Common use of Authorization of Debentures Clause in Contracts

Authorization of Debentures. The issuance of the Debentures by BlackBerry to the Purchasers in accordance with the terms of this Agreement has been authorized by all necessary action of BlackBerry, and upon payment therefor in accordance with this Agreement, the Debentures will be validly issued and outstanding.

Appears in 4 contracts

Samples: Subscription Agreement (BLACKBERRY LTD), Subscription Agreement (Fairfax Financial Holdings LTD/ Can), Subscription Agreement (BLACKBERRY LTD)

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Authorization of Debentures. The issuance of the Debentures by BlackBerry to the Purchasers in accordance with the terms of this Agreement has been authorized by all necessary action of BlackBerry, and upon payment therefor in accordance with this Agreement, the Debentures will be validly issued and outstanding.;

Appears in 1 contract

Samples: Subscription Agreement (Fairfax Financial Holdings LTD/ Can)

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