ETS Stock Sample Clauses

ETS Stock. The ETS Stock to be issued and delivered to the STOCKHOLDERS at the Consummation Date and which will be issued and delivered pursuant to the terms of the ETS Convertible Securities will constitute valid and legally issued shares of ETS, fully paid and nonassessable and, with the exception of restrictions upon resale, will be legally equivalent in all respects to the ETS Stock issued and outstanding as of the date hereof. The shares of ETS Stock to be issued to the STOCKHOLDERS pursuant to this Agreement and which will be issued pursuant to the terms of the ETS Convertible Securities will not be registered under the 0000 Xxx.
AutoNDA by SimpleDocs
ETS Stock. The ETS Stock to be issued and delivered to the STOCKHOLDERS at the Consummation Date will constitute valid and legally issued shares of ETS, fully paid and nonassessable and, with the exception of restrictions upon resale, will be legally equivalent in all respects to the ETS Stock issued and outstanding as of the date hereof. The shares of ETS Stock to be issued to the STOCKHOLDERS pursuant to this Agreement will not be registered under the 0000 Xxx.

Related to ETS Stock

  • Common Stock 1 Company........................................................................1

  • Common Shares 4 Company...................................................................................... 4

  • Company Stock The Certificates and stock powers, duly endorsed, transferring the Company Stock to Subsidiary and the officer and director resignations required in Section 4.6;

  • Company Shares If the managing underwriter has not limited the number of Registrable Securities to be underwritten, the Company may include securities for its own account or for the account of others in such registration if the managing underwriter so agrees and if the number of Registrable Securities which would otherwise have been included in such registration and underwriting will not thereby be limited.

  • Ordinary Shares The Ordinary Shares included in the Units have been duly authorized and, when issued and delivered against payment for the Offered Securities by the Underwriters pursuant to this Agreement and registered in the Company’s register of members, will be validly issued, fully paid and non-assessable. The holders of such Ordinary Shares are not and will not be subject to personal liability by reason of being such holders; such Ordinary Shares are not and will not be subject to any preemptive or other similar contractual rights granted by the Company.

  • Parent Stock As of December 15, 2013, the entire authorized capital stock of the Parent consists of (a) 200,000,000 shares of Parent Common Stock of which 103,963,318 shares of Parent Common Stock are duly and validly issued and outstanding, fully paid and nonassessable as of the Closing Date, and (b) 40,000,000 preferred shares of beneficial interest, $0.01 par value per share, of which, 9,498,888 shares in the aggregate of Series G, Series H and Series I of such preferred shares of beneficial interest are duly and validly issued and outstanding, fully paid and nonassessable as of the Closing Date and such preferred shares of beneficial interest provide no rights to any holder thereof that may cause a violation of Section 6.04(f). The issuance and sale of such Parent Common Stock and such preferred shares of beneficial interest of the Parent either (i) has been registered under applicable federal and state securities laws or (ii) was issued pursuant to an exemption therefrom. The Parent meets the requirements for taxation as a REIT under the Code.

  • Company Preferred Stock “Company Preferred Stock” shall mean the Preferred Stock, $0.001 par value per share, of the Company.

  • Xxxxx Stock The Company agrees that it will use commercially reasonable efforts to prevent the Company from becoming subject to Rule 419 under the Securities Act prior to the consummation of any Business Combination, including, but not limited to, using its best efforts to prevent any of the Company’s outstanding securities from being deemed to be a “xxxxx stock” as defined in Rule 3a51-1 under the Exchange Act during such period.

  • Fractional Shares of Common Stock (a) The Company shall not issue fractions of Warrants or distribute Warrant Certificates which evidence fractional Warrants. Whenever any fractional Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding of such fraction to the nearest whole Warrant (rounded down).

  • Shares The term “

Time is Money Join Law Insider Premium to draft better contracts faster.