Common use of Authorization of Apple South Stock Clause in Contracts

Authorization of Apple South Stock. The shares of the Apple South Stock to be issued pursuant to Paragraph 3.2 have been duly authorized for issuance at the Closing and upon issuance in accordance with this Agreement will constitute duly authorized, fully paid and non- ---------------------------------- assessable shares of Common Stock of Apple South.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Apple South Inc), Agreement and Plan of Merger (Apple South Inc)

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Authorization of Apple South Stock. The shares of the Apple South Stock to be issued pursuant to Paragraph 3.2 have been duly authorized for issuance at the Closing and upon issuance in accordance with this Agreement will constitute duly authorized, fully paid and non- ---------------------------------- non-assessable shares of Common Stock of Apple South.

Appears in 1 contract

Samples: Asset Purchase Agreement (Apple South Inc)

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Authorization of Apple South Stock. The shares of the Apple South Stock to be issued pursuant to Paragraph 3.2 (i) have been duly authorized for issuance at the Closing and upon issuance in accordance with this Agreement will constitute duly authorized, fully paid and non- ---------------------------------- non-assessable shares of Common Stock of Apple South, and (ii) will have been approved for inclusion on the National Market System of the Nasdaq Stock Market.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Apple South Inc)

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