Common use of Duly Authorized Clause in Contracts

Duly Authorized. The exchange of the Shares has been duly authorized, and the Shares have been validly issued and are fully paid and nonassessable.

Appears in 8 contracts

Sources: Share Exchange Agreement (Advanced Medical Institute Inc.), Share Exchange Agreement (Advanced Medical Institute Inc.), Share Exchange Agreement (Yarraman Winery, Inc.)

Duly Authorized. The exchange of the Shares Exchange has been duly authorized, and the Shares have been validly issued and are fully paid and nonassessable.

Appears in 5 contracts

Sources: Share Exchange Agreement (Forex365, Inc.), Share Exchange Agreement (General Components, Inc.), Share Exchange Agreement (China Pediatric Pharmaceuticals, Inc.)

Duly Authorized. The exchange Exchange of the Shares has been duly authorized, and the Shares have been validly issued and are fully paid and nonassessable.

Appears in 2 contracts

Sources: Share Exchange Agreement (China Biologic Products, Inc.), Share and Warrant Exchange Agreement (Osteologix, Inc.)