Common use of Valid Title Clause in Contracts

Valid Title. Stockholder is the sole, true, lawful record and beneficial owner of the Owned Shares, and there are no restrictions on Stockholder's voting rights with respect thereto or contractual restrictions on Stockholder's rights of disposition with respect thereto. None of the Owned Shares is subject to any voting trust or other agreement or arrangement with respect to the voting of such Owned Shares. Stockholder has the sole right to vote the shares, if any, listed as Controlled Shares on SCHEDULE A hereto.

Valid Title. Such Stockholder is the sole, true, lawful record and beneficial owner of the Owned Shares, and there are such Stockholder's Shares with no restrictions on such Stockholder's voting rights with respect thereto or contractual restrictions on Stockholder's rights of disposition with respect pertaining thereto, other than restrictions imposed under applicable securities laws. None of the Owned such Stockholder's Shares is subject to any voting trust or other agreement or arrangement with respect to the voting of such Owned Shares. Stockholder has the sole right to vote the shares, if any, listed as Controlled Shares on SCHEDULE A hereto.

Valid Title. Such Stockholder is the sole, true, lawful record and beneficial owner of the Owned Shares, and there are such Stockholder's Shares with no restrictions on such Stockholder's voting rights with respect thereto or contractual restrictions on Stockholder's rights of disposition with respect pertaining thereto. At any Closing, such Stockholder will convey good and valid title to such Stockholder's Shares being purchased free and clear of any and all claims, liens, charges, encumbrances and security interests. None of the Owned such Stockholder's Shares is subject to any voting trust or other agreement or arrangement with respect to the voting of such Owned Shares. Stockholder has the sole right to vote the shares, if any, listed as Controlled Shares on SCHEDULE A hereto.