Common use of Buyer Shares Clause in Contracts

Buyer Shares. The Buyer Shares to be issued by Buyer at the Closing have been duly authorized for such issuance and, when issued and delivered by Buyer in accordance with the provisions of this Agreement, will be validly issued, fully paid, and nonassessable, and free and clear of all Encumbrances, except for Encumbrances expressly provided herein or arising by, though or under Seller. The issuance of the Buyer Shares under this Agreement is not subject to any preemptive or similar rights.

Appears in 1 contract

Samples: Asset Purchase Agreement (Crescent Operating Inc)

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Buyer Shares. The Buyer Shares to be issued by Buyer at the Closing have been duly authorized for such issuance and, when issued and delivered by Buyer in accordance with the provisions of this Agreement, will be validly issued, fully paid, and nonassessable, and free and clear of all Encumbrances, except for Encumbrances expressly provided herein or arising by, though or under Seller. The issuance of the Buyer Shares under this Agreement is not subject to any preemptive or similar rights.

Appears in 1 contract

Samples: Asset Purchase Agreement (Crescent Operating Inc)

Buyer Shares. The At Closing, the Buyer Shares to be issued by Buyer at the Closing shall have been duly authorized for such issuance and, if and when issued and delivered by Buyer in accordance with the provisions terms of this Agreement, will be validly issued, fully paid, paid and nonassessable, and free and clear of all Encumbrances, except for Encumbrances expressly provided herein or arising by, though or under Sellernon-assessable. The issuance of the Buyer Shares under this Agreement is not subject to any preemptive or similar rights.

Appears in 1 contract

Samples: Stock Purchase Agreement (SFX Entertainment Inc)

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Buyer Shares. The Buyer Shares to be issued by Buyer at the Closing have been duly authorized for such issuance by all necessary corporate action by Buyer and, when issued and delivered by at the Closing, the Buyer in accordance with the provisions of this Agreement, Shares will be validly issued, fully paid, paid and nonassessable, nonassessable and free and clear will not be issued in violation of all Encumbrances, except for Encumbrances expressly provided herein or arising by, though or under Seller. The issuance of the Buyer Shares under this Agreement is not subject to any preemptive rights, rights of first refusal or similar rights.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sm&A)

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