Exercise Shares Fully Paid and Non-assessable. The Company agrees and covenants that all Exercise Shares issuable upon the due exercise of the Option will, upon issuance of a certificate therefor in accordance with the terms hereof, be duly authorized, validly issued, fully paid and non-assessable and free and clear of all taxes (other than taxes which, pursuant to this Agreement, the Company shall not be obligated to pay) or liens, charges, and security interests created by the Company with respect to the issuance thereof.
Appears in 8 contracts
Samples: Employment Agreement (North American Technologies Group Inc /Mi/), Stock Option Agreement (North American Technologies Group Inc /Mi/), Stock Option Agreement (North American Technologies Group Inc /Mi/)
Exercise Shares Fully Paid and Non-assessable. The Company agrees and covenants that all Exercise Shares issuable upon the due exercise of the Option Warrant represented by this Warrant certificate (“Warrant Certificate”) will, upon issuance of a certificate and payment therefor in accordance with the terms hereof, be duly authorized, validly issued, fully paid and non-assessable and free and clear of all taxes (other than taxes which, pursuant to this AgreementSection 2 hereof, the Company shall not be obligated to pay) or liens, charges, and security interests created by the Company with respect to the issuance thereof.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Virtual Piggy, Inc.), Securities Purchase Agreement (Stellar Technologies, Inc.), Securities Purchase Agreement (Stellar Technologies, Inc.)
Exercise Shares Fully Paid and Non-assessable. The Company agrees and covenants that all Exercise Shares issuable upon the due exercise of the Option Warrant represented by this Warrant Certificate will, upon issuance of a certificate therefor in accordance with the terms hereof, be duly authorized, validly issued, fully paid and non-assessable and free and clear of all taxes (other than taxes which, pursuant to this AgreementParagraph 2 hereof, the Company shall not be obligated to pay) or liens, charges, and security interests created by the Company with respect to the issuance thereof.
Appears in 3 contracts
Samples: Warrant Agreement (Silver King Resources Inc), Warrant Agreement (VDC Corp LTD), Warrant Agreement (Fountain Pharmaceuticals Inc)
Exercise Shares Fully Paid and Non-assessable. The Company agrees and covenants that all Exercise Shares issuable upon the due exercise of the Option Warrant represented by this Warrant Certificate will, upon issuance of a certificate therefor in accordance with the terms hereof, be duly authorized, validly issued, fully paid and non-assessable and free and clear of all taxes (other than taxes which, pursuant to this AgreementSection 2 hereof, the Company shall not be obligated to pay) or liens, charges, and security interests created by the Company with respect to the issuance thereof.
Appears in 3 contracts
Samples: Securities Purchase Agreement (VDC Communications Inc), Securities Purchase Agreement (VDC Communications Inc), Securities Purchase Agreement (VDC Communications Inc)
Exercise Shares Fully Paid and Non-assessable. The Company agrees and covenants that all Exercise Shares issuable upon the due exercise of the Option willWarrant represented by this Warrant certificate ("Warrant Certificate") shall, upon issuance of a certificate and payment therefor in accordance with the terms hereof, be duly authorized, validly issued, fully paid and non-assessable assessable, and free and clear of all taxes (other than taxes which, pursuant to this AgreementSection 2 hereof, the Company shall not be obligated to pay) or liens, charges, and security interests created by the Company with respect to the issuance thereof.
Appears in 2 contracts
Samples: Securities Purchase Agreement (National Health Partners Inc), Securities Purchase Agreement (National Health Partners Inc)
Exercise Shares Fully Paid and Non-assessable. The Company agrees and covenants that all Exercise Shares issuable upon the due exercise of the Option this Warrant will, upon issuance of a certificate therefor in accordance with the terms hereof, be duly authorized, validly issued, fully paid and non-assessable and free and clear of all taxes (other than taxes which, pursuant to this AgreementParagraph 2 hereof, the Company shall not be obligated to pay) or ), liens, charges, charges and security interests created by the Company with respect to the issuance thereof.
Appears in 1 contract
