Free and Clear Delivery. All shares of Common Stock or other securities delivered upon conversion of the Series B Preferred Stock shall be duly authorized, validly issued, fully paid and non-assessable, free of preemptive rights and free and clear of all liens, claims, security interests and other encumbrances (other than liens, charges, security interests and other encumbrances created by the holders of the Series B Preferred Stock).
Appears in 4 contracts
Samples: Investment Agreement (Sterling Financial Corp /Wa/), Investment Agreement (Sterling Financial Corp /Wa/), Investment Agreement (Sterling Financial Corp /Wa/)
Free and Clear Delivery. All shares of Common Stock or other securities delivered upon conversion of the Series B Preferred Designated Stock shall be duly authorized, validly issued, fully paid and non-assessable, free of preemptive rights and free and clear of all liens, claims, security interests and other encumbrances (other than liens, charges, security interests and other encumbrances created by the holders of the Series B Preferred StockHolders).
Appears in 4 contracts
Samples: Exchange Agreement, Exchange Agreement (Broadway Financial Corp \De\), Exchange Agreement
Free and Clear Delivery. All shares of Common Stock or other securities delivered upon conversion of the Series B Preferred Stock shall Stock, shall, upon issuance, be duly authorized, validly issued, fully paid and non-assessable, free of preemptive rights and free and clear of all liens, claims, security interests and other encumbrances (other than liens, charges, security interests and other encumbrances created by the holders of the Series B Preferred StockHolders).
Appears in 3 contracts
Samples: Securities Purchase Agreement (Eastern Virginia Bankshares Inc), Securities Purchase Agreement (Eastern Virginia Bankshares Inc), Securities Purchase Agreement (Eastern Virginia Bankshares Inc)
Free and Clear Delivery. All shares of Common Stock or other securities delivered upon conversion of the Series B Convertible Preferred Stock shall be duly authorized, validly issued, fully paid and non-assessable, free of preemptive rights and free and clear of all liens, claims, security interests and other encumbrances (other than liens, charges, security interests and other encumbrances created by the holders of the Series B Preferred StockHolders).
Appears in 3 contracts
Samples: Investment Agreement (Great Atlantic & Pacific Tea Co Inc), Investment Agreement (Great Atlantic & Pacific Tea Co Inc), Asset Purchase Agreement (Marshall Edwards Inc)
Free and Clear Delivery. All shares of Common Stock or other securities delivered upon conversion of the Series B Convertible Preferred Stock or upon the payment of dividends shall be duly authorized, validly issued, fully paid and non-assessable, free of preemptive rights and free and clear of all liens, claims, security interests and other encumbrances (other than liens, charges, security interests and other encumbrances created by the holders of the Series B Preferred StockHolders).
Appears in 2 contracts
Samples: Investment Agreement (Dow Chemical Co /De/), Investment Agreement (Dow Chemical Co /De/)
Free and Clear Delivery. All shares of Common Stock or other securities delivered upon conversion of the Series B Preferred Designated Stock shall be duly authorized, validly issued, fully paid and non-assessable, free of preemptive rights and free and clear of all liens, claims, security interests and other encumbrances (other than liens, charges, security interests and other encumbrances created by the holders of the Series B Preferred StockHolders).
Appears in 2 contracts
Samples: Exchange Agreement (Citigroup Inc), Exchange Agreement (Citigroup Inc)
Free and Clear Delivery. All shares of Common Stock or other securities delivered upon conversion of the Series B Convertible Preferred Stock shall shall, upon issuance, be duly authorized, validly issued, fully paid and non-assessable, free of preemptive rights and free and clear of all liens, claims, security interests and other encumbrances (other than liens, charges, security interests and other encumbrances created by the holders of the Series B Preferred StockHolders).
Appears in 1 contract
Samples: Stock Purchase Agreement (Taylor Capital Group Inc)
