Common use of Issuance of Conversion Shares Clause in Contracts

Issuance of Conversion Shares. The Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note in accordance with its terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 86 contracts

Samples: Securities Purchase Agreement (Ionix Technology, Inc.), Securities Purchase Agreement (Code Green Apparel Corp), Securities Purchase Agreement (iCoreConnect Inc.)

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Issuance of Conversion Shares. The Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note or exercise of the Warrant in accordance with its their respective terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 14 contracts

Samples: Securities Purchase Agreement (SIMPLICITY ESPORTS & GAMING Co), Securities Purchase Agreement (SIMPLICITY ESPORTS & GAMING Co), Securities Purchase Agreement (Global Wholehealth Partners Corp)

Issuance of Conversion Shares. The Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note in accordance with its terms, will be validly issued, fully paid and non-non- assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 13 contracts

Samples: Securities Purchase Agreement (Tego Cyber, Inc.), Securities Purchase Agreement (Tego Cyber, Inc.), Securities Purchase Agreement (Touchpoint Group Holdings Inc.)

Issuance of Conversion Shares. The Conversion Shares are duly authorized and reserved for issuance (or will be reserved for issuance as provided in the Note) and, upon conversion of the Note in accordance with its terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 5 contracts

Samples: Securities Purchase Agreement (NightFood Holdings, Inc.), Securities Purchase Agreement (NightFood Holdings, Inc.), Securities Purchase Agreement (NightFood Holdings, Inc.)

Issuance of Conversion Shares. The Conversion Shares are is duly authorized and reserved for issuance and, upon conversion of the Note in accordance with its terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Better for You Wellness, Inc.), Securities Purchase Agreement (Better for You Wellness, Inc.), Securities Purchase Agreement (Visium Technologies, Inc.)

Issuance of Conversion Shares. The Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note in accordance with its respective terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders stockholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Verus International, Inc.), Securities Purchase Agreement (Verus International, Inc.), Securities Purchase Agreement (Verus International, Inc.)

Issuance of Conversion Shares. The Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note in accordance with its their respective terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 3 contracts

Samples: Securities Purchase Agreement (eWELLNESS HEALTHCARE Corp), Securities Purchase Agreement (SIMPLICITY ESPORTS & GAMING Co), Securities Purchase Agreement (SIMPLICITY ESPORTS & GAMING Co)

Issuance of Conversion Shares. The Conversion Shares are duly authorized and reserved for issuance and, upon in the event of a conversion of the Note in accordance with its terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Home Bistro, Inc. /NV/), Securities Purchase Agreement (Home Bistro, Inc. /NV/), Securities Purchase Agreement (Home Bistro, Inc. /NV/)

Issuance of Conversion Shares. The Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note Notes in accordance with its their terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 3 contracts

Samples: Securities Purchase Agreement (CLS Holdings USA, Inc.), Securities Purchase Agreement (CLS Holdings USA, Inc.), Securities Purchase Agreement (CLS Holdings USA, Inc.)

Issuance of Conversion Shares. The Conversion Shares are duly authorized and reserved for issuance and, upon conversion exercise of the Note Warrant in accordance with its terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 2 contracts

Samples: Form of Securities Purchase Agreement (Adial Pharmaceuticals, Inc.), Securities Purchase Agreement (Adial Pharmaceuticals, L.L.C.)

Issuance of Conversion Shares. The Conversion Shares are have been duly authorized and reserved for issuance by all necessary corporate action of the Company and, when issued and delivered by the Company upon conversion of the Note Conversion in accordance with its termsthe terms of this Agreement, the Conversion Shares will be validly issued, fully paid and non-assessable, assessable and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 2 contracts

Samples: Conversion Agreement (1847 Holdings LLC), Conversion Agreement (1847 Holdings LLC)

Issuance of Conversion Shares. The Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note in accordance with its respective terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Sibling Group Holdings, Inc.), Securities Purchase Agreement (STW Resources Holding Corp.)

Issuance of Conversion Shares. The Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note in accordance with its terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Aditxt, Inc.), Form of Securities Purchase Agreement (Aditxt, Inc.)

Issuance of Conversion Shares. The Conversion Shares are have been duly authorized and reserved for issuance and, upon conversion of the Note in accordance with its terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (DPW Holdings, Inc.)

Issuance of Conversion Shares. The Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note and exercise of the Warrant in accordance with its their respective terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Home Bistro, Inc. /NV/)

Issuance of Conversion Shares. The Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note in accordance with its terms and/or upon the exercise of the Warrant and receipt of the exercise price payable in accordance with its terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (RespireRx Pharmaceuticals Inc.)

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Issuance of Conversion Shares. The Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note in accordance with its respective terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and and, except for shareholder preemptive rights which the Company’s shareholders are entitled to under Wyoming law, shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Blue Sky Media Corp)

Issuance of Conversion Shares. The Subject to the terms of the Prior Note Agreements, the Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note in accordance with its respective terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (HydroPhi Technologies Group, Inc.)

Issuance of Conversion Shares. The Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note in accordance with its their respective terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.. a. e.

Appears in 1 contract

Samples: Securities Purchase Agreement (eWELLNESS HEALTHCARE Corp)

Issuance of Conversion Shares. The issuance of the Conversion Shares are is duly authorized and reserved for upon issuance and, upon conversion of the Note in accordance with its terms, the terms of the Purchase and Conversion Documents will be validly issued, fully paid and non-assessable, assessable and free from all preemptive or similar rights, taxes, liens, claims charges and other encumbrances with respect to the issue thereof and shall not be subject thereof, with the holders being entitled to preemptive all rights or other similar rights accorded to a holder of shareholders of the Company and will not impose personal liability upon the holder thereofCommon Stock.

Appears in 1 contract

Samples: Purchase and Conversion Agreement (Taronis Technologies, Inc.)

Issuance of Conversion Shares. The Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note Notes in accordance with its terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Edison Nation, Inc.)

Issuance of Conversion Shares. The Conversion Shares are have been duly authorized and validly reserved for issuance by the Company and, upon conversion when issued pursuant to the terms of the Note in accordance with its termsNotes, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims Liens and encumbrances with respect to free of restrictions on transfer other than as contemplated by the issue thereof Transaction Documents and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereofApplicable Law.

Appears in 1 contract

Samples: Registration Rights Agreement (Chindex International Inc)

Issuance of Conversion Shares. The Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note in accordance with its respective terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and and, except for shareholders preemptive rights which the Company’s shareholders are entitled to under Wyoming law, shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder Buyer thereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Life Clips, Inc.)

Issuance of Conversion Shares. The Conversion Shares and Warrant Shares are duly authorized and reserved for issuance and, upon conversion of the Note and/or exercise of the Warrant in accordance with its terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Nexgel, Inc.)

Issuance of Conversion Shares. The issuance of the Conversion Shares are shall be duly authorized authorized, and reserved for issuance and, upon conversion of the Note when issued in accordance with its termsthe Articles of Amendment, the Conversion Shares will be validly issued, fully paid and non-assessable, assessable and free from of all taxes, liens, claims charges and encumbrances preemptive rights with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Stan Lee Media Inc)

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