Common use of Due Issuance Clause in Contracts

Due Issuance. The Purchaser Common Stock have been validly reserved and ------------ allotted for issuance to the Stockholders, and at Closing the Purchaser Common Stock will be validly issued to the Stockholders as fully-paid and non-assessable.

Appears in 2 contracts

Sources: Share Exchange Agreement (Koala International Wireless Inc), Share Exchange Agreement (Koala International Wireless Inc)

Due Issuance. The Purchaser Common Stock have been validly reserved and ------------ allotted for issuance to the StockholdersPartners, and at Closing the Purchaser Common Stock will be validly issued to the Stockholders Partners as fully-paid and non-assessable.

Appears in 1 contract

Sources: Share Exchange Agreement (Koala International Wireless Inc)