Common use of Parent Common Stock Clause in Contracts

Parent Common Stock. The Parent Common Stock to be issued pursuant to the Merger has been duly authorized and will, when issued in accordance with this Agreement be validly issued, fully paid, and unassessable and will not be subject to any restrictions on resale under the Securities Act, other than restrictions imposed by Rule 145 under the Securities Act.

Appears in 8 contracts

Samples: Agreement and Plan (Harbinger Corp), Agreement and Plan of Merger and Reorganization (Healthcare Com Corp), Agreement and Plan of Merger (Peregrine Systems Inc)

AutoNDA by SimpleDocs

Parent Common Stock. The shares of Parent Common Stock to be issued in the Merger pursuant to the Merger has been duly authorized and will, when issued in accordance with Article II of this Agreement shall at the Effective Time be duly authorized, validly issued, fully paid, and unassessable nonassessable and will not be subject to any restrictions on resale under in compliance with the Securities Act, other than restrictions imposed by Rule 145 under listing rules and regulations of the Securities ActAmerican Stock Exchange.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (Wireless Telecom Group Inc), Agreement and Plan of Reorganization (Boonton Electronics Corp), Agreement and Plan of Reorganization (Wireless Telecom Group Inc)

Parent Common Stock. The Parent Common Stock to be issued pursuant to the Merger has been duly authorized and will, when issued in accordance with this Agreement Agreement, be validly issued, fully paid, paid and unassessable nonassessable and will not be subject to any restrictions on resale under the Securities Act, other than restrictions imposed by Rule 145 under the Securities Act.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Netscreen Technologies Inc), Agreement and Plan of Reorganization (Juniper Networks Inc)

Parent Common Stock. The Parent Common Stock to be issued pursuant to ------------------- the Merger has been duly authorized and will, when issued in accordance with this Agreement be validly issued, fully paid, and unassessable and will not be subject to any restrictions on resale under the Securities Act, other than restrictions imposed by Rule 145 under the Securities Act.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Netopia Inc)

AutoNDA by SimpleDocs

Parent Common Stock. The Parent Common Stock to be issued pursuant to the Merger has been duly authorized and will, when issued and delivered in accordance with this Agreement be validly issued, fully paid, paid and unassessable and nonassessable will not be subject to any restrictions on resale under the Securities Act, other than restrictions imposed by Rule 145 promulgated under the Securities Act. III.4 SEC Filings; Parent Financial Statements.

Appears in 1 contract

Samples: Warrant Agreement (Innovative Tech Systems Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.