Subsidiary Shares. The Subsidiary Shares, as of the Effective Date of this Agreement, are free and clear of all liens, security interests, pledges, encumbrances, charges, restrictions, demands, and claims of any kind or nature whatsoever, whether direct or indirect or contingent, other than those imposed by the Securities Act of 1933.
Appears in 2 contracts
Sources: Subsidiary Acquisition Option Agreement (Biopack Environmental Solutions Inc.), Subsidiary Acquisition Option Agreement (Fit for Business International Inc)