Common use of Covenants as to Shares Clause in Contracts

Covenants as to Shares. The Company covenants and agrees that all shares that may be issued upon the exercise of the rights represented by this Note will, upon issuance, be validly issued and outstanding, fully paid and non-assessable, and free from all taxes, liens and charges with respect to the issuance thereof.

Appears in 2 contracts

Samples: Subordination Agreement, Subordination Agreement (Ellipse Technologies Inc)

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Covenants as to Shares. The Company covenants and agrees that all shares Shares that may be issued upon the exercise of the rights represented by this Note Warrant will, upon issuanceissuance in accordance with the terms hereof, be validly issued and outstanding, fully paid and non-assessablenonassessable, and free from all taxes, liens and charges with respect to the issuance thereof.

Appears in 2 contracts

Samples: Warrant Agreement (Omni Bio Pharmaceutical, Inc.), Warrant Agreement (Aldagen Inc)

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