Common use of Authorization of Issuance Clause in Contracts

Authorization of Issuance. The execution, delivery and performance of each of the Transaction Documents by the Company and the issuance of the Securities by the Company in accordance with the terms of this Agreement have been duly authorized by all necessary corporate action on the part of the Company.

Appears in 2 contracts

Samples: Common Stock Subscription Agreement, Common Stock Subscription Agreement (Eco-Stim Energy Solutions, Inc.)

AutoNDA by SimpleDocs

Authorization of Issuance. The execution, delivery and performance of each of the Transaction Documents by the Company (including, without limitation, the issuance of the Preferred Shares, the reservation for issuance and the issuance of the Securities by Conversion Shares issuable upon conversion of the Company in accordance with Preferred Shares and the terms reservation for issuance and the issuance of this Agreement the Dividend Shares) have been duly authorized by all necessary corporate action on the part of the Company.

Appears in 1 contract

Samples: Securities Purchase Agreement (Eco-Stim Energy Solutions, Inc.)

AutoNDA by SimpleDocs

Authorization of Issuance. The execution, delivery and performance of each of the Transaction Documents by the Company and the issuance of the Securities by the Company in accordance with the terms of this Agreement have been duly authorized by all necessary corporate action on the part of the Company. The Registration Rights Agreement has been amended and restated in accordance with the terms applicable thereto immediately prior to its amendment and restatement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Eco-Stim Energy Solutions, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!