Common use of Title to Subject Shares Clause in Contracts

Title to Subject Shares. Such Signatory Stockholder is the sole record and beneficial owner of its Subject Shares, free and clear of any pledge, lien, security interest, mortgage, charge, claim, equity, option, proxy, voting restriction, voting trust or agreement, understanding, arrangement, right of first refusal, limitation on disposition, adverse claim of ownership or use or encumbrance of any kind ("Encumbrances"), other than restrictions imposed by the securities laws or pursuant to this Agreement and the Merger Agreement.

Appears in 4 contracts

Samples: Stockholders Agreement (Softech Inc), Stockholders Agreement (Workgroup Technology Corp), Stockholders Agreement (Magnusson Johan)

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Title to Subject Shares. Such Except as indicated on Schedule 1, such Signatory Stockholder is the sole record and beneficial owner of its Subject Shares, free and clear of any pledge, lien, security interest, mortgage, charge, claim, equity, option, proxy, voting restriction, voting trust or agreement, understanding, arrangement, right of first refusal, limitation on disposition, adverse claim of ownership or use or encumbrance of any kind ("Encumbrances"), other than restrictions imposed by the securities laws or pursuant to this Agreement and the Merger Asset Agreement.

Appears in 1 contract

Samples: Signatory Stockholders Agreement (Geac Computer Systems Inc)

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