Common use of Representations of Stockholder Clause in Contracts

Representations of Stockholder. The Stockholder represents that: (a) (1) he possesses the sole right to vote, or the voting of, all of the Shares, (2) such number of Shares constitutes all of the Shares with respect to which the Stockholder possesses the sole right to vote, or direct the voting of, as the case may be, and (3) he has good and merchantable title to all of the Shares, free of all restrictions and encumbrances of every kind and character. (1) he possesses the sole power to dispose of, or the disposition of, the Shares, (2) such number of Shares constitutes all of the Shares with respect to which the Stockholder possesses or will possess the sole power to dispose of or direct the disposition of, and (3) he has good and merchantable title to all of the Shares free of all restrictions and encumbrances of any kind or character. (c) he does not own, of record or beneficially, any other shares of CCMHI's capital stock. For the purposes of this Agreement, beneficial ownership has the meaning set forth in Rule 13d-3 of the Securities Exchange Act of 1934, as amended. (d) he has full right, power and authority to enter into, deliver and perform this Agreement; this Agreement has been duly executed and delivered by such stockholder; and this Agreement constitutes the legal, valid and binding obligation of the Stockholder, and is enforceable in accordance with its terms.

Appears in 2 contracts

Samples: Support Agreement (Echapman Com Inc), Support Agreement (Echapman Com Inc)

AutoNDA by SimpleDocs

Representations of Stockholder. The Stockholder represents that: (a) (1) he possesses the sole right to vote, or direct the voting of, all of the Shares, (2) such number of Shares constitutes all of the Shares with respect to which the Stockholder possesses the sole right to vote, or direct the voting of, as the case may be, and (3) he has good and merchantable title to all of the Shares, free of all restrictions and encumbrances of every kind and character. (1) he possesses the sole power to dispose of, or direct the disposition of, the Shares, (2) such number of Shares constitutes all of the Shares with respect to which the Stockholder possesses or will possess the sole power to dispose of or direct the disposition of, and (3) he has good and merchantable title to all of the Shares free of all restrictions and encumbrances of any kind or character. (c) he does not own, of record or beneficially, any other shares of CCMHICIH's capital stock. For the purposes of this Agreement, beneficial ownership has the meaning set forth in Rule 13d-3 of the Securities Exchange Act of 1934, as amended. (d) he has full right, power and authority to enter into, deliver and perform this Agreement; this Agreement has been duly executed and delivered by such stockholder; and this Agreement constitutes the legal, valid and binding obligation of the Stockholder, and is enforceable in accordance with its terms.

Appears in 2 contracts

Samples: Support Agreement (Echapman Com Inc), Support Agreement (Echapman Com Inc)

AutoNDA by SimpleDocs

Representations of Stockholder. The Stockholder represents that: (a) (1) he possesses the sole right to vote, or direct the voting of, all of the Shares, (2) such number of Shares constitutes all of the Shares with respect to which the Stockholder possesses the sole right to vote, or direct the voting of, as the case may be, and (3) he has good and merchantable title to all of the Shares, free of all restrictions and encumbrances of every kind and character. (1) he possesses the sole power to dispose of, or direct the disposition of, the Shares, (2) such number of Shares constitutes all of the Shares with respect to which the Stockholder possesses or will possess the sole power to dispose of or direct the disposition of, and (3) he has good and merchantable title to all of the Shares free of all restrictions and encumbrances of any kind or character. (c) he does not own, of record or beneficially, any other shares of CCMHICHI's capital stock. For the purposes of this Agreement, beneficial ownership has the meaning set forth in Rule 13d-3 of the Securities Exchange Act of 1934, as amended. (d) he has full right, power and authority to enter into, deliver and perform this Agreement; this Agreement has been duly executed and delivered by such stockholder; and this Agreement constitutes the legal, valid and binding obligation of the Stockholder, and is enforceable in accordance with its terms.

Appears in 1 contract

Samples: Support Agreement (Echapman Com Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!