Common use of Concerning the Securities Clause in Contracts

Concerning the Securities. The issuance, sale and delivery of the Shares have been duly authorized by all required corporate action on the part of Seller, and when issued, sold and delivered in accordance with the terms hereof and thereof for the consideration expressed herein and therein, will be duly and validly issued and enforceable in accordance with their terms, subject to the laws of bankruptcy and creditors' rights generally.

Appears in 6 contracts

Samples: Subscription Agreement (Swissray International Inc), Subscription Agreement (Swissray International Inc), Subscription Agreement (Swissray International Inc)

AutoNDA by SimpleDocs

Concerning the Securities. The issuance, sale and delivery of the Shares have been duly authorized by all required corporate action on the part of Sellerthe Company, and when issued, sold and delivered in accordance with the terms hereof and thereof for the consideration expressed herein and therein, will be duly and validly issued and enforceable in accordance with their terms, subject to the laws of bankruptcy and creditors' rights generally.

Appears in 3 contracts

Samples: Subscription Agreement (Imaging Diagnostic Systems Inc /Fl/), Common Stock Purchase Agreement (Eurogas Inc), Subscription Agreement (Imaging Diagnostic Systems Inc /Fl/)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!