Common use of Authorization of the Conversion Shares Clause in Contracts

Authorization of the Conversion Shares. The shares of Common Stock initially issuable upon conversion of the Debentures have been duly authorized and reserved and, when issued upon conversion of the Debentures in accordance with the terms of the Debentures and the Indenture, will be validly issued, fully paid and non-assessable, and the issuance of such shares will not be subject to any preemptive or similar rights.

Appears in 2 contracts

Samples: Purchase Agreement (Labone Inc/), Purchase Agreement (Financial Federal Corp)

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Authorization of the Conversion Shares. The shares of Common Stock initially issuable upon conversion of the Debentures have been duly authorized and reserved and, when issued upon conversion of the Debentures in accordance with the terms of the Debentures and the IndentureDebentures, will be validly issued, fully paid and non-assessablenonassessable, and the issuance of such shares will not be subject to any preemptive or similar rights.

Appears in 2 contracts

Samples: Underwriting Agreement (St Jude Medical Inc), Underwriting Agreement (St Jude Medical Inc)

Authorization of the Conversion Shares. The shares of Common Stock initially issuable upon conversion conversion, redemption or repurchase of the Debentures have been duly authorized and reserved and, when issued upon conversion conversion, redemption or repurchase of the Debentures in accordance with the terms of the Debentures and the Indenture, will be validly issued, fully paid and non-assessable, free and clear of all liens, encumbrances, equities or claims, will conform to the description thereof in the Offering Memorandum and the issuance of such shares will not be subject to any preemptive or similar rights.

Appears in 1 contract

Samples: Purchase Agreement (General Mills Inc)

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Authorization of the Conversion Shares. The shares of Common Stock initially issuable upon conversion of the Debentures have been duly authorized and reserved and, when issued upon conversion of the Debentures in accordance with the terms of the Debentures and the IndentureDebentures, will be validly issued, fully paid and non-assessable, and the issuance of such shares will not be subject to any preemptive or similar rights.

Appears in 1 contract

Samples: Purchase Agreement (Bearingpoint Inc)

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