Common use of Title to Company Shares Clause in Contracts

Title to Company Shares. The Company Shares are duly authorized, validly issued, fully paid and nonassessable and are owned by Shareholders free and clear of all liens, encumbrances, charges, assessments and adverse claims. The Company Shares are subject to no restrictions with respect to transferability to Buyer in accordance with the terms of this Agreement. Upon transfer of the Company Shares by Shareholders, Buyer will, as a result, receive good and marketable title to all of the Company Shares, free and clear of all security interests, liens, encumbrances, charges, assessments, restrictions and adverse claims.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Zone 4 Play Inc), Stock Purchase Agreement (Zone 4 Play Inc), Stock Purchase Agreement (Old Goat Enterprises Inc)

AutoNDA by SimpleDocs

Title to Company Shares. The Company Shares are duly authorized, validly issued, fully paid and nonassessable non-assessable and are owned by Shareholders free and clear of all liens, encumbrances, charges, assessments and adverse claims. The Company Shares are subject to no restrictions with respect to transferability to Buyer in accordance with the terms of this Agreement. Upon transfer of the Company Shares by Shareholders, Buyer will, as a result, receive good and marketable title to all of the Company Shares, free and clear of all security interests, liens, encumbrances, charges, assessments, restrictions and adverse claims.

Appears in 4 contracts

Samples: Stock Purchase Agreement (China Intelligence Information Systems Inc.), Stock Purchase Agreement (China VoIP & Digital Telecom Inc.), Stock Purchase Agreement (China VoIP & Digital Telecom Inc.)

Title to Company Shares. The Company Shares are duly authorized, validly issued, fully paid and nonassessable non-assessable and are owned by Shareholders Seller free and clear of all liens, encumbrances, charges, assessments and adverse claims. The Company Shares are subject to no restrictions with respect to transferability to Buyer in accordance with the terms of this Agreement. Upon transfer of the Company Shares by ShareholdersSeller, Buyer will, as a result, receive good and marketable title to all 100 percent of the Company Shares, free and clear of all security interests, liens, encumbrances, charges, assessments, restrictions restrictions, and adverse claims.

Appears in 1 contract

Samples: Stock Purchase Agreement (International Mercantile Corp)

AutoNDA by SimpleDocs

Title to Company Shares. The Company Shares are duly authorized, ----------------------- validly issued, fully paid and nonassessable non-assessable and are owned by Shareholders free and clear of all liens, encumbrances, charges, assessments and adverse claims. The Company Shares are subject to no restrictions with respect to transferability to Buyer in accordance with the terms of this Agreement. Upon transfer of the Company Shares by Shareholders, Buyer will, as a result, receive good and marketable title to all of the Company Shares, free and clear of all security interests, liens, encumbrances, charges, assessments, restrictions and adverse claims.

Appears in 1 contract

Samples: Stock Purchase Agreement (Crawford Lake Mining Inc.)

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