Buyer Shares. The Buyer Shares have been duly authorized by all necessary corporate action by Buyer and, at the Closing, the Buyer Shares will be validly issued, fully paid and nonassessable and will not be issued in violation of any preemptive rights, rights of first refusal or similar rights.
Appears in 1 contract
Samples: Stock Purchase Agreement (Sm&A)
Buyer Shares. The Buyer Shares have been duly authorized by all necessary corporate action by Buyer and, at the At Closing, the Buyer Shares shall have been duly authorized for issuance and, if and when issued and delivered by Buyer in accordance with the terms of this Agreement, will be validly issued, fully paid and nonassessable and will non-assessable. The issuance of Buyer Shares under this Agreement is not be issued in violation of subject to any preemptive rights, rights of first refusal or similar rights.
Appears in 1 contract
Buyer Shares. The Buyer Shares to be issued by Buyer at the Closing have been duly authorized by all necessary corporate action for such issuance and, when issued and delivered by Buyer andin accordance with the provisions of this Agreement, at the Closing, the Buyer Shares will be validly issued, fully paid paid, and nonassessable and will nonassessable. The issuance of the Buyer Shares under this Agreement is not be issued in violation of subject to any preemptive rights, rights of first refusal or similar rights.
Appears in 1 contract
Buyer Shares. The Buyer Shares to be issued by Buyer at the Closing have been duly authorized by all necessary corporate action for such issuance and, when issued and delivered by Buyer andin accordance with the provisions of this Agreement, at the Closing, the Buyer Shares will be validly issued, fully paid paid, and nonassessable nonassessable, and will 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 be issued in violation of subject to any preemptive rights, rights of first refusal or similar rights.
Appears in 1 contract