Issuance of Conversion Shares. The Conversion Shares are duly authorized and, when issued and paid for in accordance with the Agreement, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Agreement.
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Samples: Indebtedness Conversion Agreement, Indebtedness Conversion Agreement (Yulong Eco-Materials LTD)
Issuance of Conversion Shares. The Conversion Shares are will be duly authorized and, when issued and paid for in accordance with the terms of this Agreement, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Agreementliens.
Appears in 1 contract
Samples: Exchange and Asset Purchase Agreement (Content Checked Holdings, Inc.)
Issuance of Conversion Shares. The Conversion Shares are have been duly authorized and, by all necessary corporate action and when issued and paid for delivered to Holder(s) in accordance with the Agreement, terms thereof will be duly validly issued and validly issuedoutstanding, fully full paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Agreementnon-assessable.
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