Share Encumbrances definition

Share Encumbrances means Liens, claims, options, rights of other parties, voting trusts, proxies, shareholder or similar agreements, encumbrances or other restrictions (other than restrictions imposed by applicable securities laws).
Share Encumbrances means, with respect to any of the Shares, any lien, charge, claim, option, pledge, right of other parties, voting trust, proxy, stockholder or similar agreement, restriction, adverse claim or any other encumbrance of any nature whatsoever.
Share Encumbrances means any (a) Lien, (b) shareholders’ agreement, voting trust, proxy, power of attorney or similar instrument, (c) right or privilege capable of becoming a shareholders’ agreement, voting trust, proxy, power of attorney or other instrument affecting the Equity Interests and (d) restriction affecting the ability of any holder of the Equity Interests to exercise all ownership rights thereto.

Examples of Share Encumbrances in a sentence

  • On the terms and subject to the conditions set forth herein, the Shareholders hereby agree to sell, transfer, convey, assign and deliver to the Purchaser, free and clear of all Corporation Share Encumbrances (as defined in paragraph 3.01.1), and the Purchaser hereby agrees to purchase, acquire and accept from the Shareholders, all of the Corporation Shares held by the Shareholders.

  • The delivery to Buyer of the Shares pursuant to the provisions of this Agreement will transfer to Buyer valid title thereto, free and clear of any and all Share Encumbrances.

  • At the Closing, Seller shall deliver to Buyer a certificate evidencing the Shares duly endorsed for transfer and with all transfer stamps attached and such other instruments as may be reasonably requested by Buyer to transfer full legal and beneficial ownership of the Shares to Buyer, free and clear of all Share Encumbrances.

  • Subject to and in accordance with the terms and conditions of this Agreement, Seller agrees to sell and assign to Buyer, and Buyer agrees to purchase and acquire from Seller, all of Seller’s right, title and interest in and to the Assigned Shares free and clear of all encumbrances other than the Permitted Share Encumbrances.

  • On the terms and subject to the conditions set forth herein, at the Closing each Shareholder shall sell, transfer, convey, assign and deliver to Buyer, free and clear of all Share Encumbrances, and Buyer shall purchase, acquire and accept from each Shareholder, all the Shares owned by such Shareholder.


More Definitions of Share Encumbrances

Share Encumbrances means Taxes, liens, options, warrants, purchase rights, Contracts, commitments, equities, charges, claims, pledges, preemptive rights, rights of first refusal, voting trusts, voting agreements, proxies, shareholders or similar agreements, encumbrances or restrictions on transfer.
Share Encumbrances. Stockholder has granted a security interest in 1,083,713 shares of Class A Common Stock to Texas Community Bank and Trust, N.A. with respect to a loan in the amount of $894,000.00.
Share Encumbrances means any liens, charges, claims, pledges, voting trusts, proxies, security holder or similar agreements, encumbrances or restrictions other than applicable securities law restrictions.
Share Encumbrances means any title defect, liens, charges, claims, options, pledges, voting trusts, proxies, stockholder or similar agreements, security interests, mortgages, encumbrances or restrictions of any kind, other than applicable securities law restrictions and restrictions under the Company's Articles of Incorporation.
Share Encumbrances means any liens, charges, claims, pledges,
Share Encumbrances means any liens, charges, claims, options (other than the terms and conditions of the option agreements under the Company Option Plan pursuant to which shares of Class B Common were originally issued), pledges, voting trusts, proxies, securityholder or similar agreements, encumbrances or restrictions other than applicable securities law restrictions.
Share Encumbrances means any and all Liens of any nature with respect to any shares of Capital Stock, other than Permitted Liens.