Common use of Purchased Shares Clause in Contracts

Purchased Shares. The Purchased Shares will be, upon payment therefor by the Purchasers in accordance with this Agreement, duly authorized, validly issued, fully paid and non-assessable, free from all taxes, liens, claims, encumbrances with respect to the issuance of such Purchased Shares and will not be subject to any pre-emptive rights or similar rights.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Medefile International, Inc.), Securities Purchase Agreement (Roo Group Inc), Securities Purchase Agreement (Roo Group Inc)

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Purchased Shares. The Purchased Shares will behave been duly authorized and, upon when issued and delivered to each Purchaser against payment therefor by the Purchasers in accordance with the terms of this Agreement, duly authorized, will be validly issued, fully paid and non-assessable, assessable and will be free and clear from all taxes, liens, claims, claims and encumbrances with respect to the issuance of such Purchased Shares and will not be subject to any pre-emptive rights or similar rights.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Zix Corp), Securities Purchase Agreement (Zix Corp), Securities Purchase Agreement (Zix Corp)

Purchased Shares. The Purchased Shares will be, upon payment therefor therefore by the Purchasers in accordance with this Agreement, duly authorized, validly issued, fully paid and non-assessable, free from all taxes, liens, claims, encumbrances with respect to the issuance of such Purchased Shares and will not be subject to any pre-emptive rights or similar rights.

Appears in 1 contract

Samples: Securities Purchase Agreement (Medefile International, Inc.)

Purchased Shares. The Purchased Shares will be, upon payment therefor for the Units by the Purchasers in accordance with this Agreement, duly authorized, validly issued, fully paid and non-assessable, free and clear from all taxes, liens, claims, claims and encumbrances with respect to the issuance of such Purchased Shares and will not be subject to any pre-emptive rights or similar rights.

Appears in 1 contract

Samples: Securities Purchase Agreement (Northwest Biotherapeutics Inc)

Purchased Shares. The Purchased Shares will be, upon payment therefor by the Purchasers in accordance with this Agreement, duly authorized, validly issued, fully paid and non-assessable, free from all taxespledges, liens, claims, and encumbrances with respect to the issuance of such Purchased Shares and will not be subject to any pre-emptive rights or similar rights.

Appears in 1 contract

Samples: Securities Purchase Agreement (Hi/Fn Inc)

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Purchased Shares. The Purchased Shares will be, upon payment therefor by the Purchasers in accordance with this Agreement, duly authorized, validly issued, fully paid and non-assessable, free from all taxes, liens, claims, and encumbrances with respect to the issuance of such Purchased Shares and will not be subject to any pre-emptive rights or similar rights.

Appears in 1 contract

Samples: Securities Purchase Agreement (Applied Imaging Corp)

Purchased Shares. The Purchased Shares will behave been duly authorized and, upon when issued and delivered to each Purchaser against payment therefor by the Purchasers in accordance with the terms of this Agreement, duly authorized, will be validly issued, fully paid and non-assessable, assessable and will be free and clear from all taxes, liens, claims, charges, taxes and encumbrances with respect to the issuance of such Purchased Shares and will not be subject to any pre-emptive rights or similar rights.

Appears in 1 contract

Samples: Securities Purchase Agreement (Zix Corp)

Purchased Shares. The Purchased Shares will be, upon payment therefor by the Purchasers in accordance with this Agreement, duly authorized, validly issued, fully paid and non-assessable, free from all taxes, liens, claims, encumbrances with respect to the issuance of such Purchased Shares and will not be subject to or trigger any pre-emptive rights, rights of antidilution or similar rights.

Appears in 1 contract

Samples: Securities Purchase Agreement (Wet Seal Inc)

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