Common use of Concerning the Stock Clause in Contracts

Concerning the Stock. The issuance, sale and delivery of the stock are within the Company's corporate powers and have been duly authorized by all required corporate action on the part of the Company and its stockholders and when such securities are issued, sold and delivered in accordance with the terms hereof for the consideration expressed herein, such securities will be duly and validly issued, fully paid and nonassessable. There are no preemptive rights of any shareholders of the Company.

Appears in 6 contracts

Samples: Rule 504 Securities Subscription Agreement (Premier Brands Inc/Ut), Rule 504 Securities Subscription Agreement (Premier Brands Inc/Ut), Rule 504 Securities Subscription Agreement (Premier Brands Inc/Ut)

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Concerning the Stock. The issuance, sale and delivery of the stock Units are within the Company's corporate powers and have been duly authorized by all required corporate action on the part of the Company and its stockholders and when Company. When such securities shares of the Company’s common stock are issued, sold and delivered in accordance with the terms hereof for the consideration expressed herein, such securities will be duly and validly issued, fully paid and nonassessablenon-assessable. There are no preemptive rights of any shareholders of the Company.

Appears in 1 contract

Samples: Subscription Agreement (Sockeye Seafood Group Inc)

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