Common use of Exercise Shares Fully Paid and Non-assessable Clause in Contracts

Exercise Shares Fully Paid and Non-assessable. The Company agrees and covenants that all Exercise Shares issued or delivered upon the due exercise of this Warrant will, upon issuance 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 those taxes which, pursuant to Paragraph 2 hereof, the Company shall not be obligated to pay), liens, charges and security interests created by or in favor of the Company with respect to the issuance thereof (other than the limitations on such Exercise Shares imposed by applicable securities laws and limitations expressly included in this Warrant).

Appears in 2 contracts

Samples: Warrant Agreement (Tel Save Holdings Inc), Warrant Agreement (Tel Save Holdings Inc)

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Exercise Shares Fully Paid and Non-assessable. The Company agrees and covenants that all Exercise Shares issued or delivered issuable upon the due exercise of the Warrant represented by this Warrant certificate (“Warrant Certificate”) will, upon issuance 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 those taxes which, pursuant to Paragraph Section 2 hereof, the Company shall not be obligated to pay), ) or liens, charges charges, and security interests created by or in favor of the Company with respect to the issuance thereof thereof. (other than the limitations on such Exercise Shares imposed by applicable securities laws and limitations expressly included in this Warrantd).

Appears in 1 contract

Samples: Assignment and Transfer Agreement

Exercise Shares Fully Paid and Non-assessable. The Company agrees and covenants that all Exercise Shares issued or delivered upon the due exercise (including payment of the Exercise Price therefor) of this Warrant will, upon issuance 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 those taxes whichthat, pursuant to Paragraph 2 hereof, the Company shall not be obligated to pay), liens, charges and security interests created by or in favor of the Company with respect to the issuance thereof (other than the limitations on such Exercise Shares imposed by applicable securities laws and limitations expressly included in this Warrant).

Appears in 1 contract

Samples: Amendment No. 2 (Tel Save Holdings Inc)

Exercise Shares Fully Paid and Non-assessable. The Company agrees and covenants that all Exercise Shares issued or delivered issuable upon the due exercise of the Warrant represented by this Warrant certificate ("Warrant Certificate") will, upon issuance 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 those taxes which, pursuant to Paragraph Section 2 hereof, the Company shall not be obligated to pay), ) or liens, charges charges, and security interests created by or in favor of the Company with respect to the issuance thereof (other than the limitations on such Exercise Shares imposed by applicable securities laws and limitations expressly included in this Warrant)thereof.

Appears in 1 contract

Samples: Confidentiality Agreement (Stellar Technologies, Inc.)

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Exercise Shares Fully Paid and Non-assessable. The Company agrees and covenants that all Exercise Shares issued or delivered issuable upon the due exercise of the Warrant represented by this Warrant certificate (“Warrant Certificate”) will, upon issuance 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 those taxes which, pursuant to Paragraph Section 2 hereof, the Company shall not be obligated to pay), ) or liens, charges charges, and security interests created or permitted by or in favor of the Company with respect to the issuance thereof (other than the limitations on such Exercise Shares imposed by applicable securities laws and limitations expressly included in this Warrant)thereof.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Virtual Piggy, Inc.)

Exercise Shares Fully Paid and Non-assessable. The Company agrees and covenants that all Exercise Shares issued or delivered issuable upon the due exercise of this Warrant represented by this Warrant certificate (“Warrant Certificate”) will, upon issuance 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 those taxes which, pursuant to Paragraph Section 2 hereof, the Company shall not be obligated to pay), ) or liens, charges charges, and security interests created by or in favor of the Company with respect to the issuance thereof (other than the limitations on such Exercise Shares imposed by applicable securities laws and limitations expressly included in this Warrant)thereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Maverick Oil & Gas, Inc.)

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