CONCERNING THE PREFERRED STOCK AND THE SHARES. The Preferred Stock has been duly authorized, and when issued and paid for in accordance with the terms of this Agreement, will be duly and validly issued, fully paid and non-assessable and will not subject the holder thereof to personal liability solely by reason of acquiring the Preferred Stock hereunder. There are no preemptive rights of any stockholder of the Company, as such, to acquire the Preferred Stock or the Shares.
Appears in 6 contracts
Samples: Preferred Securities Purchase Agreement (Markland Technologies Inc), Securities Purchase Agreement (Eurogas Inc), Preferred Securities Purchase Agreement (Markland Technologies Inc)
CONCERNING THE PREFERRED STOCK AND THE SHARES. The Preferred Stock has been duly authorized, and when issued and paid for in accordance with the terms of this Agreementissued, will be duly and validly issued, fully paid and non-assessable and will not subject the holder thereof to personal liability solely by reason of acquiring the Preferred Stock hereunderbeing such holder. There are no preemptive rights of any stockholder of the Company, as such, to acquire the Preferred Stock or the Shares.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Nhancement Technologies Inc), Securities Purchase Agreement (Voxcom Holdings Inc), Securities Purchase Agreement (Anschutz Co)
CONCERNING THE PREFERRED STOCK AND THE SHARES. The Preferred Stock has been duly authorized, and when issued and paid for in accordance with the terms of this Agreement, will be duly and validly issued, fully paid and non-assessable and will not subject the holder thereof to personal liability solely by reason of acquiring the Preferred Stock hereunder. There are no preemptive rights of any stockholder of the Company, as such, to acquire the Preferred Stock Stock, the Warrants or the Shares.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Sac Technologies Inc), Securities Purchase Agreement (Henley Healthcare Inc)
CONCERNING THE PREFERRED STOCK AND THE SHARES. The Preferred Stock has been duly authorizedauthorized and, and when issued and paid for in accordance with the terms of this Agreementissued, will be duly and validly issued, fully paid and non-assessable and will not subject the holder thereof to personal liability solely by reason of acquiring the Preferred Stock hereunderbeing such holder. There are no preemptive rights of any stockholder of the Company, as such, to acquire the Preferred Stock or the Shares.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Global Maintech Corp), Securities Purchase Agreement (Global Maintech Corp)
CONCERNING THE PREFERRED STOCK AND THE SHARES. The Preferred Stock has been duly authorizedauthorized and, and when issued and paid for in accordance with the terms of this Agreementfor, will be duly and validly issued, fully paid and non-assessable and will not subject the holder thereof to personal liability solely for the obligations of the Company by reason of acquiring the Preferred Stock hereunderbeing such holder. There are no preemptive rights of any stockholder of the Company, as such, to acquire the Preferred Stock or the Shares.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Mobile Pet Systems Inc), Securities Purchase Agreement (Mobile Pet Systems Inc)
CONCERNING THE PREFERRED STOCK AND THE SHARES. The Convertible Preferred Stock has been duly authorizedauthorized and, and when issued and paid for in accordance with the terms of this Agreementissued, will be duly and validly issued, fully paid and non-assessable and will not subject the holder thereof to personal liability solely by reason of acquiring the Preferred Stock hereunderbeing such holder. There are no preemptive rights of any stockholder of the Company, as such, to acquire the Preferred Stock or the Shares.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Bristol Retail Solutions Inc), Securities Purchase Agreement (Atlantic International Entertainment LTD)
CONCERNING THE PREFERRED STOCK AND THE SHARES. The Preferred Stock has been duly authorized, and when issued and paid for in accordance with the terms of this Agreementissued, will be duly and validly issued, fully paid and non-assessable and will not subject the holder thereof to personal liability solely by reason of acquiring the Preferred Stock hereunderbeing such holder. There are no preemptive rights of any stockholder of the Company, as such, to acquire the Preferred Stock Stock, the Warrants or the Shares.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Escalon Medical Corp), Securities Purchase Agreement (Saliva Diagnostic Systems Inc)
CONCERNING THE PREFERRED STOCK AND THE SHARES. The Preferred Stock has been duly authorizedauthorized and, and when issued and paid for in accordance with the terms of this Agreementissued, will be duly and validly issued, fully paid and non-assessable and will not subject the holder thereof to personal liability solely by reason of acquiring the Preferred Stock hereunderbeing such holder. There are no preemptive rights of any stockholder of the Company, as such, to acquire the Preferred Stock or the Shares.. 4
Appears in 1 contract
Samples: Securities Purchase Agreement (U S Wireless Data Inc)
CONCERNING THE PREFERRED STOCK AND THE SHARES. The Preferred Stock has been duly authorizedauthorized and, and when issued and paid for in accordance with the terms of this Agreementissued, will be duly and validly issued, fully paid and non-assessable and will not subject the holder thereof to personal liability solely by reason of acquiring the Preferred Stock hereunderbeing such holder. There are no preemptive rights of any stockholder shareholder of the Company, as such, to acquire the Preferred Stock or the SharesCommon Stock, except for such antidilution rights as may exist under outstanding options, warrants, or rights existing under the Company's Shareholder Rights Plan.
