Common use of Title to Purchased Securities Clause in Contracts

Title to Purchased Securities. The Seller represents and warrants to the Company that it has good and valid title to the Purchased Securities free and clear of lien, mortgage, security interest, pledge, charge or encumbrance of any kind (“Liens”). Delivery of the Purchased Securities to the Company will pass to the Company good and valid title to the Purchased Securities, free and clear of Liens other than those of the Company or under securities laws.

Appears in 2 contracts

Samples: Purchase Agreement (Valeant Pharmaceuticals International, Inc.), Purchase Agreement (Valeant Pharmaceuticals International)

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Title to Purchased Securities. The Seller represents and warrants to the Company that it has good and valid title to the Purchased Securities free and clear of any lien, mortgage, security interest, pledge, charge or encumbrance of any kind ("Liens”)") other than those arising under applicable securities laws. Delivery of the Purchased Securities to the Company Purchasers will pass to the Company Purchasers good and valid title to the Purchased Securities, free and clear of Liens other than those of the Company Purchasers' or under securities laws.

Appears in 1 contract

Samples: Purchase Agreement (Softbank Group Corp)

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Title to Purchased Securities. The Seller represents and warrants to the Company that it has good and valid title to the Purchased Securities free and clear of lien, mortgage, security interest, pledge, charge or encumbrance of any kind ("Liens"). Delivery of the Purchased Securities to the Company will pass to the Company good and valid title to the Purchased Securities, free and clear of Liens other than those of the Company or under securities laws.

Appears in 1 contract

Samples: Purchase Agreement (Valeant Pharmaceuticals International, Inc.)

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