SELLER'S REPRESENTATIONS SPECIFIED Clause Samples

SELLER'S REPRESENTATIONS SPECIFIED. 9.2.1 The statements contained in the recitals (A) to (D) and in Sections 1.1, 1.2, 1.3.2, 3.2.1 and 2 are correct. Other than the shareholdings set out in Section 2 none of the Bally ▇▇▇▇▇ Group Entities holds any other interest in any company or other legal entity. 9.2.2 KG is a limited partnership, and each of Verwaltungs, Automaten and Vertriebs is a limited liability company, duly incorporated and validly existing under the laws of Germany. 9.2.3 The Seller holds clean title to the sole share in Verwaltungs and to the entire limited partnership interest in KG, and KG holds clean title to all shares in Automaten and Vertriebs, each not encumbered (belastet) with rights of third parties. No third party is entitled to exercise pre-emptive rights, rights of first refusal, options, conversion rights, claw back options or other rights to purchase or acquire the shares in any Bally ▇▇▇▇▇ Group Entity. The shares/interests in the Bally ▇▇▇▇▇ Group Entities are not subject to (i) any trust arrangement (Treuhandverhaltnis), silent partnership (stille Beteiligung) or sub-participation (Unterbeteiligung); (ii) any pending (noch nicht vollstandig erfullt) transfer (Ubertragung) or other disposition (Verfugung), (iii) any sale, contribution or other contractual arrangement creating an obligation to transfer or encumber any of the shares in the Bally ▇▇▇▇▇ Group Entities; or (iv) any shareholders resolution on the redemption (Einziehung) of shares.