Examples of Purchased Securities in a sentence
The Company has the full power and authority to issue the Purchased Securities.
The issuance of the Purchased Securities has been duly authorized and, when issued and delivered against payment of the consideration set forth herein, the Purchased Securities will be validly issued as fully paid and non-assessable Common Shares and, subject to applicable Securities Laws, will be listed on the TSX and be freely transferable.
The Investor: (i) has been duly incorporated and is validly existing under the laws of its respective jurisdiction of incorporation; (ii) has all requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder and (iii) was not created solely for the purpose of the subscriptions of the Purchased Securities contemplated by this Agreement.