Common use of Title to Shares and Assets Clause in Contracts

Title to Shares and Assets. The Seller has marketable title to the Acquired Shares free and clear of all Encumbrances. Except as set forth in Section 3.4 of the Seller Disclosure Schedule, and except for capital leases or security to Parent for advances made to TDR, Seller has marketable title to all of the assets of the Business, free and clear of all Encumbrances, except liens for taxes not yet due and payable.

Appears in 4 contracts

Samples: Stock Purchase and Sale Agreement, Stock Purchase and Sale Agreement (Commonwealth Biotechnologies Inc), Stock Purchase and Sale Agreement (Commonwealth Biotechnologies Inc)

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