Common use of Stock Consideration Clause in Contracts

Stock Consideration. The issuance of the Stock Consideration to the Seller has been duly authorized and, when issued in accordance with the terms of this Agreement, will be validly issued, fully paid and nonassessable.

Appears in 5 contracts

Samples: Stock Purchase Agreement (International Microcomputer Software Inc /Ca/), Stock Purchase Agreement (Jupitermedia Corp), Stock Purchase Agreement (International Microcomputer Software Inc /Ca/)

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Stock Consideration. The issuance of the Stock Consideration to the Seller Sellers has been duly authorized by Parent and, when issued in accordance with the terms of this Agreement, the Shares will be validly issued, fully paid and nonassessablenonassessable and will be free and clear of any and all Liens other than those arising under this Agreement.

Appears in 1 contract

Samples: Equity Purchase Agreement (Jupitermedia Corp)

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Stock Consideration. The issuance of the Stock Consideration to the Seller Shareholders has been duly authorized and, when issued in accordance with the terms of this Agreement, will be validly issued, fully paid and nonassessable. Except as otherwise provided in this Agreement, the Stock Consideration and the issuance thereof to the Shareholders will be free and clear of all preemptive (or similar) rights, taxes and Liens other than those created or suffered to exist by the Shareholders.

Appears in 1 contract

Samples: Stock Purchase Agreement (International Microcomputer Software Inc /Ca/)

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