Common use of Validity of the Shares Clause in Contracts

Validity of the Shares. The Shares, when issued, sold and delivered in accordance with the terms of this Agreement, shall be duly and validly issued.

Appears in 2 contracts

Samples: Stock Purchase and Sale Agreement (Beckstrand Richard), Stock Purchase and Sale Agreement (Cusa Technologies Inc)

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Validity of the Shares. The Shares, when issued, sold issued and delivered in accordance with under the terms provisions of this Agreement, shall will be duly and authorized, validly issued, fully paid and nonassessable.

Appears in 1 contract

Samples: Stock Acquisition and Technology Transfer Agreement (Recom Managed Systems Inc De/)

Validity of the Shares. The Shares, when issued, sold and delivered in accordance with the terms of this Agreement, shall be duly and validly issued, fully paid and nonassessable.

Appears in 1 contract

Samples: Stock Subscription Agreement (Franklin Bancorporation Inc)

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Validity of the Shares. The Shares, when issued, sold and delivered Upon issuance in accordance with with, and payment pursuant to, the terms of this Agreementhereof, shall the Shares will be duly and validly issued, fully paid and non-assessable.

Appears in 1 contract

Samples: Trajectory Alpha Acquisition Corp.

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