Common use of Exchange Shares Clause in Contracts

Exchange Shares. The Exchange Shares, when issued to the Stockholders pursuant to the Exchange, will be duly authorized, validly issued and outstanding, fully paid and non-assessable, and issued free and clear of any liens, other than those created by Governance Documents or arising under applicable securities laws.

Appears in 7 contracts

Samples: Support Agreement (KnowBe4, Inc.), Support Agreement (Vepf Vii SPV I, L.P.), Support Agreement (Vepf Vii SPV I, L.P.)

AutoNDA by SimpleDocs

Exchange Shares. The Exchange Shares, when issued to in accordance with the Stockholders pursuant to the Exchangeterms hereof, will be be, duly authorized, validly issued and outstandingissued, fully paid and non-assessable, and issued free and clear of any liens, other than those created by Governance Documents or arising under applicable securities lawsnonassessable.

Appears in 1 contract

Samples: Share Exchange Agreement (ECO Integrated Technologies, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.