Common use of The Purchased Shares Clause in Contracts

The Purchased Shares. The Purchased Shares, when and if issued and allotted in accordance with this Agreement, will be duly authorized, validly issued, fully paid, non-assessable and free of any preemptive rights, and will have the rights, preferences, privileges and restrictions set forth in the Articles of Association and will be free and clear of any liens, claims, encumbrances or third party rights of any kind and duly registered in the name of the Purchasers in the Company’s share transfer register.

Appears in 3 contracts

Samples: Registration Rights Agreement (Viryanet LTD), Share Purchase Agreement (Viryanet LTD), Share Purchase Agreement (Viryanet LTD)

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The Purchased Shares. The Purchased Shares, when and if issued and allotted in accordance with this Agreement, will be duly authorized, validly issued, fully paid, non-assessable and free of any preemptive rights, and will have the rights, preferences, privileges and restrictions set forth in the Articles of Association and will be free and clear of any liens, claims, encumbrances or third party rights of any kind and duly registered in the name of the Purchasers Purchaser in the Company’s 's share transfer register.

Appears in 2 contracts

Samples: Share Purchase Agreement (Viryanet LTD), Share Purchase Agreement (Telvent Investments, S.L.)

The Purchased Shares. The Purchased Shares, when and if issued and allotted in accordance with this Agreement, will be duly authorized, validly issued, fully paid, non-assessable and free of any preemptive rights, and will have the rights, preferences, privileges and restrictions set forth in the Articles of Association and will be free and clear of any liens, claims, encumbrances or third party rights of any kind and duly registered in the name of the Purchasers Purchaser in the Company’s share transfer register.

Appears in 2 contracts

Samples: Share Purchase Agreement (Viryanet LTD), Share Purchase Agreement (Viryanet LTD)

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The Purchased Shares. The Purchased Shares, when and if issued and allotted in accordance with this Agreement, will be duly authorized, validly issued, fully paid, non-assessable and free of any preemptive rights, and will have the rights, preferences, privileges and restrictions set forth in the Articles of Association and will be free and clear of any liens, claims, encumbrances or third party rights of any kind and duly registered in the name of the Purchasers in the Company’s 's share transfer register.

Appears in 1 contract

Samples: Share Purchase Agreement (Telvent Investments, S.L.)

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