Common use of Authorization of the Shares Clause in Contracts

Authorization of the Shares. The Shares to be sold by the Company and their issue and sale are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and free and clear of all Liens imposed by the Company.

Appears in 72 contracts

Samples: Securities Purchase Agreement (Merion, Inc.), Securities Purchase Agreement (Color Star Technology Co., Ltd.), Securities Purchase Agreement (Merion, Inc.)

Authorization of the Shares. The Shares to be sold issued by the Company and their issue and sale debt cancellation are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and free and clear of all Liens imposed by the Company.

Appears in 10 contracts

Samples: Debt Repayment Agreement (Future FinTech Group Inc.), Debt Repayment Agreement (Future FinTech Group Inc.), Debt Repayment Agreement (Merion, Inc.)

Authorization of the Shares. The Shares to be sold by the Company and their issue and sale are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and non-assessable and free and clear of all Liens imposed by with respect to the Company issue thereof, and will be issued in compliance with all applicable Securities Laws.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Luokung Technology Corp.), Securities Purchase Agreement (Luokung Technology Corp.)

Authorization of the Shares. The Shares to be sold issued by the Company and their issue and sale are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and free and clear of all Liens imposed by the Company.

Appears in 1 contract

Samples: Share Purchase Agreement (Fuse Enterprises Inc.)