Common use of DUE EXECUTION, ETC Clause in Contracts

DUE EXECUTION, ETC. This Agreement has been duly executed and delivered by the Issuer and constitutes a legal, valid and enforceable obligation of the Issuer. When the Warrants and the Warrant Certificates have been issued as contemplated hereby, (i) the Warrants and the Warrant Certificates will constitute legal, valid, binding and enforceable obligations of the Issuer and (ii) the Warrant Stock, when issued upon exercise of the Warrants in accordance with the terms hereof, will be duly authorized, validly issued, fully paid and non-assessable shares of Common Stock with no personal liability attaching to the ownership thereof.

Appears in 5 contracts

Samples: Warrant Agreement (Shell Capital Inc), Warrant Agreement (Brigham Exploration Co), Warrant Agreement (Brigham Exploration Co)

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