Representation and Warranty of the Company. The Company represents and warrants to Investor that the Subscription Shares, when issued, will be duly authorized, validly issued, fully paid and nonassessable by the Company.
Appears in 2 contracts
Sources: Stock Subscription Agreement (John D. Oil & Gas Co), Stock Subscription Agreement (John D. Oil & Gas Co)
Representation and Warranty of the Company. The Company represents and warrants to Investor that the Subscription Shares, when issued, will be duly authorizedauthorized and validly issued by the Company, validly issued, but not fully paid and nonassessable by until the CompanyCompany receives the Purchase Price from Investor.
Appears in 1 contract
Sources: Stock Subscription Agreement (Paragon Real Estate Equity & Investment Trust)
Representation and Warranty of the Company. The Company represents and warrants to Investor that the Subscription Shares, when issued, will be duly authorizedauthorized and validly issued by the Company, validly issued, but not fully paid and nonassessable by until the CompanyCompany receives the Purchase Price from Investor in the form of services as an officer for the two-year period.
Appears in 1 contract
Sources: Stock Subscription Agreement (Paragon Real Estate Equity & Investment Trust)
Representation and Warranty of the Company. The Company represents and warrants to Investor that (a) the Subscription Shares, when issued, will be duly authorized, validly issued, fully paid and nonassessable by the CompanyCompany and (b) the issuance of the Subscription Shares will not entitle any holder of Common Shares to preemptive rights.
Appears in 1 contract