Common use of Due Authorization and Issuance Clause in Contracts

Due Authorization and Issuance. All of the Pledged Shares have been duly authorized, validly issued and are fully paid and non-assessable. All of the Pledged Interests have been fully paid for.

Appears in 6 contracts

Samples: Security Agreement (Intercept Pharmaceuticals, Inc.), Exchange Agreement (Intercept Pharmaceuticals, Inc.), Exchange Agreement (Intercept Pharmaceuticals, Inc.)

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Due Authorization and Issuance. All of the Pledged Shares have been and the Additional Shares will be duly authorized, authorized and validly issued and are fully paid and non-assessable. All of the Pledged Interests have been fully paid fornonassessable.

Appears in 5 contracts

Samples: Share Pledge Agreement (Seven Seas Steamship Co Nv), Share Pledge Agreement (Seven Seas Steamship Co Nv), Share Pledge Agreement (Seven Seas Steamship Co Nv)

Due Authorization and Issuance. All of the Pledged Shares have been been, and to the extent hereafter issued will be upon such issuance, duly authorized, authorized and validly issued and are fully paid and non-assessable. All of the Pledged Interests have been fully paid fornonassessable.

Appears in 5 contracts

Samples: Securities Pledge Agreement (Seven Seas Steamship Co Nv), Credit Agreement (American Telecasting Inc/De/), Securities Pledge Agreement (Seven Seas Steamship Co Nv)

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Due Authorization and Issuance. All of the Pledged Shares have been duly authorized, validly issued and are fully paid and non-assessableassessable (if applicable). All of the Pledged Interests have been fully paid for.

Appears in 4 contracts

Samples: Super Priority Security Agreement (Accelerate Diagnostics, Inc), Security Agreement (Biora Therapeutics, Inc.), Security Agreement (Biora Therapeutics, Inc.)

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