Valid Issuance of Stock. The Issued Shares, when issued, sold and delivered in accordance with the terms of this Agreement for the consideration provided herein, will be duly and validly issued, fully paid and nonassessable.
Appears in 6 contracts
Sources: Stock Purchase Agreement (Pricesmart Inc), Stock Purchase Agreement (Pricesmart Inc), Stock Purchase Agreement (Pricesmart Inc)
Valid Issuance of Stock. The Issued Shares, when issued, sold and delivered issued as provided in accordance with the terms of this Agreement for the consideration provided hereinAgreement, will be duly and authorized, validly issued, fully paid and nonassessablenon-assessable.
Appears in 2 contracts
Sources: Share Purchase Agreement (Tengtu International Corp), Share Purchase Agreement (Tengtu International Corp)
Valid Issuance of Stock. The Issued SharesStock, when issued, sold and delivered in ----------------------- accordance with the terms of this Agreement hereof for the consideration provided hereinexpressed, will be duly and validly issued, fully paid and nonassessablenonassessable and, based in part upon the representations of the Investor in this Agreement, will be issued in compliance with all applicable federal and state securities laws. The authorized capital of the Company is as set forth in the Registration Statement.
Appears in 1 contract
Valid Issuance of Stock. The Issued Shares, when issued, sold and delivered in accordance with the terms of this Agreement for the consideration provided for herein, will be duly and validly issued, fully paid and nonassessable.
Appears in 1 contract