Common use of Authorization of Shares Clause in Contracts

Authorization of Shares. The Company covenants that all shares of Common Stock which may be issued upon the exercise of rights represented by this Warrant will, upon exercise of the rights represented by this Warrant and payment of the Exercise Price as set forth herein will be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and charges in respect of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously with such issue or otherwise specified herein).

Appears in 18 contracts

Samples: Warrant Agreement (Smart Move, Inc.), Warrant Agreement (Smart Move, Inc.), Warrant Agreement (Analytical Surveys Inc)

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Authorization of Shares. The Company covenants that all shares of Common Stock which may be issued upon the exercise of rights represented by this Warrant will, upon exercise of the rights represented by this Warrant and payment of the Exercise Price as set forth herein will herein, be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and charges in respect of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously with such issue or otherwise specified herein).

Appears in 9 contracts

Samples: Credit Agreement (Abtech Holdings, Inc.), Credit Agreement (Abtech Holdings, Inc.), Credit Agreement (Abtech Holdings, Inc.)

Authorization of Shares. The Company covenants that all shares of Common Stock which may be issued upon the exercise of rights represented by this Warrant will, upon exercise of the rights represented by this Warrant and payment of the Exercise Price as set forth herein will herein, be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens liens, encumbrances and charges in respect of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously with such issue or otherwise specified herein).

Appears in 6 contracts

Samples: Warrant Agreement (Safeguard Scientifics Inc), Warrant Agreement (Chromavision Medical Systems Inc), Securities Purchase Agreement (Chromavision Medical Systems Inc)

Authorization of Shares. The Company covenants that all shares of Common Stock Shares which may be issued upon the exercise of rights represented by this Warrant will, upon exercise of the rights represented by this Warrant and payment of the Exercise Price as set forth herein will Warrant, be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and charges in respect of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously with such issue or otherwise specified hereinissue).

Appears in 4 contracts

Samples: Share Purchase Warrant (Sand Technology Inc), Share Purchase Warrant (Sand Technology Inc), Share Purchase Warrant (Sand Technology Inc)

Authorization of Shares. The Company covenants that all shares of Common Stock which may be issued upon the exercise of rights represented by this Warrant will, upon exercise of the rights represented by this Warrant and full payment of the Exercise Price as set forth herein will Price, be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and charges in respect of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously with such issue or otherwise specified hereinissue).

Appears in 4 contracts

Samples: Merger Agreement (Corgenix Medical Corp/Co), Warrant Agreement (Medix Resources Inc), Warrant Agreement (Medix Resources Inc)

Authorization of Shares. The Company covenants that all shares of Common Stock which may be issued upon the exercise of rights represented by this Warrant will, upon exercise of the rights represented by this Warrant and payment in full of the Exercise Price as set forth herein will Price, be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and charges in respect of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously with such issue or otherwise specified hereinissue).

Appears in 4 contracts

Samples: Series B Preferred Stock Subscription Agreement (Voice Mobility International Inc), Warrant Agreement (Voice Mobility International Inc), Warrant Agreement (Voice Mobility International Inc)

Authorization of Shares. The Company covenants that all shares of Common Stock which may be issued upon the exercise of rights represented by this Warrant will, upon exercise of the rights represented by this Warrant and payment of the Exercise Price as set forth herein will (unless the Holder exercises this Warrant through a cashless exercise, as provided in Section 3(b) hereof), be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and charges in respect of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously with such issue or otherwise specified herein).

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (AMERI Holdings, Inc.), Common Stock Purchase Warrant (Lone Star Value Management LLC)

Authorization of Shares. The Company covenants that all shares of Common Stock which may be issued upon the exercise of rights represented by this Warrant will, upon exercise of the rights represented by this Warrant and payment of the then-applicable Exercise Price as set forth herein will Price, be duly authorized, validly issued, fully paid and nonassessable non-assessable and free from all taxes, liens and charges in respect of the issue thereof (other than taxes charges in respect of any transfer occurring contemporaneously with such issue or otherwise specified hereinissue).

Appears in 2 contracts

Samples: Warrant Agreement (PetroShare Corp.), Warrant Agreement (PetroShare Corp.)

Authorization of Shares. The Company covenants that all shares of Common Stock which may be issued upon the exercise of rights represented by this Warrant will, upon exercise of the rights represented by this Warrant and payment of the Exercise Price as set forth herein will herein, be duly authorized, validly issued, fully paid and nonassessable non-assessable and free from all taxes, liens and charges in respect of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously with such issue or otherwise specified herein).

Appears in 2 contracts

Samples: Subscription Agreement (Moxian, Inc.), Subscription Agreement (BioPharmX Corp)

Authorization of Shares. The Company covenants that all shares of Common Stock which may be issued upon the exercise of rights represented by this Warrant will, upon exercise of the rights represented by this Warrant and full payment of the Exercise Price as set forth herein will multiplied by the number of Warrant Shares to be purchased, be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and charges in respect of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously with such issue or otherwise specified hereinissue).

Appears in 2 contracts

Samples: Warrant Agreement (Perma Fix Environmental Services Inc), Warrant Agreement (Perma Fix Environmental Services Inc)

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Authorization of Shares. The Company hereby covenants that all shares of Common Stock which may be issued upon the exercise of rights represented by this Warrant will, upon exercise of the rights represented by this Warrant and payment of the Exercise Price as set forth herein will herein, be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens liens, encumbrances and charges in respect of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously with such issue or otherwise specified herein).

Appears in 1 contract

Samples: Warrant Agreement (Chromavision Medical Systems Inc)

Authorization of Shares. The Company covenants that all shares of Common Stock which may be issued upon the exercise of rights represented by this Warrant will, upon such exercise of the rights represented by this Warrant and full payment of the Exercise Price as set forth herein will for the shares so exercised, be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and charges in respect of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously with such issue or otherwise specified hereinissue).

Appears in 1 contract

Samples: Merger Agreement (Corgenix Medical Corp/Co)

Authorization of Shares. The Company covenants that all shares of Common Stock which may be issued upon the exercise of rights represented by this Warrant Option will, upon exercise of the rights represented by this Warrant Option and payment of the Exercise Price as set forth herein will be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and charges in respect of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously with such issue or otherwise specified herein).

Appears in 1 contract

Samples: Option Agreement (Microware Systems Corp)

Authorization of Shares. The Company covenants that all shares of Common Stock which may be issued upon the exercise of rights represented by this Warrant will, upon exercise of the rights represented by this Warrant and payment of the Exercise Price as set forth herein will be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and charges in respect of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously with such issue or otherwise specified herein).free

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Plato Learning Inc)

Authorization of Shares. The Company covenants that all shares of Common Stock which may be issued upon the exercise of rights represented by this Warrant will, upon exercise of the rights represented by this Warrant and payment of the Exercise Price as set forth herein will Warrant, be duly authorized, validly issued, fully paid and nonassessable non assessable and free from all taxes, liens and charges in respect of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously with such issue or otherwise specified hereinissue).

Appears in 1 contract

Samples: Warrant Agreement (Midisoft Corporation)

Authorization of Shares. The Company covenants that all ----------------------- shares of Common Stock which may be issued upon the exercise of rights represented by this Warrant will, upon exercise of the rights represented by this Warrant and payment of the Exercise Price as set forth herein will be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and charges in respect of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously with such issue or otherwise specified herein).

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Constellation 3d Inc)

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