Exercise Shares. Fully Paid and Non-assessable. The Company agrees and covenants that all Exercise Shares issuable upon the due exercise of the Warrant represented by this Warrant certificate ("Warrant Certificate") will, upon issuance and payment therefor in accordance with the terms hereof, be duly authorized, validly issued, fully paid and non-assessable and free and clear of all taxes (other than taxes which, pursuant to Section 2 hereof, the Company shall not be obligated to pay) or liens, charges, and security interests created by the Company with respect to the issuance thereof.
Appears in 3 contracts
Sources: Securities Purchase Agreement (National Health Partners Inc), Confidentiality Agreement (Stellar Technologies, Inc.), Securities Purchase Agreement (National Health Partners Inc)