Free and Clear Delivery. All shares of Common Stock delivered upon conversion of the Series A Preferred shall, upon issuance, be duly authorized, validly issued, fully paid and non-assessable, free and clear of all liens, claims, security interests and other encumbrances (other than liens, charges, security interests and other encumbrances created by the Holders).
Appears in 1 contract
Samples: Stock Purchase Agreement (Taylor Capital Group Inc)
Free and Clear Delivery. All shares of Common Stock delivered upon conversion of the Series A B Preferred Stock shall, upon issuance, be duly authorized, validly issued, fully paid and non-assessable, free and clear of all liens, claims, security interests and other encumbrances (other than liens, charges, security interests and other encumbrances created by the Holders).
Appears in 1 contract
Samples: Subscription and Purchase Agreement (Macatawa Bank Corp)
Free and Clear Delivery. All shares of Common Stock delivered upon conversion of the Series A F Preferred Stock shall, upon issuance, be duly authorized, validly issued, fully paid and non-assessable, free and clear of all liens, claims, security interests and other encumbrances (other than liens, charges, security interests and other encumbrances created by the Holders).
Appears in 1 contract
Samples: Read Carefully and Complete (Taylor Capital Group Inc)
Free and Clear Delivery. All shares of Common Stock delivered upon conversion of the Series A C Preferred shall, upon issuance, be duly authorized, validly issued, fully paid and non-assessable, free and clear of all liens, claims, security interests and other encumbrances (other than liens, charges, security interests and other encumbrances created by the Holders).
Appears in 1 contract
Samples: Registration Rights Agreement (Taylor Capital Group Inc)
