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Template:Nutshell Equity Derivatives 9.11: Difference between revisions
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Template:Nutshell Equity Derivatives 9.11 (view source)
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{{eqderivprov|9.11}}. '''{{eqderivprov|Representation and Agreement}}'''. A party delivering {{eqderivprov|Shares}} under a {{eqderivprov|Transaction}} represents, on the date of conveyance, that it has conveyed good title to the necessary {{eqderivprov|Shares}}, free from | {{eqderivprov|9.11}}. '''{{eqderivprov|Representation and Agreement}}'''. A party delivering {{eqderivprov|Shares}} under a {{eqderivprov|Transaction}} represents, on the date of conveyance, that it has conveyed good title to the necessary {{eqderivprov|Shares}}, free from: | ||
:(i) '''Encumbrance''': any [[encumbrance]] (other customary [[lien]]s) or other restrictions, without the receiver having to provide any documents or comply with any volume or manner of sale restrictions, <br> | :(i) '''Encumbrance''': any [[encumbrance]] (other customary [[lien]]s) or other restrictions, without the receiver having to provide any documents or comply with any volume or manner of sale restrictions, <br> | ||
:(ii) '''Transfer restrictions''': any restrictions or required consents to transfer of the {{eqderivprov|Shares}} by any person, <br> | :(ii) '''Transfer restrictions''': any restrictions or required consents to transfer of the {{eqderivprov|Shares}} by any person, <br> | ||