Common use of Title to Seller’s Interest Clause in Contracts

Title to Seller’s Interest. Seller is the lawful record and beneficial owner of all of Seller’s Interest, free and clear of any liens, claims, agreements, charges, security interests and encumbrances whatsoever. On the Effective Date, the Operating Agreement of the Company showing ownership of the membership interests of the Company shall be amended to memorialize this transaction and to show that Buyer owns 100% of the membership interests in the Company, subject to the terms of this Agreement and the Pledge Agreement. Seller shall sign such documents and provide such certificates as may be required to evidence the sale of Seller’s Interest.

Appears in 2 contracts

Samples: Sale of LLC Interest Agreement, Sale of LLC Interest Agreement (Calavo Growers Inc)

AutoNDA by SimpleDocs

Title to Seller’s Interest. Seller is the lawful record and beneficial owner of all of Seller’s Interestownership Interest in the Company, free and clear of any liens, claims, agreements, charges, security interests and encumbrances whatsoever. On the Effective Date, the Operating Agreement of the Company showing ownership of the membership interests of the Company shall be amended to memorialize this transaction and to show that Buyer owns 100% of the membership interests in the Company, subject to the terms of this Agreement and the Pledge Agreement. Seller shall sign such documents and provide such certificates as may be required to evidence the sale of Seller’s InterestInterest in the Company.

Appears in 2 contracts

Samples: Sale of LLC Interest Agreement (ProGreen Properties, Inc.), Sale of LLC Interest Agreement (ProGreen Properties, Inc.)

Title to Seller’s Interest. Seller is the lawful record and beneficial owner of all of Seller’s Interestinterest in Company, free and clear of any liens, claims, agreements, charges, security interests and encumbrances whatsoever. On Upon payment of the Effective DateFourth Payment, the Operating Agreement of the Company showing ownership of the membership interests of the Company shall be amended to memorialize this transaction and to show that Buyer owns 100% of the membership interests in the Company, subject to the terms of this Agreement and the Pledge Agreement. Seller shall sign such documents and provide such certificates as may be required to evidence the sale transfer of Seller’s Interestinterest to Buyer.

Appears in 1 contract

Samples: Purchase Agreement (JUVA LIFE INC./Canada)

Title to Seller’s Interest. Seller is the lawful record and beneficial owner of all of Seller’s 's Interest, free and clear of any liens, claims, agreements, charges, security interests and encumbrances whatsoever. On the Effective Date, the Operating Agreement of the Company showing ownership of the membership interests of the Company shall be amended to memorialize this transaction and to show that Buyer owns 100% of the membership interests in the Company, subject to the terms of this Agreement and the Pledge Agreement. Seller shall sign such documents and provide such certificates as may be required to evidence the sale of Seller’s 's Interest.

Appears in 1 contract

Samples: Sale of LLC Interest Agreement (Integrity Health Corp)

AutoNDA by SimpleDocs

Title to Seller’s Interest. Seller is the lawful record and beneficial owner of all of the Seller’s Interest, which is free and clear of any liens, claims, agreements, charges, security interests and encumbrances whatsoeverencumbrances. On the Effective Date, the Operating Agreement of the Company showing ownership of the membership interests of the Company shall be amended to memorialize this transaction and to show that Buyer owns 100% of the membership interests in the Company, subject to the terms of this Agreement and the Pledge Agreement. Seller Sellers shall sign such documents and provide such certificates as may be reasonably required to evidence the sale of Seller’s Interest.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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