Common use of VALID ISSUANCES Clause in Contracts

VALID ISSUANCES. When issued and paid for as herein provided, the Put Shares shall be duly and validly issued, fully paid, and non-assessable. The sales of the Put Shares pursuant to this Agreement, and the Company's performance of its obligations hereunder, shall not (a) result in the creation or imposition of any liens, charges, claims or other encumbrances upon the Put Shares, or any of the assets of the Company, or (b) entitle the holders of outstanding shares of Common Stock to preemptive or other rights to subscribe to or acquire the Common Stock or other securities of the Company. The Put Shares shall not subject Investor to personal liability, in excess of the subscription price by reason of the ownership thereof.

Appears in 76 contracts

Sources: Equity Purchase Agreement (Wikisoft Corp.), Equity Purchase Agreement (Innerscope Hearing Technologies, Inc.), Equity Purchase Agreement (Consorteum Holdings, Inc.)

VALID ISSUANCES. When issued and paid for as herein provided, the Put Shares shall be duly and validly issued, fully paid, and non-assessable. The sales of the Put Shares pursuant to this Agreement, and the Company's ’s performance of its obligations hereunder, shall not (a) result in the creation or imposition of any liens, charges, claims or other encumbrances upon the Put Shares, or any of the assets of the Company, or (b) entitle the holders of outstanding shares of Common Stock to preemptive or other rights to subscribe to or acquire the Common Stock or other securities of the Company. The Put Shares shall not subject Investor to personal liability, in excess of the subscription price by reason of the ownership thereof.

Appears in 9 contracts

Sources: Equity Purchase Agreement (Quanta Inc), Equity Purchase Agreement (Evans Brewing Co Inc.), Equity Purchase Agreement (Cardax, Inc.)

VALID ISSUANCES. When issued issued, and paid for as herein provided, the Put Shares shall be duly and validly issued, fully paid, and non-assessable. The sales of the Put Shares pursuant to this Agreement, and the Company's performance of its obligations hereunder, shall not (a) result in the creation or imposition of any liens, charges, claims or other encumbrances upon the Put Shares, or any of the assets of the Company, or (b) entitle the holders of outstanding shares of Common Stock to preemptive or other rights to subscribe to or acquire the Common Stock or other securities of the Company. The Put Shares shall not subject Investor to personal liability, in excess of the subscription price by reason of the ownership thereof.

Appears in 2 contracts

Sources: Equity Purchase Agreement (Kelvin Medical, Inc.), Equity Purchase Agreement (Eco Science Solutions, Inc.)

VALID ISSUANCES. When issued and paid for as herein provided, the Put Shares shall be duly and validly issued, fully paid, and non-assessable. The sales of the Put Shares pursuant to this Agreement, and the Company's performance of its obligations hereunder, shall not (a) result in the creation or imposition of any liens, charges, claims or other encumbrances upon the Put Shares, She; or any of the assets of the Company, or (b) entitle the holders of outstanding shares of Common Stock to preemptive or other rights to subscribe to or acquire the Common Stock or other securities of the Company. The Put Shares shall not subject Investor to personal liability, in excess of the subscription price by reason of the ownership thereof.

Appears in 2 contracts

Sources: Equity Purchase Agreement (Oxford City Football Club, Inc.), Equity Purchase Agreement (Media Assets Group, Inc.)

VALID ISSUANCES. When issued and paid for as herein provided, the Put Shares shall be duly and validly issued, fully paid, and non-assessable. The sales Neither the sale of the Put Shares pursuant to this Agreement, and nor the Company's ’s performance of its obligations hereunder, shall not (a) result in the creation or imposition of any liens, charges, claims or other encumbrances upon the Put Shares, or any of the assets of the Company, or (b) entitle the holders of outstanding shares of Common Stock to preemptive or other rights to subscribe to or acquire the Common Stock or other securities of the Company. The Put Shares shall not subject Investor to personal liability, in excess of the subscription price by reason of the ownership thereof.

Appears in 2 contracts

Sources: Equity Purchase Agreement (El Capitan Precious Metals Inc), Equity Purchase Agreement (El Capitan Precious Metals Inc)

VALID ISSUANCES. When issued and paid for as herein provided, the Put Shares shall be duly and validly issued, fully paid, and non-assessable. The Neither the sales of the Put Shares pursuant to this Agreement, and Agreement nor the Company's ’s performance of its obligations hereunder, hereunder shall not (a) result in the creation or imposition of any liens, charges, claims or other encumbrances upon the Put Shares, or any of the assets of the Company, or (b) entitle the holders of outstanding shares of Common Stock to preemptive or other rights to subscribe to or acquire the Common Stock or other securities of the Company. The Put Shares shall not subject Investor to personal liability, in excess of the subscription price by reason of the ownership thereof.

