Undertakings and Guarantee. Party A guarantees that the Transferred Interest is legally owned by Party A and that Party A owns the complete, effective right of disposal. Party A guarantees that the Transferred Interest is free of any mortgage or other security and not the subject of claims of any third party. Otherwise, Party A shall undertake all legal liabilities incurred therefrom. Party A undertakes and guarantees that after this Agreement has become effective, Party B shall have all of Party A’s previous rights in the Transferred Assets.
Appears in 21 contracts
Samples: Exclusive Purchase Option Agreement (Youdao, Inc.), Exclusive Purchase Option Agreement (NetEase, Inc.), Exclusive Purchase Option Agreement (Youdao, Inc.)
Undertakings and Guarantee. Party A guarantees that the Transferred Interest is legally owned by Party A and that Party A owns the complete, effective right of disposal. Party A guarantees that the Transferred Interest is free of any mortgage or other security and not the subject of claims of any third party. Otherwise, Party A shall undertake all legal liabilities incurred therefrom. Party A undertakes and guarantees that after this Agreement has become effective, Party B shall have all of Party A’s previous rights in the Transferred Assets..
Appears in 2 contracts
Samples: Exclusive Purchase Option Agreement (NetEase, Inc.), Exclusive Purchase Option Agreement (NetEase, Inc.)
