Conversion Shares. The Company shall duly reserve Conversion Shares for issuance upon conversion of the Series E Shares, which Conversion Shares, upon issuance in accordance with the terms of the Restated Memorandum and Articles, will be duly and validly issued, fully-paid, and non-assessable and will be free of restrictions on transfer and other Encumbrances.
Appears in 4 contracts
Samples: Share Purchase Agreement (Xunlei LTD), Share Purchase Agreement (Xunlei LTD), Share Purchase Agreement (Xunlei LTD)
Conversion Shares. The Company shall duly reserve Conversion Shares for issuance upon conversion of the Series E D Shares, which Conversion Shares, upon issuance in accordance with the terms of the Restated Memorandum and Articles, will be duly and validly issued, fully-paid, and non-assessable and will be free of restrictions on transfer and other Encumbrances.
Appears in 2 contracts
Samples: Share Purchase Agreement (Xunlei LTD), Share Purchase Agreement (Xunlei LTD)