Common use of Valid Issue Clause in Contracts

Valid Issue. Upon issuance, the Consideration Shares of restricted Company common stock issued in exchange for all the shares of Nanotailor’s capital stock shall be duly and validly authorized and issued, fully paid and non-assessable.

Appears in 3 contracts

Sources: Exchange Agreement (Nanotailor, Inc.), Exchange Agreement (Nanotailor, Inc.), Exchange Agreement (Nanotailor, Inc.)