Common use of Validity of Shares Clause in Contracts

Validity of Shares. The shares of Parent Common Stock to be issued in accordance with Article III hereof, when issued and delivered in accordance with the terms hereof, shall be duly authorized, validly issued, fully paid and non-assessable.

Appears in 25 contracts

Sources: Merger Agreement (China Grand Resorts, Inc.), Merger Agreement (New York Global Innovations Inc.), Merger Agreement (American Boarding Co)

Validity of Shares. The shares of Parent Common Stock to be issued in accordance with Article III hereof, when issued and delivered in accordance with the terms hereof, shall be duly authorized, and validly issued, fully paid and non-assessablenonassessable.

Appears in 4 contracts

Sources: Merger Agreement (One World Pharma, Inc.), Merger Agreement (MedaSorb Technologies CORP), Merger Agreement (Gilder Enterprises Inc)

Validity of Shares. The shares of Parent Common Stock to be issued to the Shareholders in accordance with Article III hereof, when issued and delivered in accordance with the terms hereof, shall be duly authorized, and validly issued, fully paid and non-assessablenonassessable.

Appears in 2 contracts

Sources: Merger Agreement (Cody Resources, Inc.), Merger Agreement (Cody Resources, Inc.)

Validity of Shares. The shares of Parent Common Stock Purchaser’s common stock to be issued in accordance with Article III hereof, when issued and delivered in accordance with the terms hereof, shall be duly authorized, validly issued, fully paid and non-assessable.

Appears in 2 contracts

Sources: Share Exchange Agreement (Diamond Information Institute), Share Exchange Agreement (Alba Mineral Exploration)

Validity of Shares. The shares of Parent Common Stock to be issued in accordance with Article III hereofpursuant to this Agreement, when issued and delivered in accordance with the terms hereof, hereof and the Certificate of Merger shall be duly authorized, validly issued, fully paid and non-assessablenonassessable.

Appears in 1 contract

Sources: Merger Agreement (Xedar Corp)

Validity of Shares. The shares of Parent Common Stock and Parent Preferred Stock to be issued in accordance with Article III hereof, when issued and delivered in accordance with the terms hereof, shall be duly authorized, validly issued, fully paid and non-assessable.

Appears in 1 contract

Sources: Merger Agreement (HealthTalk Live, Inc.)

Validity of Shares. The shares of Parent Common Preferred Stock to be issued in accordance with Article III hereof, when issued and delivered in accordance with the terms hereof, shall be duly authorized, validly issued, fully paid and non-assessable.

Appears in 1 contract

Sources: Merger Agreement (Precious Investments, Inc.)

Validity of Shares. The shares of Parent Common Stock to be issued in accordance with Article III hereof, when issued and delivered in accordance with the terms hereof, shall be duly authorized, validly issued, fully paid and non-assessablenonassessable.

Appears in 1 contract

Sources: Merger Agreement (Intellect Neurosciences, Inc.)