Acquiror Common Stock. On the Effective Date, the Acquiror Common Stock to be issued in exchange for the Target Common Stock pursuant to the terms of this Agreement shall be duly authorized, validly issued, fully paid, and non-assessable, free of preemptive rights and free and clear of all Liens created by or through Acquiror, with no personal liability attaching to the ownership thereof. The Acquiror Common Stock to be issued upon exchange for the Target Common Stock pursuant to the terms of this Agreement will be issued in all material respects in accordance with applicable state and federal Laws, rules, and regulations.
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (Covista Communications Inc), Agreement and Plan of Reorganization (Capsule Communications Inc De), Agreement and Plan of Reorganization (Startec Global Communications Corp)
Acquiror Common Stock. On At the Effective Date, the Acquiror Common Stock to be issued in exchange for the Target Common Capital Stock pursuant to the terms of this Agreement shall be duly authorized, validly issued, fully paid, and non-assessable, free of preemptive rights and free and clear of all Liens created by or through Acquiror, with no personal liability attaching to the ownership thereof. The Acquiror Common Stock to be issued upon exchange for the Target Common Capital Stock pursuant to the terms of this Agreement will be issued in all material respects in accordance with applicable state and federal Lawslaws, rules, and regulations.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Telecommunication Systems Inc /Fa/)
