Common use of Authorization of the Common Shares Clause in Contracts

Authorization of the Common Shares. The Placement Shares, when issued and delivered, will be duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company against payment therefor pursuant to this Agreement, will be duly authorized, validly issued, fully paid and nonassessable.

Appears in 7 contracts

Sources: Sales Agreement (Electrameccanica Vehicles Corp.), Sales Agreement (Electrameccanica Vehicles Corp.), Sales Agreement (Electrameccanica Vehicles Corp.)

Authorization of the Common Shares. The Placement Shares, when issued and delivered, will be duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company against payment therefor pursuant to this Agreement, will be duly authorized, validly issued, fully paid and nonassessable. The issuance and sale of the Placement Shares is not subject to any preemptive rights, rights of first refusal or other similar rights to subscribe for or purchase the Placement Shares.

Appears in 3 contracts

Sources: Sales Agreement (Axovant Gene Therapies Ltd.), Sales Agreement (Axovant Gene Therapies Ltd.), Sales Agreement (Axovant Sciences Ltd.)

Authorization of the Common Shares. The Placement Shares, when issued and delivered, will be duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company against payment therefor pursuant to this Agreement, will be duly authorized, validly issued, fully paid and nonassessablenon-assessable.

Appears in 3 contracts

Sources: Sales Agreement (Endeavour Silver Corp), Sales Agreement (Golden Star Resources Ltd.), Sales Agreement (Endeavour Silver Corp)

Authorization of the Common Shares. The Placement Shares, when issued and delivered, will be Common Shares have been duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company against payment therefor pursuant to this Agreement, will be duly authorized, validly issued, fully paid and nonassessable.

Appears in 2 contracts

Sources: Underwriting Agreement (RFS Hotel Investors Inc), Underwriting Agreement (RFS Hotel Investors Inc)

Authorization of the Common Shares. The Placement Shares, when issued and delivered, will be Shares have been duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company against payment therefor pursuant to this Agreement, will be duly authorized, validly issued, fully paid and nonassessable.

Appears in 1 contract

Sources: Sales Agreement (Aptose Biosciences Inc.)

Authorization of the Common Shares. The Placement Shares, if and when issued and delivered, will be duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company sold against payment therefor pursuant to in accordance with this Agreement, will shall be duly authorized, validly issuedissued and outstanding, fully paid and nonassessablenon-assessable and free from all liens, charges, taxes, security interests, encumbrances, rights of first refusal, preemptive or similar rights and other encumbrances with respect to the issue thereof.

Appears in 1 contract

Sources: Sales Agreement (Roivant Sciences Ltd.)