Common use of Issuance of the Shares; Registration Clause in Contracts

Issuance of the Shares; Registration. (i) The Shares are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company and will conform to the descriptions thereof contained in the Registration Statement and the Prospectus; and the issuance of such Shares is not subject to any preemptive or similar rights. The Company has reserved from its duly authorized capital stock the maximum number of Shares issuable pursuant to this Agreement.

Appears in 3 contracts

Samples: Securities Purchase Agreement (General Cannabis Corp), Securities Purchase Agreement (KushCo Holdings, Inc.), Securities Purchase Agreement (Kush Bottles, Inc.)

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Issuance of the Shares; Registration. (i) The Shares are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company and will conform to the descriptions thereof contained in the Registration Statement and the Prospectus; and the issuance of such Shares is not subject to any preemptive or similar rightsCompany. The Company has reserved from its duly authorized capital stock the maximum number of Shares shares of Common Stock issuable pursuant to this AgreementAgreement and the exercise of the Warrants.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Document Security Systems Inc), Securities Purchase Agreement (Document Security Systems Inc)

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Issuance of the Shares; Registration. (i) The Shares are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company and will conform to the descriptions thereof contained in the Registration Statement and the Prospectus; and the issuance of such Shares is not subject to any preemptive or similar rightsCompany. The Company has reserved from its duly authorized share capital stock the maximum number of Ordinary Shares issuable pursuant to this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Galmed Pharmaceuticals Ltd.)

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