Common use of Acquisition Shares Clause in Contracts

Acquisition Shares. The Acquisition Shares when delivered to the holders of SURGE Shares pursuant to the Merger shall be validly issued and outstanding as fully paid and non-assessable shares and the Acquisition Shares shall be transferable upon the books of Boundless, in all cases subject to the provisions and restrictions of all applicable securities laws.

Appears in 2 contracts

Sources: Merger Agreement (Surge Technologies Corp), Merger Agreement (Surge Technologies Corp)

Acquisition Shares. The Acquisition Shares when delivered to the holders of SURGE Shares pursuant to the Merger shall be validly issued and outstanding as fully paid and non-assessable shares and the Acquisition Shares shall be transferable upon the books of Boundless, in all cases subject to the provisions and restrictions of all applicable securities laws.. Non-Merger and Survival

Appears in 1 contract

Sources: Merger Agreement (Boundless Vision Inc)