Fully Paid and Nonassessable Shares. Upon receipt by the Company of the proceeds from the Purchased Shares and the delivery of the certificate(s) for the Purchased Shares to Purchaser, the Purchased Shares will be validly issued, fully paid and nonassessable.
Appears in 4 contracts
Samples: Subscription Agreement (Robison John H), Subscription Agreement (Transbotics Corp), Subscription Agreement (Transbotics Corp)