Common use of Authority and Validity of Issuance of Shares Clause in Contracts

Authority and Validity of Issuance of Shares. The Shares, when -------------------------------------------- issued and delivered in accordance with the terms hereof, will be duly authorized and validly issued, fully paid and nonassessable and free of preemptive rights.

Appears in 3 contracts

Samples: Stock Purchase Agreement (American Cellular Corp /De/), Stock Purchase Agreement (American Cellular Corp /De/), Stock Purchase Agreement (American Cellular Corp /De/)

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Authority and Validity of Issuance of Shares. The Shares, when -------------------------------------------- issued and delivered in accordance with the terms hereof, will be duly authorized and validly issued, fully paid and nonassessable and free of preemptive rights.

Appears in 1 contract

Samples: Stock Purchase Agreement (Spectrum Equity Investors Lp)

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