Common use of Due Authorization; Valid Issuance Clause in Contracts

Due Authorization; Valid Issuance. The Note is duly authorized and, when issued, sold and delivered in accordance with the terms of this Agreement, will be duly and validly issued, free and clear of any Liens imposed by or through the Company.

Appears in 4 contracts

Samples: Note Purchase Agreement (Valcom, Inc), Note Purchase Agreement (Broadwebasia, Inc.), Stock Purchase Agreement (Omnireliant Holdings, Inc.)

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Due Authorization; Valid Issuance. The Note is Notes are duly authorized and, when issued, sold and delivered in accordance with the terms of this Agreement, will be duly and validly issued, free and clear of any Liens imposed by or through the Company.

Appears in 3 contracts

Samples: Note Purchase Agreement (Aspyra Inc), Note Purchase Agreement (Aspyra Inc), Note Purchase Agreement (Manaris Corp)

Due Authorization; Valid Issuance. The Note is Notes are duly authorized and, when issued, sold and delivered in accordance with the terms of this Agreementhereof, (i) will be duly and validly issued, free and clear of any Liens imposed by or through and (ii) assuming the Companyaccuracy of each Investor’s representations in this Agreement, will be issued, sold and delivered in compliance with all applicable Federal and state securities laws.

Appears in 1 contract

Samples: Note Purchase Agreement (Applied Digital Solutions Inc)

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Due Authorization; Valid Issuance. The Additional Note is duly authorized and, when issued, sold and delivered in accordance with the terms of this Agreement, will be duly and validly issued, free and clear of any Liens imposed by or through the Company.

Appears in 1 contract

Samples: Additional Note Purchase and Global Amendment Agreement (Innuity, Inc. /Ut/)

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