Common use of The Consideration Shares Clause in Contracts

The Consideration Shares. The Consideration Shares to be issued pursuant to Section 3.2 of this Agreement will be duly authorized, validly issued, fully paid and non-assessable and will not be subject to preemptive rights created by statute, Purchaser's organizational documents or any agreement to which Purchaser is a party or by which it is bound.

Appears in 1 contract

Sources: Master Sale and Purchase Agreement (Finisar Corp)

The Consideration Shares. The Consideration Shares to be issued pursuant to Section 3.2 3.1 of this Agreement will be duly authorized, validly issued, fully paid and non-assessable and will not be subject to preemptive rights created by statute, Purchaser's organizational documents or any agreement to which Purchaser is a party or by which it is bound. As of the Closing Date, the Consideration Shares will be authorized for listing on the Nasdaq National Market (herein "NNM"), subject to official notice of issuance.

Appears in 1 contract

Sources: Master Sale and Purchase Agreement (Finisar Corp)