Common use of Issuance, Sale and Delivery of the Shares Clause in Contracts

Issuance, Sale and Delivery of the Shares. The Shares have been duly authorized and, when issued, delivered and paid for in the manner set forth in this Agreement, will be duly authorized, validly issued, fully paid and nonassessable. No preemptive rights or other rights to subscribe for or purchase exist with respect to the issuance and sale of the Shares by the Company pursuant to this Agreement. No further approval or authority of the stockholders or the Board will be required for the issuance and sale of the Shares to be sold by the Company as contemplated herein

Appears in 5 contracts

Samples: Stock Purchase Agreement (Entrada Networks Inc), Stock Purchase Agreement (Entrada Networks Inc), Stock Purchase Agreement (Entrada Networks Inc)

AutoNDA by SimpleDocs

Issuance, Sale and Delivery of the Shares. The Shares have been duly authorized and, when issued, delivered and paid for in the manner set forth in this Agreement, will be duly authorized, validly issued, fully paid and nonassessable. No preemptive rights or other rights to subscribe for or purchase exist with respect to the issuance and sale of the Shares by the Company pursuant to this Agreement. No further approval or authority of the stockholders or the Board of Directors of the Company will be required for the issuance and sale of the Shares to be sold by the Company as contemplated herein.

Appears in 5 contracts

Samples: Stock Purchase Agreement (NaturalNano , Inc.), Stock Purchase Agreement (Infinium Labs Inc), Stock Purchase Agreement (Infinium Labs Inc)

Issuance, Sale and Delivery of the Shares. The Shares have been duly authorized and, when issued, delivered and paid for in the manner set forth in this Agreement, will be duly authorized, validly issued, fully paid and nonassessable. No preemptive rights or other rights stockholder of the Company has any right to subscribe for or purchase exist with respect require the Company to register the issuance and sale of any shares owned by such stockholder under the Shares by Securities Act in the Company pursuant to this AgreementRegistration Statement. No further approval or authority of the stockholders or the Board of Directors of the Company will be required for the issuance and sale of the Shares to be sold by the Company as contemplated herein.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Lenco Mobile Inc.), Securities Purchase Agreement (Lenco Mobile Inc.), Securities Purchase Agreement (Lenco Mobile Inc.)

Issuance, Sale and Delivery of the Shares. The Shares have been duly authorized and, when issued, delivered and paid for in the manner set forth in this Agreement, will be duly authorized, validly issued, fully paid and nonassessable. No preemptive rights or other rights to subscribe for or purchase exist with respect to the issuance and sale of the Shares by the Company pursuant to this Agreement. No further approval or authority of the stockholders unitholders or the Board will be required for the issuance and sale of the Shares to be sold by the Company as contemplated herein

Appears in 3 contracts

Samples: Share Purchase Agreement (Soleil Capital L.P.), Share Purchase Agreement (Soleil Capital L.P.), Share Purchase Agreement (Soleil Capital L.P.)

Issuance, Sale and Delivery of the Shares. The Shares have been duly authorized and, when issued, delivered and paid for in the manner set forth in this Agreement, will be duly authorized, validly issued, fully paid and nonassessable. No preemptive rights or other rights to subscribe for or purchase exist with respect to the issuance and sale of the Shares by the Company pursuant to this Agreement. No further approval or authority of the stockholders or the Board of Directors of the Company will be required for the issuance and sale of the Shares to be sold by the Company as contemplated herein

Appears in 3 contracts

Samples: Stock Purchase Agreement (NaturalNano , Inc.), Stock Purchase Agreement (Biophan Technologies Inc), Stock Purchase Agreement (Biophan Technologies Inc)

Issuance, Sale and Delivery of the Shares. The Shares have been duly authorized and, when issued, issued and delivered and paid for in the manner set forth in accordance with this Agreement, will be duly authorized, validly issued, fully paid and nonassessable. No preemptive rights or other rights to subscribe for or purchase exist with respect to the issuance and sale of the Shares by the Company pursuant to this Agreement. No further approval or authority of the stockholders or the Board of Directors of the Company will be required for the issuance and sale of the Shares to be sold the Purchaser as contemplated herein or by the Company as contemplated hereinNote.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Lucas Energy, Inc.), Securities Purchase Agreement (Bonanza Oil & Gas, Inc.)

