Common use of Title to Securities; Capitalization Clause in Contracts

Title to Securities; Capitalization. (a) of the Portables Disclosure Letter sets forth a complete and accurate list of all owners of Portables Units and, such Portables Units are held by such members free and clear of any restrictions on transfer, Encumbrances, taxes (other than taxes the payment of which is not yet due or is being contested in good faith), warrants, purchase rights, contracts, assignments, commitments, equities, claims and demands, except as disclosed in Section 3.2(a)

Appears in 1 contract

Samples: Securities Purchase Agreement (Zoom Technologies Inc)

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