Appears in 2 contracts

Sources: Equity Purchase Agreement (El Capitan Precious Metals Inc), Equity Purchase Agreement (MusclePharm Corp)

VALID ISSUANCES. When issued and paid for as herein provided, the Put Shares shall be duly and validly issued, fully paid, and non-assessable. The sales of the Put Shares pursuant to this Agreement, . and the Company's ’s performance of its obligations hereunder, shall not (a) result in the creation or imposition of any liens, charges, claims or other encumbrances upon the Put Shares, or any of the assets of the Company, or (b) entitle the holders of outstanding shares of Common Stock to preemptive or other rights to subscribe to or acquire the Common Stock or other securities of the Company. The Put Shares shall not subject Investor to personal liability, in excess of the subscription price by reason of the ownership thereof.

Appears in 2 contracts

Sources: Equity Purchase Agreement (Momentous Entertainment Group Inc), Equity Purchase Agreement (Momentous Entertainment Group Inc)

VALID ISSUANCES. When issued and paid for as herein provided, the Put Shares shall be duly and validly issued, fully paid, and non-assessable. The sales of the Put Shares pursuant to this Agreement, and the Company's performance of its obligations hereunder, shall not (a) result in the creation or imposition of any liens, charges, claims or other encumbrances upon the Put Shares, or any of the assets of the Company, or (b) entitle the holders of outstanding shares of Common Stock Shares to preemptive or other rights to subscribe to or acquire the Common Stock Shares or other securities of the Company. The Put Shares shall not subject Investor to personal liability, in excess of the subscription price by reason of the ownership thereof.

Appears in 1 contract

Sources: Equity Purchase Agreement (Algae Dynamics Corp.)

VALID ISSUANCES. When issued and paid for as herein provided, the Put Shares shall be duly and validly issued, fully paid, and non-assessable. The Neither the sales of the Put Shares pursuant to this Agreement, and Agreement nor the Company's performance of its obligations hereunder, hereunder shall not (a) result in the creation or imposition of any liens, charges, claims or other encumbrances upon the Put Shares, or any of the assets of the Company, or (b) entitle the holders of outstanding shares of Common Stock to preemptive or other rights to subscribe to or acquire the Common Stock or other securities of the Company. The Put Shares shall not subject Investor to personal liability, in excess of the subscription price by reason of the ownership thereof.

Appears in 1 contract

Sources: Equity Purchase Agreement (Left Behind Games Inc.)

VALID ISSUANCES. When issued and paid for as herein provided, the Put Shares shall be duly and validly issued, fully paid, and non-assessablenonassessable. The Neither the sales of the Put Shares pursuant to this Agreementto, and nor the Company's ’s performance of its obligations hereunderunder, this Agreement shall not (a) result in the creation or imposition of any liens, charges, claims or other encumbrances upon the Put Shares, Shares or any of the assets of the Company, or (b) entitle the holders of outstanding shares of Common Stock Outstanding Ordinary Shares to preemptive or other rights to subscribe to or acquire the Common Stock Ordinary Shares or other securities of the Company. The Put Shares shall not subject Investor to personal liability, in excess of the subscription price by reason of the ownership thereof.

Appears in 1 contract

Sources: Equity Credit Agreement (Amarin Corp Plc\uk)

VALID ISSUANCES. When issued and paid for as herein providedand issued in accordance with the terms of this Agreement, the Put Shares shall be duly and validly issued, fully paid, and non-assessablenonassessable. The Neither the sales of the Put Shares pursuant to this Agreementto, and nor the Company's performance of its obligations hereunder, shall not under this Agreement will (ai) result in the creation or imposition of any liens, charges, claims or other encumbrances upon the Put Shares, Shares or any of the assets of the Company, or (bii) entitle the holders of outstanding shares of Common Stock Outstanding Capital Shares to preemptive or other rights to subscribe to or acquire the Common Stock Capital Shares or other securities of the Company. The Put Shares shall not subject the Investor to personal liability, in excess of the subscription price liability by reason of the ownership possession thereof.

Appears in 1 contract

Sources: Equity Line of Credit Agreement (Homeseekers Com Inc)

VALID ISSUANCES. When issued and paid for as herein provided, the Put Shares shall be duly and validly issued, fully paid, and non-assessablenonassessable. The Neither the sales of the Put Shares pursuant to this Agreementto, and nor the Company's performance of its obligations hereunderunder, this Agreement shall not (a) result in the creation or imposition of any liens, charges, claims or other encumbrances upon the Put Shares, Shares or any of the assets of the Company, or (b) entitle the holders of outstanding shares of Outstanding Common Stock to preemptive or other rights to subscribe to or acquire the Common Stock or other securities of the Company. The Put Shares shall not subject Investor to personal liability, in excess of the subscription price liability by reason of the ownership thereof.

Appears in 1 contract

Sources: Equity Credit Agreement (Spatialight Inc)