Common use of Conditions to Delivery of Shares Clause in Contracts

Conditions to Delivery of Shares. Any shares of Common Stock deliverable under this Award may be either previously authorized but unissued shares of Common Stock or issued shares of Common Stock which have then been reacquired by the Company. Such shares of Common Stock shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any shares of Common Stock under this Agreement or under any Restricted Stock Unit issued in accordance herewith prior to fulfillment of all of the following conditions:

Appears in 5 contracts

Samples: Award Agreement (Hudson Pacific Properties, L.P.), Award Agreement (Hudson Pacific Properties, Inc.), Award Agreement (Hudson Pacific Properties, Inc.)

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Conditions to Delivery of Shares. Any shares of Common Stock deliverable under this Award may be either previously authorized but unissued shares of Common Stock or issued shares of Common Stock which have then been reacquired by the Company. Such shares of Common Stock shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any shares of Common Stock under this Agreement or under any Restricted Stock Unit issued in accordance herewith prior to fulfillment of all of the following conditions:

Appears in 3 contracts

Samples: Outperformance Award Agreement (Hudson Pacific Properties, L.P.), Award Agreement (Hudson Pacific Properties, L.P.), Hudson Pacific Properties, L.P.

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