Validly Issued. Upon issuance of the Common Stock identified in Section l of this Agreement, such Common Stock shall be validly issued and outstanding, fully paid, non-assessable and free and clear of all liens and encumbrances arising through the actions of the Corporation or its directors, officers employees or agents.
Appears in 1 contract
Samples: Debt Conversion Agreement (Alternative Investment Corp)
Validly Issued. Upon issuance of the Common Stock identified in Section l of this Agreement, such Common Stock shall be validly issued and outstanding, fully paid, non-assessable nonassessable and free and clear of all liens and encumbrances arising through the actions of the Corporation or its directors, officers office,rs employees or agents.
Appears in 1 contract
Samples: Debt Conversion Agreement (Alternative Investment Corp)
Validly Issued. Upon issuance of the Common Stock identified in Section l 1 of this Agreement, such Common Stock shall be validly issued and outstanding, fully paid, non-assessable nonassessable and free and clear of all liens and encumbrances arising through the actions of the Corporation or its directors, officers officers, employees or agents.
Appears in 1 contract
Samples: Debt Conversion Agreement (Alternative Investment Corp)
Validly Issued. Upon issuance of the Common Stock identified in Section l 1 of this Agreement, such Common Stock shall be validly issued and outstanding, fully paid, non-assessable and free and clear of all liens and encumbrances arising through the actions of the Corporation or its directors, officers officers, employees or agents.
Appears in 1 contract
Samples: Debt Conversion Agreement (Alternative Investment Corp)