Common use of Deliverance of Shares Clause in Contracts

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

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