Common use of Validity of Shares Clause in Contracts

Validity of Shares. When issued upon the exercise of this Warrant as contemplated herein, the shares of Common Stock so issued will have been validly issued and will be fully paid and nonassessable. On the date hereof, the par value of the Common Stock is less than the Exercise Price per share of Common Stock.

Appears in 14 contracts

Samples: Digital Theater Systems Inc, Prospect Medical Holdings Inc, Prospect Medical Holdings Inc

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Validity of Shares. When issued upon the exercise of this Warrant as contemplated herein, the shares of Common Stock so issued will have been validly issued and will be fully paid and nonassessable. On the date hereof, the par value of the Common Stock is less than the Exercise Price per share of Common Stock.

Appears in 6 contracts

Samples: Adam Inc, Aris Industries Inc, Park N View Inc

Validity of Shares. When issued upon the exercise of this ------------------ Warrant as contemplated herein, the shares of Common Stock so issued will have been validly issued and will be fully paid and nonassessable. On the date hereof, the par value of the Common Stock is less than the Exercise Price per share of Common Stock.

Appears in 3 contracts

Samples: Pcsupport Com Inc, Pcsupport Com Inc, Pcsupport Com Inc

Validity of Shares. When issued upon the exercise of this Warrant as contemplated hereinherein or pursuant to the Loan Agreement, the shares of Common Stock so issued will have been validly issued and will be fully paid and nonassessable. On the date hereof, the par value of the Common Stock is less than the Exercise Price per share of Common Stock.

Appears in 1 contract

Samples: Unison Healthcare Corp

Validity of Shares. When issued upon the exercise of this Warrant as contemplated herein, the shares of Common Stock so issued Warrant Shares will have been validly issued and will be fully paid and nonassessable. On the date hereof, the par value of the Common Stock is less than the Exercise Price per share of Common Stock.

Appears in 1 contract

Samples: Softnet Systems Inc

Validity of Shares. When issued upon the exercise of this Warrant as contemplated herein, the shares of Common Stock so issued will have been validly issued and will be fully paid and nonassessable. On the date hereof, the par value nonassessable and without violation of the Common Stock is less than the Exercise Price per share of Common Stockany preemptive or similar rights.

Appears in 1 contract

Samples: Credit Agreement (Cellular Dynamics International, Inc.)

Validity of Shares. When issued upon the exercise of this Warrant the Warrants as contemplated herein, the shares of Common Stock so issued will have been validly issued and will be fully paid and nonassessable. On the date hereof, the par value of the Common Stock is less than the Exercise Price per share of Common Stock.

Appears in 1 contract

Samples: Warrant Agreement (Monitronics International Inc)

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Validity of Shares. When issued upon the exercise of this Warrant as contemplated herein, the shares of Common Stock stock so issued will have been validly issued and will be fully paid and nonassessable. On the date hereof, the par value of the Common Stock is less than the Exercise Price per share of Common Stock.

Appears in 1 contract

Samples: Commonwealth Energy Corp

Validity of Shares. When issued upon the exercise of this Warrant as contemplated hereinherein or when issued in payment of the Note, the shares of Common Stock so issued will have been validly issued and will be fully paid and nonassessable. On the date hereof, the par value of the Common Stock is less than the Exercise Price per share of Common Stock.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cooper Companies Inc)

Validity of Shares. When issued upon the exercise of this --------------------- Warrant as contemplated herein, the shares of Common Stock so issued will have been validly issued and will be fully paid and nonassessable. On the date hereof, the par value of the Common Stock is less than the Exercise Price per share of Common Stock.

Appears in 1 contract

Samples: Pcsupport Com Inc

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