Exchanged Shares. The Exchanged Shares and the Parent Units, when issued to the Stockholder pursuant to the Rollover, will be duly authorized, validly issued and outstanding, fully paid and non-assessable, and issued free and clear of any Liens, other than those created by the organizational documents of Parent or arising under applicable securities Laws.
Appears in 6 contracts
Sources: Support Agreement (Vacasa, Inc.), Support Agreement (Vacasa, Inc.), Support Agreement (Vacasa, Inc.)
Exchanged Shares. The Exchanged Shares and the Parent Units(which shall be Series B Preferred Units of Parent), when issued to the Stockholder Stockholders pursuant to the Rollover, will be duly authorized, validly issued and outstanding, fully paid and non-assessable, and issued free and clear of any Liens, other than those created by the organizational documents of Parent or arising under applicable securities Laws.
Appears in 1 contract
Sources: Rollover Agreement (Oaktree Capital Group Holdings GP, LLC)