Issuance, Sale and Delivery of the Shares. The Shares have been duly authorized and, when issued, delivered and paid for in the manner set forth in this Agreement, will be duly authorized, validly issued, fully paid and nonassessable. No preemptive rights rights, anti-dilution rights, or other rights to subscribe for or purchase exist with respect to the issuance and sale of the Shares by the Company pursuant to this Agreement. No further approval or authority of the stockholders or the Board of Directors of the Company will be required for the issuance and sale of the Shares to be sold by the Company as contemplated herein.

Appears in 1 contract

Samples: Purchase Agreement (Sirna Therapeutics Inc)

Issuance, Sale and Delivery of the Shares. The Shares have been ---------------------------------------- duly authorized and, when issued, delivered and paid for in the manner set forth in this Agreement, will be duly authorized, validly issued, fully paid and nonassessable. No preemptive rights or other rights to subscribe for or purchase exist (which have not been waived) with respect to the issuance and sale of the Shares by the Company pursuant to this Purchase Agreement. No further approval or authority of the stockholders or the Board of Directors of the Company will be required for the issuance and sale of the Shares to be sold by the Company as contemplated herein.

Appears in 1 contract

Samples: Form of Purchase Agreement (Autonomous Technologies Corp)

AutoNDA by SimpleDocs

Issuance, Sale and Delivery of the Shares. The Shares have been duly authorized and, when issued, delivered and paid for in the manner set forth in this Agreement, will be duly authorized, validly issued, fully paid and nonassessable. No preemptive rights or other rights to subscribe for or purchase any shares of Common Stock of the Company exist with respect to the issuance and sale of the Shares by the Company pursuant to this Agreement. No further approval or authority of the stockholders or the Board will be required for the issuance and sale of the Shares to be sold by the Company as contemplated herein.

Appears in 1 contract

Samples: Purchase Agreement (Biomimetic Therapeutics, Inc.)

Issuance, Sale and Delivery of the Shares. The Shares have been duly authorized dulyauthorized and, when issued, issued and delivered and paid for in the manner set forth in accordance with this Agreement, will be duly authorized, validly issued, fully paid and nonassessable. No preemptive rights or other rights to subscribe for or purchase exist with respect to the issuance and sale of the Shares by the Company pursuant to this Agreement. No further approval or authority of the stockholders or the Board of Directors of the Company will be required for the issuance and sale of the Shares to be sold the Purchaser as contemplated herein or by the Company as contemplated hereinNote.

Appears in 1 contract

Samples: Securities Purchase agreem.ent (National Filing Agents Inc)

Issuance, Sale and Delivery of the Shares. The Shares have been duly authorized and, when issued, delivered and paid at Closing for in the manner set forth in this Agreement, will be duly authorized, validly issued, fully paid and nonassessable. No preemptive rights or other rights to subscribe for or purchase exist with respect to the issuance and sale of the Shares by the Company pursuant to this Agreement. No At Closing, no further approval or authority of the stockholders or the Board of Directors of the Company will be required for the issuance and sale of the Shares to be sold by the Company as contemplated herein.

Appears in 1 contract

Samples: Purchase Agreement (Clayton Williams Energy Inc /De)

Issuance, Sale and Delivery of the Shares. The Shares have been duly authorized andShares, when issued, delivered and paid for in the manner set forth in this Agreement, will be duly authorized, validly issued, fully paid and nonassessable. No Any preemptive rights or other rights to subscribe for or purchase exist with respect to the issuance and sale of the Shares by the Company pursuant to this AgreementSeller have been waived by such holders. No Except for the stockholder approval, no further approval or authority of the stockholders of the Seller or the Board of Directors of the Seller will be required for the issuance and sale of the Shares to be sold by the Company Seller as contemplated herein.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cavico Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.