Common use of Title to Sale Shares Clause in Contracts

Title to Sale Shares. Seller is the legal, beneficial and record owner of the Sale Shares, and has good title thereto, free and clear of any claim, lien, pledge, Option, charge, security interest or encumbrance of any nature whatsoever, including without limitation any agreements restricting the transferability of the Sale Shares, and will transfer such good title to Purchaser, free and clear of any liens.

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Frederick's of Hollywood Group Inc /Ny/)

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Title to Sale Shares. The Seller is the legal, beneficial and the sole record owner of and has good and valid title to the Sale Shares, and has upon the reflecting of the Company as the owner of the Sale Shares in the Register, against payment made pursuant to this Agreement, good and valid title theretoto the Sale Shares, free and clear of any claimLiens (other than Liens created by the Company or imposed by applicable securities laws), lien, pledge, Option, charge, security interest or encumbrance of any nature whatsoever, including without limitation any agreements restricting will pass to the transferability of the Sale Shares, and will transfer such good title to Purchaser, free and clear of any liensCompany.

Appears in 2 contracts

Samples: Share Purchase Agreement (Alibaba Group Holding LTD), Share Purchase Agreement

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Title to Sale Shares. The Seller is the legal, record and beneficial and record owner of the Sale Shares, free and has clear of all Liens. At the Closing, the Seller will deliver good and marketable title theretoto each Sale Share to Buyer, free and clear of any claimall Liens. The assignments, lienendorsements, pledgepowers and other instruments of transfer delivered by the Seller at the Closing will be sufficient to transfer to Buyer the Seller’s entire right, Optiontitle and interest, chargelegal and beneficial, security interest or encumbrance of any nature whatsoever, including without limitation any agreements restricting the transferability of in the Sale Shares, and will transfer such good title to Purchaser, free and clear of any liens.

Appears in 1 contract

Samples: Purchase and Sale Agreement (NewQuest Asia Fund I, L.P.)

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