Common use of Authorization of the Offered Shares Clause in Contracts

Authorization of the Offered Shares. The Offered Shares to be purchased by the Underwriters from the Company have been duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company pursuant to this Agreement, will be validly issued, fully paid and nonassessable.

Appears in 12 contracts

Sources: Underwriting Agreement (Wireless Ronin Technologies Inc), Underwriting Agreement (Aries Maritime Transport LTD), Underwriting Agreement (Accentia Biopharmaceuticals Inc)

Authorization of the Offered Shares. The Offered Shares to be purchased by the Underwriters from the Company have been duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company pursuant to this Agreement, will be validly issued, fully paid paid, and nonassessablenon-assessable.

Appears in 6 contracts

Sources: Underwriting Agreement (BFC Financial Corp), Underwriting Agreement (Novastar Financial Inc), Underwriting Agreement (Novastar Financial Inc)

Authorization of the Offered Shares. The Offered Shares to be purchased by the Underwriters Underwriter from the Company have been duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company pursuant to this Agreement, will be validly issued, fully paid and nonassessable.

Appears in 3 contracts

Sources: Underwriting Agreement (Wireless Ronin Technologies Inc), Underwriting Agreement (American Retirement Corp), Underwriting Agreement (American Retirement Corp)

Authorization of the Offered Shares. The Offered Shares to be purchased by the Underwriters from the Company have been duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company pursuant to this Agreement, will be validly issued, fully paid and nonassessable. The Offered Shares to be purchased by the Underwriters from the Selling Stockholder have been duly authorized, validly issued, fully paid and nonassessable.

Appears in 1 contract

Sources: Underwriting Agreement (Patriot Capital Funding, Inc.)

Authorization of the Offered Shares. The Offered Shares to be purchased by the Underwriters Underwriter from the Company have been duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company pursuant to this Agreement, will be validly issued, fully paid paid, and nonassessablenon-assessable.

Appears in 1 contract

Sources: Underwriting Agreement (Nuvelo Inc)

Authorization of the Offered Shares. The Offered Shares to be purchased by the Underwriters Underwriter from the Company have been duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company pursuant to this Agreement, will be validly issued, fully paid and nonassessablenonassessable and will be issued in compliance with federal and state securities laws.

Appears in 1 contract

Sources: Underwriting Agreement (Patriot Capital Funding, Inc.)

Authorization of the Offered Shares. The Offered Shares to be purchased sold by the Company through the Underwriters from the Company have been duly and validly authorized by all required corporate action and have been reserved for issuance and sale pursuant to this Agreement and, when so issued and delivered by the Company pursuant to this AgreementCompany, will be validly issued, fully paid and nonassessablenon-assessable, free and clear of all Liens (as defined in subsection (r)) imposed by the Company. The Company has sufficient Ordinary Shares for the issuance of the maximum number of Firm Shares as described in the Prospectus.

Appears in 1 contract

Sources: Underwriting Agreement (Smart Logistics Global LTD)

Authorization of the Offered Shares. The Offered Shares to be purchased by the Underwriters from the Company have been duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company pursuant to this Agreement, will be validly issued, fully paid paid, and nonassessablenon-assessable, will be issued in compliance with all applicable securities laws, and will be free of preemptive, registration or similar rights and will conform to the description of the Common Stock of the Company contained in the Registration Statement, the General Disclosure Package and the Prospectus.

Appears in 1 contract

Sources: Underwriting Agreement (MeetMe, Inc.)

Authorization of the Offered Shares. The Offered Shares to be purchased by the Underwriters from the Company 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 validly issued, fully paid and nonassessable.

Appears in 1 contract

Sources: Underwriting Agreement (Brantley Mezzanine Capital Corp)

Authorization of the Offered Shares. The Offered Shares to be purchased by the Underwriters from the Company have been duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company pursuant to this Agreement, will be validly issued, fully paid and nonassessable, and the issuance of such Offered Shares will not be subject to any preemptive or similar rights.

Appears in 1 contract

Sources: Underwriting Agreement (Richardson Electronics LTD/De)

Authorization of the Offered Shares. The Offered Shares to be purchased by the Underwriters from the Company have been duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company pursuant to this Agreement, will be validly issued, fully paid and nonassessablenonassessable and will be issued in compliance with federal and state securities laws.

Appears in 1 contract

Sources: Underwriting Agreement (Patriot Capital Funding, Inc.)

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

Appears in 1 contract

Sources: Underwriting Agreement (Warren Resources Inc)

Authorization of the Offered Shares. The Offered Shares to be purchased by the Underwriters from the Company have been duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company pursuant to this Agreement, will be validly issued, fully paid and nonassessablenon-assessable.

Appears in 1 contract

Sources: Underwriting Agreement (Genco Shipping & Trading LTD)

Authorization of the Offered Shares. The Offered Shares to be purchased by the Underwriters from the Company have been duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company pursuant to this Agreement, will be validly issued, fully paid and nonassessable. The Offered Shares to be purchased by the Underwriters from the Selling Stockholders have been duly authorized, validly issued, fully paid and nonassessable.

Appears in 1 contract

Sources: Underwriting Agreement (Patriot Capital Funding, Inc.)