Common use of Validly Issued Clause in Contracts

Validly Issued. The Common Stock, when issued, will be duly authorized, validly and legally issued, and non-assessable.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Zevex International Inc), Stock Purchase Agreement (Zevex International Inc)

Validly Issued. The Common Stock, when issued, will be duly authorized, validly and legally issued, and non-assessable.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Weed Growth Fund, Inc.), Stock Purchase Agreement (City Media, Inc.)

Validly Issued. The Common Stock, when issued, will be duly -------------- authorized, validly and legally issued, and non-assessable.

Appears in 1 contract

Sources: Stock Purchase Agreement (Abss Corp)