Common use of Agreements and Acknowledgments Regarding Shares Clause in Contracts

Agreements and Acknowledgments Regarding Shares. Counterparty agrees and acknowledges that, in respect of any Shares delivered to Dealer (or its affiliates) hereunder, such Shares shall be newly issued (unless mutually agreed otherwise by the parties) and upon such delivery, duly and validly authorized, issued and outstanding, fully paid and nonassessable, free of any lien, charge, claim or other encumbrance and not subject to any preemptive or similar rights and shall, upon such issuance, be accepted for listing or quotation on the Exchange.

Appears in 4 contracts

Samples: Master Confirmation (Affiliated Managers Group, Inc.), Master Confirmation (Affiliated Managers Group, Inc.), Confirmation of Transaction (Affiliated Managers Group, Inc.)

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Agreements and Acknowledgments Regarding Shares. (i). Counterparty agrees and acknowledges that, in respect of any Shares delivered to Dealer (or its affiliates) hereunder, such Shares shall be newly issued (unless mutually agreed otherwise by the parties) and shall, upon such delivery, be duly and validly authorized, issued and outstanding, fully paid and nonassessable, free of any lien, charge, claim or other encumbrance and not subject to any preemptive or similar rights and shall, upon such issuance, be accepted for listing or quotation on the Exchange.

Appears in 4 contracts

Samples: Confirmation (PPL Corp), Confirmation (PPL Corp), Confirmation (PPL Corp)

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Agreements and Acknowledgments Regarding Shares. Counterparty agrees and acknowledges that, in respect of any Shares delivered to Dealer (or its affiliates) hereunder, such Shares shall be newly issued (unless mutually agreed otherwise by the parties) and upon such delivery, duly and validly authorized, issued and outstanding, fully paid and nonassessable, free of any lien, charge, claim or other encumbrance and not subject to any preemptive or similar rights and shall, upon such issuance, be accepted for listing or quotation on the Exchange.

Appears in 1 contract

Samples: Confirmation of Registered Forward Transactions (Affiliated Managers Group Inc)

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