Closing Shares. The Closing Shares, upon issuance thereof, will be duly authorized, validly issued, fully paid, nonassessable, and not subject to any Encumbrance. The Closing Shares shall be issued in compliance with all applicable securities laws.
Appears in 5 contracts
Samples: Asset Purchase Agreement (Purchasesoft Inc), Asset Purchase Agreement (Vista Medical Technologies Inc), Asset Purchase Agreement (Purchasesoft Inc)
Closing Shares. The Closing SharesShares have been duly authorized for such issuance and, upon issuance thereofwhen issued and delivered by Buyer in accordance with the provisions of this Agreement, will be duly authorized, validly issued, fully paid, and nonassessable, and . The issuance of the Closing Shares under this Agreement is not subject to any Encumbrance. The Closing Shares shall be issued in compliance with all applicable securities lawspreemptive or similar rights.
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Future Petroleum Corp/Ut/), Purchase and Sale Agreement (Future Petroleum Corp/Ut/), Purchase and Sale Agreement (Encap Investments L C)
Closing Shares. The Closing Shares, upon issuance thereof, Shares issuable in accordance with the terms of this Agreement will be duly authorized, validly issued, fully paid, paid and nonassessable, and not subject to preemptive or similar rights created by statute or any Encumbrance. The Closing Shares shall be issued in compliance with all applicable securities lawsother agreement to which Buyer is a party or by which Buyer is bound.
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