Common use of Title to the Shares Clause in Contracts

Title to the Shares. The Seller has good and valid title to, is the holder of record of and owns beneficially the Shares set forth opposite his, her or its name on Exhibit A hereto, free and clear of any and all liens and, upon delivery by the Seller to the Purchaser of the Shares in accordance with this Agreement, good and valid title to the Shares will pass to the Purchaser. The Shares have been validly issued, are fully paid and non-assessable, and are not subject to any options, agreements or restrictions with respect to transferability arising from any agreement entered into by the Seller or its affiliates.

Appears in 10 contracts

Samples: Purchase Agreement (Sharper Image Corp), Purchase Agreement (Sharper Image Corp), Purchase Agreement (Knightspoint Partners II, L.P.)

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Title to the Shares. The Such Seller has good and valid title to, is the holder of record of and owns beneficially the Shares set forth opposite his, her or its name on Exhibit A hereto, free and clear of any and all liens and, upon delivery by the such Seller to the Purchaser Purchasers of the Shares in accordance with this Agreement, good and valid title to the Shares will pass to the PurchaserPurchasers. The Shares have been validly issued, are fully paid and non-assessable, and are not subject to any options, agreements or restrictions with respect to transferability arising from any agreement entered into by the such Seller or its affiliates.

Appears in 2 contracts

Samples: Purchase Agreement (Sharper Image Corp), Purchase Agreement (Knightspoint Partners II, L.P.)

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