Common use of Deliverance of Shares Clause in Contracts

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

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