Valid Issuance of Stock. (a) The Purchased Shares, when paid for and issued as provided in this Agreement, will be duly authorized and validly issued, fully paid and nonassessable.
Appears in 5 contracts
Samples: Common Stock Purchase Agreement (Penthouse International Inc), Common Stock Purchase Agreement (Penthouse International Inc), Common Stock Purchase Agreement (American Pulp Exchange Inc)
Valid Issuance of Stock. (a) The Purchased Shares, when paid for and issued as provided in this Agreement, will be duly authorized and validly issued, fully paid and nonassessable.
Appears in 1 contract
Samples: Version Asset Purchase Agreement (Centerspan Communications Corp)
Valid Issuance of Stock. (a) The Purchased Sharesshares of Acquiror Stock to be issued pursuant to the transactions contemplated hereby will, when paid for upon issuance and issued as provided delivery in accordance with this Agreement, will be duly authorized and authorized, validly issued, and fully paid and nonassessable.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Optika Investment Co Inc)
Valid Issuance of Stock. (a) The Purchased Shares, when issued and paid for and issued as provided in this Agreement, Agreement will be duly authorized and validly issued, fully paid and nonassessable.
Appears in 1 contract
