Common use of Title Vesting Clause in Contracts

Title Vesting. Upon the transfer of the Purchased Shares to Buyer as contemplated by this Agreement, the Buyer shall be vested with good, valid, marketable and indefeasible title to the Purchased Shares, representing one hundred percent (100.0%) of the issued and outstanding common stock of the Company, free and clear of any security interest, encumbrance, claim, pledge, charge, limitation, or restriction whatsoever.

Appears in 2 contracts

Samples: Technology Purchase Agreement (Geotec Thermal Generators Inc), Share Exchange Agreement (Geotec Thermal Generators Inc)

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Title Vesting. Upon the transfer of the Purchased Shares to Buyer as contemplated by this Agreement, the Buyer shall be vested with good, valid, marketable and indefeasible title to the Purchased Shares, representing one hundred percent (100.0%) of the issued and outstanding common stock Capital Stock of the Company, free and clear of any security interest, encumbrance, claim, pledge, charge, limitation, or restriction whatsoever.

Appears in 1 contract

Samples: Share Exchange Agreement (Geotec Thermal Generators Inc)

Title Vesting. Upon the transfer of the Purchased Shares to Buyer as contemplated by this Agreement, the Buyer shall be vested with good, valid, marketable and indefeasible title to the Purchased Shares, representing sixty-six and one hundred tenth percent (100.066.1%) of the issued and outstanding common stock of the Company, free and clear of any security interest, encumbrance, claim, pledge, charge, limitation, or restriction whatsoever.

Appears in 1 contract

Samples: Share Exchange Agreement (Geotec Thermal Generators Inc)

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Title Vesting. Upon the transfer of the Purchased Shares to Buyer as contemplated by this Agreement, the Buyer shall be vested with good, valid, marketable and indefeasible title to the Purchased Shares, representing sixty-six and one hundred tenth percent (100.066.1%) of the issued and outstanding common stock Capital Stock of the Company, free and clear of any security interest, encumbrance, claim, pledge, charge, limitation, or restriction whatsoever.

Appears in 1 contract

Samples: Share Exchange Agreement (Geotec Thermal Generators Inc)

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