Common use of Absence of Rights to Acquire Securities Clause in Contracts

Absence of Rights to Acquire Securities. Other than as set out in this Agreement or as set forth in the Target Disclosure Statement, no Person has any agreement, right or option, present or future, contingent, absolute or capable of becoming an agreement, right or option or which with the passage of time or the occurrence of any event could become an agreement, right or option: (a) to require the Target to issue any further or other shares in its capital or any other security convertible or exchangeable into shares in its capital or to convert or exchange any securities into or for shares in the capital of the Target; (b) for the issue or allotment of any unissued shares in the capital of the Target; (c) to require the Target to purchase, redeem or otherwise acquire any of the issued and outstanding Target Shares or other securities of the Target; or (d) to purchase or otherwise acquire from the Target any interest in the Property or any of the Target Assets.

Appears in 5 contracts

Samples: Share Exchange Agreement (Swingplane Ventures, Inc.), Share Exchange Agreement (Swingplane Ventures, Inc.), Share Exchange Agreement (Swingplane Ventures, Inc.)

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Absence of Rights to Acquire Securities. Other than as set out in this Agreement or as set forth in the Target Disclosure StatementAgreement, no Person has any agreement, right or option, present or future, contingent, absolute or capable of becoming an agreement, right or option or which with the passage of time or the occurrence of any event could become an agreement, right or option: (a) to require the Target to issue any further or other shares in its capital or any other security convertible or exchangeable into shares in its capital or to convert or exchange any securities into or for shares in the capital of the Target; (b) for the issue or allotment of any unissued shares in the capital of the Target; (c) to require the Target to purchase, redeem or otherwise acquire any of the issued and outstanding Target Shares or other securities shares in the capital of the Target; or (d) to purchase or otherwise acquire from the Target any interest in the Property Shares or any of the Target Assetsthem.

Appears in 4 contracts

Samples: Share Exchange Agreement (ALKALINE WATER Co INC), Share Exchange Agreement (Teckmine Industries Inc.), Share Exchange Agreement (Qwick Media Inc.)

Absence of Rights to Acquire Securities. Other than as set out in this Agreement or as set forth in the Target Disclosure Statement, no Person has any agreement, right Contract or optionright, present or future, contingent, absolute or capable of becoming an agreementa Contract, right or option right, or which which, with the passage of time or the occurrence of any event could become an agreement, right a Contract or optionright: (a) to require the Target to issue any further or other shares in its capital or any other security convertible or exchangeable into shares in its capital or to convert or exchange any securities into or for shares in the capital of the Targetits capital; (b) for the issue or allotment of any unissued shares in the capital of the Target; (c) to require the Target to purchase, redeem or otherwise acquire any of the issued and outstanding Target Shares or other securities shares in the capital of the Target; or (d) to purchase or otherwise acquire from the Target any interest in the Property Shares or any of the Target Assetsthem.

Appears in 2 contracts

Samples: Securities Exchange Agreement, Merger Agreement

Absence of Rights to Acquire Securities. Other than as set out in this Agreement or as set forth in the Target Disclosure StatementSchedule, no Person has any agreement, right Contract or optionright, present or future, contingent, absolute or capable of becoming an agreementa Contract, right or option right, or which which, with the passage of time or the occurrence of any event could become an agreement, right a Contract or optionright: (a) to require the Target to issue any further or other shares membership interest or other securities in its capital or any other security convertible or exchangeable into shares membership interest or other securities in its capital or to convert or exchange any securities into or for shares membership interest or other securities in the capital of the Targetits capital; (b) for the issue or allotment of any unissued shares in the capital of the Target; (c) to require the Target to purchase, redeem or otherwise acquire any of the issued and outstanding Target Shares membership interest or other securities security in the capital of the Target; or (d) to purchase or otherwise acquire from the Target any interest in the Property Securities or any of the Target Assetsthem.

Appears in 1 contract

Samples: Securities Exchange Agreement

Absence of Rights to Acquire Securities. Other than as set out in this Agreement or as set forth in the Target Disclosure StatementSchedule, no Person has any agreement, right Contract or optionright, present or future, contingent, absolute or capable of becoming an agreementa Contract, right or option right, or which which, with the passage of time or the occurrence of any event could become an agreement, right a Contract or optionright: (a) to require the Target or any Target Predecessor to issue any further or other shares in its capital or any other security convertible or exchangeable into shares in its capital or to convert or exchange any securities into or for shares in the capital of the Targetits capital; (b) for the issue or allotment of any unissued shares in the capital of the TargetTarget or any Target Predecessor; (c) to require the Target or any Target Predecessor to purchase, redeem or otherwise acquire any of the issued and outstanding Target Shares or other securities shares in the capital of the TargetTarget or the Target Predecessor; or (d) to purchase or otherwise acquire from the Target any interest in the Property Shares or any of the Target Assetsthem.

Appears in 1 contract

Samples: Share Exchange Agreement (Be at TV, Inc.)

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Absence of Rights to Acquire Securities. Other than as set out in this Agreement or as set forth in the Target Disclosure StatementSchedule, no Person has any agreementContract, right or option, present or future, contingent, absolute or capable of becoming an agreementa Contract, right or option option, or which which, with the passage of time or the occurrence of any event could become an agreementa Contract, right or option: (a) to require the Target to issue any further or other shares in its capital or any other security convertible or exchangeable into shares in its capital or to convert or exchange any securities into or for shares in the capital of the Targetits capital; (b) for the issue or allotment of any unissued shares in the capital of the Target; (c) to require the Target to purchase, redeem or otherwise acquire any of the issued and outstanding Target Shares or other securities shares in the capital of the Target; or (d) to purchase or otherwise acquire from the Target any interest in the Property Shares or any of the Target Assetsthem.

Appears in 1 contract

Samples: Share Exchange Agreement (Global System Designs, Inc.)

Absence of Rights to Acquire Securities. Other than as set out in this Agreement or as set forth in the Target Disclosure Statement, no Person has any agreement, right or option, present or future, contingent, absolute or capable of becoming an agreement, right or option or which with the passage of time or the occurrence of any event could become an agreement, right or option: (a) to require the Target to issue any further or other shares in its capital or any other security convertible or exchangeable into shares in its capital or to convert or exchange any securities into or for shares in the capital of the Target; (b) for the issue or allotment of any unissued shares in the capital of the Target;; or (c) to require the Target to purchase, redeem or otherwise acquire any of the issued and outstanding Target Shares or other securities of the Target; or (d) to purchase or otherwise acquire from the Target any interest in the Property or any of the Target AssetsShares.

Appears in 1 contract

Samples: Share Exchange Agreement (Newcastle Resources Ltd.)

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