Common use of Authorization of the Placement Shares Clause in Contracts

Authorization of the Placement Shares. The Placement Shares, when issued and paid for as contemplated herein, will be validly issued, fully paid and nonassessable, will be issued in compliance with all applicable securities laws, and will be free of preemptive, registration or similar rights, and will conform to the description of the Common Stock contained in the Registration Statement and the Prospectus.

Appears in 50 contracts

Samples: Sales Agreement (Lipocine Inc.), Sales Agreement (IGC Pharma, Inc.), Sales Agreement (Ocean Power Technologies, Inc.)

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Authorization of the Placement Shares. The Placement Shares, when issued and paid delivered, will be duly authorized for as contemplated hereinissuance and sale pursuant to this Agreement and, when issued and delivered by the Company against payment therefor pursuant to this Agreement, will be validly issued, fully paid and nonassessable, will be issued in compliance with all applicable securities laws, and will be free of preemptive, registration or similar rights, and will conform to the description of the Common Stock contained in the Registration Statement and the Prospectus.

Appears in 24 contracts

Samples: Sales Agreement (Flux Power Holdings, Inc.), Sales Agreement (Cyclacel Pharmaceuticals, Inc.), Sales Agreement (CASI Pharmaceuticals, Inc.)

Authorization of the Placement Shares. The Placement Shares, when issued and paid for as contemplated hereindelivered, will be duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company against payment therefor pursuant to this Agreement, will be duly authorized, validly issued, fully paid and nonassessable, will be issued in compliance with all applicable securities laws, and will be free of preemptive, registration or similar rights, and will conform to the description of the Common Stock contained in the Registration Statement and the Prospectus.

Appears in 19 contracts

Samples: Sales Agreement (Syndax Pharmaceuticals Inc), Sales Agreement (Syndax Pharmaceuticals Inc), Sales Agreement (Ovid Therapeutics Inc.)

Authorization of the Placement Shares. The Placement Shares, when issued and paid for as contemplated herein, will be validly issued, fully paid and nonassessable, will be issued in compliance with all applicable securities laws, and will be free of preemptive, registration or similar rights, and will conform to the description of the Common Stock Ordinary Shares contained in the Registration Statement and the Prospectus.

Appears in 2 contracts

Samples: Sales Agreement (G Medical Innovations Holdings Ltd.), Sales Agreement (Powerbridge Technologies Co., Ltd.)

Authorization of the Placement Shares. The Placement Shares, when issued and paid for as contemplated herein, will be validly issued, fully paid and nonassessable, will be issued in compliance with all applicable securities laws, and will be free of preemptive, registration or similar rights, and will conform to the description of the Common Stock contained in the Registration Statement and the Prospectus.

Appears in 1 contract

Samples: Sales Agreement (Advaxis, Inc.)

Authorization of the Placement Shares. The Placement Shares, Shares have been duly authorized and when issued and paid for as contemplated herein, herein will be validly issued, fully paid and nonassessable, will be issued in compliance with all applicable securities laws, and will be free non-assessable. The issuance of preemptive, registration or similar rights, and will conform the Placement Shares is not subject to the description preemptive or other similar rights of any stockholder of the Common Stock contained in the Registration Statement and the ProspectusCompany.

Appears in 1 contract

Samples: Equity Distribution Agreement (Volitionrx LTD)

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Authorization of the Placement Shares. The Placement Shares, when issued and paid delivered, will be duly authorized for as contemplated hereinissuance and sale pursuant to this Agreement and, when issued and delivered by the Company against payment therefor pursuant to this Agreement, will be validly issued, fully paid and nonassessable. The Placement Shares, when issued, will be issued conform in compliance with all applicable securities laws, and will be free of preemptive, registration or similar rights, and will conform material respects to the description of the Common Stock contained thereof set forth in the Registration Statement and or incorporated into the Prospectus.

Appears in 1 contract

Samples: XOMA Corp

Authorization of the Placement Shares. The Placement Shares, when issued and paid for as contemplated herein, will be validly issued, fully paid and nonassessable, will be issued in compliance with all applicable securities laws, and will be free of preemptive, registration or similar rights, and will conform to the description of the Common Stock Shares contained in the Registration Statement and the Prospectus.

Appears in 1 contract

Samples: Sales Agreement (Pluri Inc.)

Authorization of the Placement Shares. The Placement Shares, when issued and paid for as contemplated herein, will be validly issued, fully paid and nonassessable, will be issued in compliance with all applicable securities laws, and will be free of preemptive, registration or similar rights, and will conform to the description of the Common Stock Class A Ordinary Shares contained in the Registration Statement and the Prospectus.

Appears in 1 contract

Samples: Sales Agreement (Zhongchao Inc.)

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