Common use of Issuance of the Preferred Stock Clause in Contracts

Issuance of the Preferred Stock. The preferred stock has been authorized by Purchaser's certificate of incorporation and the preferred stock, upon issuance, will be duly authorized, validly issued, fully paid and non-assessable

Issuance of the Preferred Stock. The preferred stock has been issuance of the Preferred Stock is duly authorized by Purchaser's certificate of incorporation the Company and when the preferred stock, upon issuance, Preferred Stock is issued it will be duly authorized, and validly issued, fully paid and non-assessable, free from all taxes, liens, charges and other encumbrances imposed by the Company other than restrictions on transfer. ​

Issuance of the Preferred Stock. The preferred stock has been issuance of the Preferred Stock is duly authorized by Purchaser's certificate of incorporation the Company and when the preferred stock, upon issuance, Preferred Stock is issued it will be duly authorized, and validly issued, fully paid and non-assessable, free from all taxes, liens, charges and other encumbrances imposed by the Company other than restrictions on transfer.