Common use of Representations by Assignor Clause in Contracts

Representations by Assignor. Assignor does hereby represent and warrant to Assignee that: (i) Assignor is the legal and beneficial owner and holder of the Membership Interest and (ii) the Membership Interest is not subject to any lien or assessment by any of Assignor's creditors or by any other person or entity.

Appears in 6 contracts

Samples: LLC Membership Interest Purchase Agreement (Carbonics Capital Corp), LLC Membership Interest Purchase Agreement (Biozone Pharmaceuticals, Inc.), LLC Membership Interest Purchase Agreement (Biozone Pharmaceuticals, Inc.)

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Representations by Assignor. Assignor does hereby represent and warrant to Assignee that: (i) Assignor is the legal and beneficial owner and holder of the Membership Interest and Assigned Interest; (ii) the Membership Assigned Interest is not subject to any lien or assessment by any of Assignor's creditors or by any other person or entity; and (iii) Assignor has fully performed all duties and obligations required of Assignor as the owner of the Assigned Interest as of the date hereof.

Appears in 1 contract

Samples: Assignment of Membership Interest and Agreement (Crescent Operating Inc)

Representations by Assignor. Assignor does hereby represent and warrant to Assignee that: (i) Assignor is the legal and beneficial owner and holder of the Membership Interest and (ii) the Membership Interest is not subject to any lien or assessment by any of Assignor's creditors or by any other person or entity. 5.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement

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Representations by Assignor. Assignor does hereby represent and warrant to Assignee that: (i) Assignor is the legal and beneficial owner and holder of the Membership Interest and (ii) the Membership Interest is not subject to any lien or assessment by any of Assignor's ’s creditors or by any other person or entity.

Appears in 1 contract

Samples: Demonsaw LLC Membership Interest Purchase Agreement (MGT Capital Investments Inc)

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