Common use of Delivery of Certificate Clause in Contracts

Delivery of Certificate. Not later than twenty Business Days after each Conversion Date, the Company shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares representing the number of Conversion Shares being acquired upon the conversion of this Note. The Company covenants that all shares of Common Stock that shall be so issuable shall, upon issue, be duly authorized, validly issued, fully paid and non-assessable.

Appears in 15 contracts

Samples: Originoil Inc, Originoil Inc, Las Vegas Railway Express, Inc.

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Delivery of Certificate. Not later than twenty ten Business Days after each Conversion Datedate of conversion, the Company shall deliver, or cause to be delivered, to the Holder a certificate or certificates representing the Conversion Shares representing the number of Conversion Shares shares of the Company’s Common Stock being acquired upon the conversion of this Note. The Company covenants that all shares of Common Stock that shall be so issuable shall, upon issue, be duly authorized, validly issued, fully paid and non-assessable.

Appears in 1 contract

Samples: U.S. Rare Earths, Inc

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