Common use of Authorization of Issue Clause in Contracts

Authorization of Issue. Prior to the Closing (as defined below), the Company shall have duly authorized the delivery to the Holders of the Shares.

Appears in 3 contracts

Samples: Exchange Agreement (ATRM Holdings, Inc.), Exchange Agreement (ATRM Holdings, Inc.), Exchange Agreement (Lone Star Value Management LLC)

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Authorization of Issue. Prior to the Closing (as defined below), the Company shall have has duly authorized the delivery of the Preferred Stock to the Holders of the SharesShares in lieu of the Accrued Dividends.

Appears in 2 contracts

Samples: Series B Preferred Stock Dividend Agreement (ATRM Holdings, Inc.), Series B Preferred Stock Dividend Agreement (Lone Star Value Management LLC)

Authorization of Issue. Prior to the Closing (as defined below), the Company shall have duly authorized the delivery to the Holders Holder of the SharesUnits consisting of shares of Preferred Stock and Warrants.

Appears in 1 contract

Samples: Exchange Agreement (Cemtrex Inc)

Authorization of Issue. Prior to the Closing (as defined below)Closing, the Company shall have duly ---------------------- authorized the delivery to the Holders issuance and sale of the SharesPurchased Securities.

Appears in 1 contract

Samples: Purchase Agreement (Stein Avy H)

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Authorization of Issue. Prior to the Closing (as defined below), the Company shall have duly authorized the delivery to the Holders Holder of the Shares.

Appears in 1 contract

Samples: Exchange Agreement (AMERI Holdings, Inc.)

Authorization of Issue. Prior to the Closing (as defined below)Closing, the Company shall have ---------------------- duly authorized the delivery to the Holders issuance and sale of the SharesPurchased Securities.

Appears in 1 contract

Samples: Purchase Agreement (College Television Network Inc)

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