Authorization of Pledged Shares Sample Clauses

Authorization of Pledged Shares. The Pledged Shares of such Pledgor are duly authorized and validly issued, are fully paid and nonassessable and are not subject to the preemptive rights of any Person. All other shares of stock constituting Pledged Collateral will be duly authorized and validly issued, fully paid and nonassessable and not subject to the preemptive rights of any Person.
Authorization of Pledged Shares. All of the Pledged Shares are duly authorized and validly issued, are fully paid and nonassessable and are not subject to the preemptive first-refusal or other similar rights of any person. All interests hereafter constituting Pledged Collateral will be duly authorized and validly issued, fully paid and nonassessable and not subject to any preemptive, first-refusal or other similar rights of any person, except as may be provided under applicable law.
Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are fully paid and, subject to Section 180.0622 of the Wisconsin General Statutes in the case of the Pledged Shares in any Subsidiary formed under the laws of the State of Wisconsin, nonassessable and are not subject to the preemptive rights of any Person.
Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are fully paid and nonassessable and are not subject to the preemptive rights of any Person. All other shares of stock constituting Pledged Collateral will be duly authorized and validly issued, fully paid and nonassessable and not subject to the preemptive rights of any Person. 139 122
Authorization of Pledged Shares. All Pledged Shares: (i) are duly authorized, validly issued, fully paid and nonassessable, (ii) are not subject to preemptive rights of any Person, (iii) have been held exclusively by Pledgor since the date of issuance; and (iv) qualify as Readily Marketable subject only to restrictions that may exist as of the Closing Date as a result of the Pledged Shares being “control securities”.
Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are fully paid and nonassessable, except as set forth on Schedule 6.15 to the Fruit of the Loom Agreement, and are not subject to the preemptive rights of any Person. All other shares of stock constituting Pledged Collateral will be duly authorized and validly issued, fully paid and nonassessable, except as set forth on Schedule 6.15 to the Fruit of the Loom Agreement, and not subject to the preemptive rights of any Person.
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Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are fully paid and, except for Pledged Shares which are shares (the "ULC Shares") in PRG-Xxxxxxx Canada Corp. ("PRG-Xxxxxxx Canada"), a Nova Scotia unlimited liability company (the "ULC"), nonassessable and are not subject to the preemptive rights of any Person. All other Capital Stock constituting Pledged Collateral will be duly authorized and validly issued, fully paid and, except for Pledged Shares which are ULC Shares, nonassessable and not subject to the preemptive rights of any Person.
Authorization of Pledged Shares. The Pledged Shares owned by such Pledgor are duly authorized and validly issued, are fully paid and nonassessable and are not subject to the preemptive rights of any Person. Title. Such Pledgor has good and indefeasible title to the Pledged Collateral of such Pledgor and is the legal and beneficial owner of such Pledged Collateral free and clear of any Lien, other than Permitted Liens. There exists no “adverse claim” within the meaning of Section 8-102 of the UCC with respect to the Pledged Shares of such Pledgor other than Permitted Liens.

Related to Authorization of Pledged Shares

  • Authorization of Pledged Equity All Pledged Equity is duly authorized and validly issued, is fully paid and, to the extent applicable, nonassessable and is not subject to the preemptive rights of any Person.

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