Common use of Title to Membership Interests Clause in Contracts

Title to Membership Interests. Such Seller owns Membership Interests representing the Sharing Ratio listed opposite such Seller’s name on Exhibit A, free and clear of all Liens, other than agreements between the Sellers. At Closing, such Seller will convey to Purchaser good title to all of such Membership Interests, free and clear of all Liens (other than those arising from or resulting from actions or omissions of Purchaser or its Affiliates and assuming that each Seller enters into this Agreement and delivers the documents required hereunder).

Appears in 2 contracts

Samples: Equity Purchase Agreement (Craft Brewers Alliance, Inc.), Equity Purchase Agreement (Anheuser-Busch Companies, Inc.)

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Title to Membership Interests. Such Seller owns the Membership Interests representing the Sharing Ratio listed opposite such Seller’s name on indicated in Exhibit A, free and clear of all Liens, other than agreements between the Sellers. At at Closing, such Seller will convey to Purchaser good and marketable title to all of such the Membership Interests, Interests free and clear of any and all Liens liens, mortgages, claims, encumbrances, pledges or security interests and all other defects of title, adverse claims or other matters whatsoever (other than those arising from or resulting from actions or omissions of Purchaser or its Affiliates under federal and assuming that each Seller enters into this Agreement and delivers the documents required hereunderstate securities laws).

Appears in 2 contracts

Samples: Securities Purchase Agreement (Petro River Oil Corp.), Securities Purchase Agreement (Petro River Oil Corp.)

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