Common use of Issuance of the Note Clause in Contracts

Issuance of the Note. The Note to be issued hereunder is duly authorized and, upon payment and issuance in accordance with the terms hereof, shall be free from all taxes, Liens and charges with respect to the issuance thereof. All actions by the Board, the Company and its stockholders necessary for the valid issuance of the Note.

Appears in 4 contracts

Samples: Note Purchase Agreement (Medical Media Television, Inc.), Securities Exchange Agreement (Medical Media Television, Inc.), Note Purchase Agreement (Medical Media Television, Inc.)

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Issuance of the Note. The Note to be issued hereunder is duly authorized and, upon payment and issuance in accordance with the terms hereof, shall be free from all taxes, Liens and charges with respect to the issuance thereof. All actions by the Board, the Company and its stockholders necessary for the valid issuance of the NoteNote pursuant to the terms of the Note have been taken.

Appears in 2 contracts

Samples: Note Purchase Agreement (AMHN, Inc.), Note Purchase Agreement (AMHN, Inc.)

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Issuance of the Note. (a) The Note to be issued hereunder is duly authorized and, upon payment and issuance in accordance with the terms hereof, shall be free from all taxes, Liens and charges with respect to the issuance thereof. As of the Closing, the Company has authorized or reserved the necessary number of shares of Common Stock for the issuance of the Note Shares. All actions by the Board, the Company and its stockholders necessary for the valid issuance of the NoteNote and the Note Shares pursuant to the terms of the Note has been taken.

Appears in 2 contracts

Samples: Note Purchase Agreement (Medical Media Television, Inc.), Note Purchase Agreement (Medical Media Television, Inc.)

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