Company Shares. The Shareholders hold Shareholder holds good and valid title to all of the Company Shares, free and clear of all Encumbrances. The Shareholders possess Shareholder possesses full authority and legal right to sell, transfer and assign to Buyer the Company Shares to BuyerShares, free and clear of all Encumbrances. Upon transfer to Buyer by the Shareholders Shareholder of the Company Shares, Buyer will own the Company Shares free and clear of all Encumbrances. There are no claims pending or, to the knowledge of either of the ShareholdersShareholder, threatened, against the Company or either any of the Shareholders Shareholder that concern or affect title to the Company Shares, or that seek to compel the issuance of capital stock or other securities of the Company.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Key Energy Group Inc), Stock Purchase Agreement (Key Energy Group Inc)

Ownership of the Company Shares. The Shareholders hold good and valid title to all of the Company SharesShares set forth opposite their names on Schedule 1.1.2, free and clear of all Encumbrances. The Shareholders possess full authority and legal right to sell, transfer and assign the Company Shares to Buyer, free and clear of all Encumbrances. Upon transfer to Buyer by the Shareholders of the Company Shares, Buyer will own the Company Shares free and clear of all Encumbrances. There are no claims pending or, to the knowledge of either any of the Shareholders, threatened, against the Company or either any of the Shareholders that concern or affect title to the Company Shares, or that seek to compel the issuance of capital stock or other securities of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Key Energy Group Inc)

Ownership of the Company Shares. The Shareholders hold good and valid title to all of the Company SharesShares set forth opposite their names on Schedule 1.1(b) hereto, free and clear of all Encumbrances. The Shareholders possess full authority and legal right to sell, transfer and assign the Company Shares to Buyer, free and clear of all Encumbrances. Upon transfer to Buyer by the Shareholders of the Company Shares, Buyer will own the Company Shares free and clear of all Encumbrances. There are no claims pending or, to the knowledge of either any of the Shareholders, threatened, against the Company or either any of the Shareholders that concern or affect title to the Company Shares, or that seek to compel the issuance of capital stock or other securities of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Key Energy Services Inc)

Ownership of the Company Shares. The Shareholders hold Shareholder holds good and valid title to all of the Company Shares, free and clear of all Encumbrances. The Shareholders possess Shareholder possesses full authority and legal right to sell, transfer and assign to Buyer the Company Shares to BuyerShares, free and clear of all Encumbrances. Upon transfer to Buyer by the Shareholders Shareholder of the Company Shares, Buyer will own the Company Shares free and clear of all Encumbrances. There are no claims pending or, to the knowledge of either of the ShareholdersShareholder, threatened, against the Company or either of the Shareholders Shareholder that concern or affect title to the Company Shares, or that seek to compel the issuance of capital stock or other securities of either the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Key Energy Group Inc)

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Ownership of the Company Shares. The Shareholders hold good and valid title to all of the Company Shares, free and clear of all Encumbrances. The Shareholders possess full authority and legal right to sell, transfer and assign to Buyer the Company Shares to BuyerShares, free and clear of all Encumbrances. Upon transfer to Buyer by the Shareholders of the Company Shares, Buyer will own the Company Shares free and clear of all Encumbrances. There are no claims pending or, to the knowledge of either any of the Shareholders, threatened, against the Company or either any of the Shareholders that concern or affect title to the Company Shares, or that seek to compel the issuance of capital stock or other securities of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Key Energy Group Inc)

Ownership of the Company Shares. The Shareholders hold good and valid title to all of the Company Shares, free and clear of all Encumbrances. The Shareholders possess full authority and legal right to sell, transfer and assign to Buyer the Company Shares to BuyerShares, free and clear of all Encumbrances. Upon transfer to Buyer by the Shareholders of the Company Shares, Buyer will own the Company Shares free and clear of all Encumbrances. There are no claims pending or, to the knowledge of either any of the Shareholders, threatened, against the Company or either any of the Shareholders that concern or affect title to the Company Shares, or that seek to compel the issuance of capital stock or other securities of either the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Key Energy Group Inc)

Ownership of the Company Shares. The Shareholders hold good and valid title to all of the Company Shares, free and clear of all Encumbrances. The Shareholders possess full authority and legal right to sell, transfer and assign the Company Shares to Buyer, free and clear of all Encumbrances. Upon transfer to Buyer by the Shareholders of the Company Shares, Buyer will own the Company Shares free and clear of all Encumbrances. There are no claims pending or, to the knowledge of either any of the Shareholders, threatened, against the Company or either any of the Shareholders that concern or affect title to the Company Shares, or that seek to compel the issuance of capital stock or other securities of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Key Energy Group Inc)

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