Common use of Deliverance of Shares Clause in Contracts

Deliverance of Shares. As of the Closing Date, the AmeriResource Shares to be delivered to Kelly's will be restricted and constitute valid and legally issued shares of AmeriResource, fully paid and non-assessable and equivalent in all respects to all other issued and outstanding shares of AmeriResource restricted stock.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Ameriresource Technologies Inc), Stock Exchange Agreement (Ameriresource Technologies Inc), Stock Exchange Agreement (Kellys Coffee Group Inc)

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Deliverance of Shares. As of the Closing Date, the AmeriResource Ameriresource Shares to be delivered to Kelly's will be restricted and constitute valid and legally issued shares of AmeriResourceAmeriresource, fully paid and non-assessable and equivalent in all respects to all other issued and outstanding shares of AmeriResource Ameriresource restricted stock.

Appears in 1 contract

Samples: Stock Exchange Agreement (Kellys Coffee Group Inc)

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