Common use of Issuance and Sale of the Securities Clause in Contracts

Issuance and Sale of the Securities. When issued and paid for in accordance with this Agreement, the Shares to be sold hereunder by the Company will be validly issued and outstanding, fully paid and non- assessable.

Appears in 2 contracts

Samples: License Agreement (Cell Genesys Inc), License Agreement (Cell Genesys Inc)

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Issuance and Sale of the Securities. When issued and paid for in accordance with this Agreement, the Shares to be sold hereunder by the Company will be validly issued and outstanding, fully paid and non- non-assessable.

Appears in 2 contracts

Samples: License Agreement (Transkaryotic Therapies Inc), License Agreement (Transkaryotic Therapies Inc)

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Issuance and Sale of the Securities. When issued and paid for in accordance with this Agreement, the Shares and Warrants to be sold hereunder by the Company and, upon exercise of the Warrants in accordance with their terms, the Warrant Shares (collectively, with the Shares and Warrants, the “Securities”) will be validly issued and outstanding, fully paid and non- non-assessable.

Appears in 1 contract

Samples: Stock and Warrant Purchase Agreement (Onyx Pharmaceuticals Inc)

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