Common use of Issuance of Warrant and Warrant Shares Clause in Contracts

Issuance of Warrant and Warrant Shares. This Warrant is duly authorized and shall not be subject to preemptive rights or other similar rights of stockholders of the Corporation. The Warrant Shares have been duly authorized and reserved for issuance upon exercise of this Warrant, and upon such exercise, will be validly issued, fully paid and non-assessable, free from all taxes, liens and charges with respect to the issue thereof, and will not be subject to preemptive rights or other similar rights of stockholders of the Corporation.

Appears in 7 contracts

Samples: General Datacomm Industries Inc, General Datacomm Industries Inc, General Datacomm Industries Inc

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Issuance of Warrant and Warrant Shares. This Warrant is duly authorized and and, except as set forth in the Financing Agreement, shall not be subject to preemptive rights or other similar rights of stockholders of the Corporation. The Warrant Shares have been duly authorized and reserved for issuance upon exercise of this Warrant, and upon such exercise, will be validly issued, fully paid and non-assessable, free from all taxes, liens and charges with respect to the issue thereof, and will not be subject to preemptive rights or other similar rights of stockholders of the Corporation.

Appears in 1 contract

Samples: Outsource International Inc

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