Title to the Share Sample Clauses
The "Title to the Share" clause establishes who holds legal ownership of the shares referenced in the agreement. Typically, it clarifies that the seller has full and unencumbered title to the shares and the right to transfer them to the buyer, free from any liens or third-party claims. This ensures that the buyer receives clear and undisputed ownership upon completion of the transaction, thereby protecting the buyer from future disputes or challenges regarding the shares' ownership.
Title to the Share. Seller is the sole owner of and has good title to the Share, free and clear of all Encumbrances and transfer restrictions, other than restrictions on transferability under securities laws of general applicability or as set out in the charter documents of the Company. Seller has not previously assigned or purported to assign the Share (or any part thereof) to any Person. Seller has made no general solicitation in connection with the Share.
Title to the Share. Seller owns of record and beneficially the Share of the Company, free and clear of all liens, encumbrances, pledges, claims, options, charges and assessments of any nature whatsoever, with full right and lawful authority to transfer the Share to Buyer. No person has any preemptive rights or rights of first refusal with respect to any of the Share. There exists no voting agreement, voting trust, or outstanding proxy with respect to any of the Share. Other than disclosed by the Seller to the Buyer, there are no outstanding rights, options, warrants, calls, commitments, or any other agreements of any character, whether oral or written, with respect to the Share.
Title to the Share. Seller holds of record and beneficially owns the Share free and clear of any Liens or any other restrictions on transfer (other than any restrictions on transfer under the Securities Act of 1933, as amended and state securities laws). The Share constitutes all of the outstanding capital stock of Kodiak. Neither Seller nor Kodiak is a party to any option, warrant, right, contract, call, put or other agreement or commitment providing for the disposition or acquisition of capital stock of Kodiak (other than this Agreement). Seller is not a party to any voting trust, proxy or other agreement or understanding with respect to the Share.
Title to the Share. 3.1. The Seller is the sole legal and beneficial owner of, and has the right to exercise all voting rights over, the Share.
3.2. There is no Encumbrance and there is no agreement or commitment to give or create any Encumbrance over or affecting the Share.
Title to the Share. Seller is the record and beneficial owner of the Share, free and clear of all Encumbrances (other than restrictions on transfer arising under applicable state or federal securities laws). Upon the consummation of the transactions contemplated by this Agreement, Buyer shall acquire from such Seller good, valid, and marketable title to the Share, free and clear of any Encumbrance (other than restrictions on transfer arising under applicable state or federal securities laws). “Encumbrance” means any mortgage, pledge, lien, charge, security interest, claim, community property interest, option, equitable interest, restriction of any kind (including any restriction on use, voting, transfer, receipt of income, or exercise of any other ownership attribute), or other encumbrance.