Common use of Delivery of the Exchange Shares Certificate Clause in Contracts

Delivery of the Exchange Shares Certificate. The Company shall have received the Exchange Shares Certificate on the Closing Date. Both parties understand and acknowledge that these shares cannot not be issued until and unless the shareholders of AAII approve increasing the authorized shares of the corporation sufficiently to allow for such issuance.

Appears in 2 contracts

Samples: Exchange Agreement (Atlantic Acquisition II, INc.), Exchange Agreement (Atlantic Acquisition II, INc.)

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Delivery of the Exchange Shares Certificate. The Company shall have received the Exchange Shares Certificate on the Closing Date. Both parties understand and acknowledge that these shares cannot not be issued until and unless the shareholders of AAII CELE approve increasing the authorized shares of the corporation sufficiently to allow for such issuance.

Appears in 1 contract

Samples: Exchange Agreement (Celexus, Inc)

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Delivery of the Exchange Shares Certificate. The Company shall have received the Exchange Shares Certificate on the Closing Date. Both parties understand and acknowledge that these shares cannot not be issued until and unless the shareholders of AAII TEI approve increasing the authorized shares of the corporation sufficiently to allow for such issuance.

Appears in 1 contract

Samples: Exchange Agreement (Tribus Enterprises, Inc.)

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