Appears in 1 contract
Samples: Securities Purchase Agreement (Childrens Broadcasting Corp)
CONCERNING THE PREFERRED STOCK AND THE SHARES. The Preferred Stock has been duly authorizedauthorized and, and when issued and paid for in accordance with the terms of this Agreementissued, will be duly and validly issued, fully paid and non-non- assessable and will not subject the holder thereof to personal liability solely by reason of acquiring the Preferred Stock hereunderbeing such holder. There are no preemptive rights of any stockholder of the Company, as such, to acquire the Preferred Stock or the Shares.
Appears in 1 contract
Samples: Securities Purchase Agreement (Singlepoint Systems Corp)
CONCERNING THE PREFERRED STOCK AND THE SHARES. The Preferred Stock has been duly authorized, and when issued and paid for in accordance with the terms of this Agreement, will be duly and validly issued, fully paid and non-assessable and will not subject the holder thereof to personal liability solely by reason of acquiring the Preferred Stock hereunder. There are no preemptive rights of any stockholder of the Company, as such, to acquire the Preferred Stock Stock, the Warrants or the SharesShares which have not been waived.
Appears in 1 contract
Samples: Securities Purchase Agreement (Henley Healthcare Inc)
CONCERNING THE PREFERRED STOCK AND THE SHARES. The Preferred Stock has been duly authorized, and when issued and paid for in accordance with the terms of this Agreement, will be duly and validly issued, fully paid and non-assessable and will not subject the holder thereof to personal liability solely by reason of acquiring the Preferred Stock hereunder. There are no preemptive rights of any stockholder of the Company, as such, to acquire the Preferred Stock Stock, the Warrants or the Shares. No party has a currently exercisable right of first refusal which would be applicable to any or all of the transactions contemplated by the Transaction Agreements.
Appears in 1 contract
Samples: Securities Purchase Agreement (Titan Motorcycle Co of America Inc)
CONCERNING THE PREFERRED STOCK AND THE SHARES. The Preferred Stock has been duly authorized, and when issued and paid for in accordance with the terms of this Agreementissued, will be duly and validly issued, fully paid and non-assessable and will not subject the holder thereof to personal liability solely by reason of acquiring the Preferred Stock hereunder. There are no preemptive rights of any stockholder of the Company, as being such, to acquire the Preferred Stock or the Shares.
Appears in 1 contract
Samples: Securities Purchase Agreement (Homecom Communications Inc)
CONCERNING THE PREFERRED STOCK AND THE SHARES. The Preferred Stock has been duly authorized, and when issued and paid for in accordance with the terms of this Agreementissued, will be duly and validly issued, fully paid and non-assessable and will not subject the holder thereof to personal liability solely by reason of acquiring the Preferred Stock hereunderbeing such holder. There are no preemptive rights of any stockholder of the Company, as such, to acquire the Preferred Stock or the Converted Shares.
Appears in 1 contract
