Common use of Undertakings and Warranties Clause in Contracts

Undertakings and Warranties. Party A warrants that the equity interests transferred to Party B as specified in Article I hereof is legally owned by Party A, and that Party A has complete and effective right of disposal thereof. Party A warrants that the equity interests it transfers are not subject to any pledge or other security interests or any third-party claims.

Appears in 2 contracts

Samples: Equity Transfer Agreement (Zhibao Technology Inc.), Equity Transfer Agreement (Zhibao Technology Inc.)

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Undertakings and Warranties. Party A warrants that Party A lawfully owns the equity interests interest to be transferred to Party B as specified in under Article I hereof is legally owned by Party A, and that 1. Party A has complete the right to dispose with full force and effective right of disposal thereofeffect. Party A also warrants that the equity interests it transfers are not subject interest to be transferred is free from any pledge or other security interests mortgage or any third-party claimsclaim by third parties.

Appears in 1 contract

Samples: Equity Transfer Agreement (Solarfun Power Holdings Co., Ltd.)

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Undertakings and Warranties. Party A warrants that Party A lawfully owns the equity interest to be transferred to Party B under Article 1. Party A has the right to dispose with full force and effect. Party A also warrants that the equity interests to be transferred to Party B as specified in Article I hereof is legally owned by Party A, and that Party A has complete and effective right of disposal thereof. Party A warrants that the equity interests it transfers are not subject to free from any pledge or other security interests mortgage or any third-party claimsclaim by third parties.

Appears in 1 contract

Samples: Equity Transfer Agreement (Solarfun Power Holdings Co., Ltd.)

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