Common use of Conditions to Issuance of Shares Clause in Contracts

Conditions to Issuance of Shares. Shares issued as payment for the RSUs will be issued out of the Company’s authorized but unissued Shares. Upon issuance, such Shares shall be fully paid and nonassessable. The Shares issued pursuant to this Agreement shall be held in book-entry form and no certificates shall be issued therefor. In addition to the other requirements set forth herein, the Shares issued as payment for the RSUs shall be issued only upon the fulfillment of all of the following conditions:

Appears in 23 contracts

Samples: Performance Based Restricted Stock Unit Agreement (Lineage, Inc.), Time Based Restricted Stock Unit Agreement (Lineage, Inc.), Performance Based Restricted Stock Unit Agreement (Orion Office REIT Inc.)

AutoNDA by SimpleDocs

Conditions to Issuance of Shares. Upon issuance, Shares issued as payment for the RSUs will be issued out of the Company’s authorized but unissued Shares. Upon issuance, such Shares shall be fully paid and nonassessable. The Shares issued pursuant to this Agreement shall be held in book-entry form and no certificates shall be issued therefor. In addition to the other requirements set forth herein, the Shares issued as payment for the RSUs shall be issued only upon the fulfillment of all of the following conditions:

Appears in 4 contracts

Samples: Time Based Restricted Stock Unit Agreement (Claros Mortgage Trust, Inc.), Performance Based Restricted Stock Unit Agreement (Claros Mortgage Trust, Inc.), Restricted Stock Unit Award Agreement (Monitronics International Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.