Representations and Warranties of the Service Provider. The Service Provider hereby represents and warrants to the Company as of the date hereof as follows: (a) the Service Provider has all right, title and interest in and to the Shares, (b) the Shares are owned by the Service Provider free and clear of all liens and encumbrances, and upon receipt of such Shares, the Company will have all right, title and interest in and to the Shares, (c) it is free to enter into this Agreement; and (d) in so doing, it will not violate any other agreement to which it is a party.
Appears in 2 contracts
Sources: Rescission Agreement (Selway Capital Acquisition Corp.), Rescission Agreement (Selway Capital Acquisition Corp.)