Common use of Stock Power and Assignment Clause in Contracts

Stock Power and Assignment. Holdings shall have delivered to Rhino a duly executed Stock Power and Assignment for the transfer of the Axxxxxxxx Shares, free and clear of all Encumbrances, other than restrictions under the Organizational Documents of Axxxxxxxx or applicable securities Law.

Appears in 2 contracts

Samples: Option Agreement (Royal Energy Resources, Inc.), Option Agreement (Rhino Resource Partners LP)

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Stock Power and Assignment. Holdings shall have delivered deliver to Rhino a duly executed Stock Power and Assignment for the transfer of the Axxxxxxxx Shares, free and clear of all Encumbrances, other than restrictions under the Organizational Documents of Axxxxxxxx or applicable securities Law.

Appears in 2 contracts

Samples: Option Agreement (Rhino Resource Partners LP), Option Agreement (Royal Energy Resources, Inc.)

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