Common use of Authorization of the Shares Clause in Contracts

Authorization of the Shares. The Shares to be sold by the Company and their issue and sale are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and free and clear of all Liens imposed by the Company.

Appears in 76 contracts

Samples: Securities Purchase Agreement (Nova Lifestyle, Inc.), Securities Purchase Agreement (Nova Lifestyle, Inc.), Securities Purchase Agreement (Nova Lifestyle, Inc.)

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Authorization of the Shares. The Shares to be sold issued by the Company and their issue and sale debt cancellation are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and free and clear of all Liens imposed by the Company.

Appears in 12 contracts

Samples: Debt Repayment Agreement (Merion, Inc.), Debt Repayment Agreement (Future FinTech Group Inc.), Debt Repayment Agreement (Future FinTech Group Inc.)

Authorization of the Shares. The Shares to be sold by the Company and their issue and sale are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documentsthis Agreement, will be duly and validly issued, fully paid and free and clear of all Liens imposed by the Company.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Hou Sing International Business LTD), Securities Purchase Agreement (Color Star Technology Co., Ltd.), Securities Purchase Agreement (Color Star Technology Co., Ltd.)

Authorization of the Shares. The Shares to be sold by the Company and their issue and sale are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and non-assessable and free and clear of all Liens imposed by with respect to the Companyissue thereof, and will be issued in compliance with all applicable Securities Laws.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Luokung Technology Corp.), Securities Purchase Agreement (Luokung Technology Corp.)

Authorization of the Shares. The issuance, sale and delivery of the Shares to be sold hereunder by the Company and their issue and sale are have been duly authorized by all requisite corporate action of the Company, and, when issued so issued, sold and paid for in accordance with delivered, the applicable Transaction Documents, Shares will be duly and validly issued, fully paid and free and clear of all Liens imposed by liens and encumbrances, fully paid and nonassessable, and not subject to preemptive rights of the Companystockholders of the Company or others.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Zosano Pharma Corp)

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Authorization of the Shares. The Shares to be sold issued by the Company and their issue and sale are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and free and clear of all Liens imposed by the Company.

Appears in 1 contract

Samples: Share Purchase Agreement (Fuse Enterprises Inc.)

Authorization of the Shares. The Shares to be sold issuance, sale and delivery hereunder by the Company and their issue and sale are of the Shares have been duly authorized andby all requisite corporate action of the Company, and when issued so issued, sold and paid for in accordance with delivered the applicable Transaction Documents, Shares will be duly and validly issued, fully paid and issued free and clear of all Liens imposed by liens and encumbrances and outstanding, fully paid and nonassessable, and not subject to preemptive or any other similar rights of the Companystockholders of the Company or others.

Appears in 1 contract

Samples: Class a Common Stock Purchase Agreement (Airxpanders Inc)

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