Common use of Title to the Debt Clause in Contracts

Title to the Debt. The Holder is the sole legal and beneficial owner of the Debt. The Holder has good, valid and marketable title to the Debt, free and clear of any Liens. The Holder has not, in whole or in part, , (a) assigned, transferred, hypothecated, pledged, exchanged or otherwise disposed of any of its rights in the Debt, or (b) given any person or entity any transfer order, power of attorney or other authority of any nature whatsoever with respect to its Debt. Upon delivery of the Exchange Shares the Debt will be satisfied in full and the Company will have no further obligation to the Holder.

Appears in 6 contracts

Samples: Settlement Agreement (NightFood Holdings, Inc.), Settlement and Exchange Agreement (Mitesco, Inc.), Settlement and Exchange Agreement (Mitesco, Inc.)

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