Common use of Title to the Securities Clause in Contracts

Title to the Securities. The Seller has record and beneficial ownership of the Purchased Securities. The Seller has good and valid title to the Purchased Securities, free and clear of all liens, claims, encumbrances and similar restrictions. The Seller has the absolute legal right, power and authority to sell to the Purchasers the Purchased Securities to be sold by the Seller, and upon transfer to the Seller of the Purchase Price, the Seller will pass to the Purchasers good and valid title to the Purchased Securities, free and clear of all liens, claims, encumbrances and similar restrictions.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Opko Health, Inc.), Securities Purchase Agreement (Opko Health, Inc.), Securities Purchase Agreement (Frost Gamma Investments Trust)

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Title to the Securities. The Seller has record and beneficial ownership of the Purchased Securities. The , and the Seller has good and valid title to the Purchased Securities, free and clear of all liens, claims, encumbrances and similar restrictions. The Seller has the absolute legal right, power and authority to sell to the Purchasers the Purchased Securities to be sold by the Seller, and upon transfer to the Seller of the Purchase Price, the Seller will pass to the Purchasers good and valid title to the Purchased Securities, free and clear of all liens, claims, encumbrances and similar restrictions.

Appears in 2 contracts

Samples: Exhibit 6 (Frost Gamma Investments Trust), Securities Purchase Agreement (Frost Gamma Investments Trust)

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