Closing Shares. The Closing Shares have been duly authorized for such issuance and, when issued and delivered by Buyer in accordance with the provisions of this Agreement, will be validly issued, fully paid, and nonassessable. The issuance of the Closing Shares under this Agreement is not subject to any preemptive or similar rights.
Appears in 3 contracts
Sources: Purchase and Sale Agreement (Future Petroleum Corp/Ut/), Purchase and Sale Agreement (Future Petroleum Corp/Ut/), Purchase and Sale Agreement (Encap Investments L C)
Closing Shares. The Closing Shares issuable pursuant to this Agreement have been duly authorized for such issuance andauthorized, and when issued and delivered by Buyer in accordance with the provisions of this Agreementterms hereof, will be validly issued, fully paid, paid and nonassessable. The issuance non-assessable and free of the Closing Shares under this Agreement is not subject to any preemptive or similar pre-emptive rights.
Appears in 3 contracts
Sources: Contribution Agreement (Platinum Research Organization, Inc.), Contribution Agreement (Platinum Research Organization, Inc.), Partnership Interest Purchase Agreement (Navarre Corp /Mn/)
Closing Shares. The Closing Shares have been duly authorized for such issuance andShares, when issued and delivered by Buyer in accordance with to Seller pursuant to the provisions terms of this Agreement, will be duly authorized, validly issued, fully paid, paid and nonassessable. The issuance of the Closing Shares under this Agreement is not subject to any preemptive or similar rightsnon-assessable.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Reviv3 Procare Co), Asset Purchase Agreement (Reviv3 Procare Co)
Closing Shares. The Closing Shares have been duly authorized for such issuance and, when issued and delivered by Buyer Future in accordance with the provisions of this Agreement, will be validly issued, fully paid, and nonassessable. The issuance of the Closing Shares under this Agreement is not subject to any preemptive or similar rights.
Appears in 1 contract
Sources: Note Restructuring Agreement (Encap Equity 1994 Limited Partnership)