Common use of Validity of Common Stock Clause in Contracts

Validity of Common Stock. The Company warrants and agrees that all ------------------------ shares of Common Stock which may be issued upon the exercise of this Warrant will, upon issuance, be validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issue thereof. The Company further warrants and agrees that during the period within which this Warrant may be exercised, the Company will at all times have authorized and reserved a sufficient number of shares of Common Stock to provide for the exercise of this Warrant.

Appears in 2 contracts

Samples: Prosofttraining Com, Prosofttraining Com

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Validity of Common Stock. The Company Borrower warrants and agrees that ------------------------ all ------------------------ shares of Common Stock which may be issued upon the exercise of this Warrant will, upon issuance, be validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issue thereof. The Company Borrower further warrants and agrees that during the period within which this Warrant may be exercised, the Company Borrower will at all times have authorized and reserved a sufficient number of shares of Common Stock to provide for the exercise of this Warrant.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Prosoft I Net Solutions Inc)

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Validity of Common Stock. The Company warrants and agrees that all ------------------------ shares of Common Stock which may be issued upon the exercise of this Warrant will, upon issuance, be validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issue thereof. The Company further warrants and agrees that during the period within which this Warrant may be exercised, exercised the Company will at all times have authorized and reserved a sufficient number of shares of Common Stock to provide for the exercise of this Warrant.

Appears in 1 contract

Samples: Agreement (Centergistic Solutions Inc)

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