Common use of Authorization of the Securities Clause in Contracts

Authorization of the Securities. The Shares have been duly authorized for issuance and sale, and when issued and delivered by the Company against payment therefor pursuant to this Agreement, will be validly issued, fully paid and nonassessable.

Appears in 3 contracts

Samples: Placement Agency Agreement (Staffing 360 Solutions, Inc.), Placement Agency Agreement (Staffing 360 Solutions, Inc.), Placement Agency Agreement (Staffing 360 Solutions, Inc.)

AutoNDA by SimpleDocs

Authorization of the Securities. The Shares Securities to be sold in the Offering have been duly authorized for issuance and salesale pursuant to this Agreement and, and when issued and delivered by the Company against payment therefor pursuant to this Agreement, will be validly issued, fully paid and nonassessable.

Appears in 3 contracts

Samples: Placement Agency Agreement (Incara Pharmaceuticals Corp), Placement Agency Agreement (Incara Pharmaceuticals Corp), Placement Agency Agreement (Incara Pharmaceuticals Corp)

Authorization of the Securities. The Shares Securities have been duly authorized for issuance and sale, and when issued and delivered by the Company against payment therefor pursuant to this Agreement, will be validly issued, fully paid and nonassessable.

Appears in 3 contracts

Samples: Placement Agency Agreement (Sonic Solutions/Ca/), Aksys LTD, Placement Agency Agreement (Avant Immunotherapeutics Inc)

Authorization of the Securities. The Shares Securities have been duly authorized for issuance and salesale pursuant to this Agreement and, and when issued and delivered by the Company against payment therefor pursuant to this Agreement, will be validly issued, fully paid and nonassessable, and the issuance and sale of the Securities is not subject to any preemptive rights, rights of first refusal or other similar rights to subscribe for or purchase the Securities.

Appears in 3 contracts

Samples: Underwriting Agreement (American Realty Capital Properties, Inc.), Underwriting Agreement (American Realty Capital Properties, Inc.), Underwriting Agreement (American Realty Capital Properties, Inc.)

Authorization of the Securities. The Shares Securities have been duly authorized for issuance and sale, and when when, as applicable, delivered by the Selling Stockholder or issued and delivered by the Company against payment therefor pursuant to this Agreement, will be validly issued, fully paid and nonassessable.

Appears in 2 contracts

Samples: Underwriting Agreement (Collegiate Pacific Inc), Underwriting Agreement (Blumenfeld Michael J)

AutoNDA by SimpleDocs

Authorization of the Securities. The Shares Securities have been duly authorized for issuance and sale, and the Shares, when issued and delivered by the Company to the Investors against payment therefor pursuant to this Agreement, will be validly issued, fully paid and nonassessable. The Warrant Shares have been duly authorized and reserved for issuance pursuant to the terms of the Warrants, and the Warrant Shares, when issued by the Company upon the valid exercise of the Warrants and payment of the exercise price, will be duly issued, fully paid and nonassessable.

Appears in 2 contracts

Samples: Placement Agency Agreement (Wave Systems Corp), Placement Agency Agreement (Wave Systems Corp)

Authorization of the Securities. The Shares have been duly authorized for issuance and sale, and when issued and delivered by the Company to the Investors against payment therefor pursuant to this Agreement, will be validly issued, fully paid and nonassessable.

Appears in 1 contract

Samples: Placement Agency Agreement (Kana Software Inc)

Authorization of the Securities. The Shares have been Securities, when issued and delivered, will be duly authorized for issuance and salesale pursuant to this Agreement and, and when issued and delivered by the Company against payment therefor pursuant to this Agreement, will be duly authorized, validly issued, fully paid and nonassessable.

Appears in 1 contract

Samples: Placement Agency Agreement (Seres Therapeutics, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.