Conversion Shares. The Company shall duly reserve Conversion Shares for issuance upon conversion of the Series E Shares, which Conversion Shares, upon issuance in accordance with the terms of the Restated Memorandum and Articles, will be duly and validly issued, fully-paid, and non-assessable and will be free of restrictions on transfer and other Encumbrances.
Appears in 5 contracts
Samples: Share Purchase Agreement, Share Purchase Agreement (Xunlei LTD), Share Purchase Agreement (Xunlei LTD)
Conversion Shares. The Company shall duly reserve Conversion Shares for issuance upon conversion of the Series E D Shares, which Conversion Shares, upon issuance in accordance with the terms of the Restated Memorandum and Articles, will be duly and validly issued, fully-paid, and non-assessable and will be free of restrictions on transfer and other Encumbrances.
Appears in 2 contracts
Samples: Share Purchase Agreement (Xunlei LTD), Share Purchase Agreement (Xunlei LTD)