Concerning the Shares. The Shares have been duly authorized and, when paid for as provided herein, will be duly and validly issued, fully paid and non-assessable and will not subject the holder thereof to personal liability by reason of being such holder. There are no preemptive rights of any stockholder of the Company, as such, to acquire the Common Stock.
Appears in 5 contracts
Samples: Stock Purchase Agreement (Frontline Communications Corp), Stock Purchase Agreement (Frontline Communications Corp), Stock Purchase Agreement (Frontline Communications Corp)
Concerning the Shares. The Shares have been duly authorized and, when paid for as provided hereinissued in accordance with this Agreement, and the shares of Common Stock underlying the Shares, when issued upon conversion of the Shares, will be duly and validly issued, fully paid and non-assessable and will not subject the holder thereof to personal liability by reason of being such holder. There are no preemptive rights of any stockholder of the CompanyBuyer, as such, to acquire any of the Common StockShares.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Telenetics Corp), Asset Purchase Agreement (Greenland Corp)
Concerning the Shares. The Shares have been duly authorized andauthorized, and when issued and paid for as provided hereinin accordance with the terms of this Agreement, will be duly and validly issued, fully paid and non-assessable and will not subject the holder thereof to personal liability solely by reason of being such holderacquiring the Shares. There are no preemptive rights of any stockholder of the Company, as such, to acquire the Common StockShares.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Dotronix Inc), Securities Purchase Agreement (Broadview Media Inc)
Concerning the Shares. The Shares have been duly authorized and, when paid for as provided hereinissued in accordance with this Agreement, will be duly and validly issued, fully paid and non-assessable and will not subject the holder thereof to personal liability by reason of being such holder. There are no preemptive rights of any stockholder of the CompanyBuyer, as such, to acquire any of the Common StockShares.
Appears in 1 contract
