Common use of Fully Paid Shares Clause in Contracts

Fully Paid Shares. The Company covenants and agrees that the Shares which may be issued on the exercise of the rights represented by this Warrant will, on issuance, be fully paid and nonassessable, and free form all taxes, liens, and charges with respect to the issue thereof.

Appears in 3 contracts

Samples: Warrant Agreement (Cannabis Sativa, Inc.), Common Stock Purchase Warrant (Upland Energy Corp), Common Stock Purchase Warrant (Upland Energy Corp)

AutoNDA by SimpleDocs

Fully Paid Shares. The Company covenants and agrees that the Warrant Shares which may be issued on the exercise of the rights represented by this Warrant willwill be, on issuancewhen issued, be fully paid and nonassessable, nonassessable and free form from all taxes, liens, and charges with respect to the issue thereof. The Company further covenants and agrees that during the period within which the rights represented by this Warrant may be exercised, the Company will have authorized and reserved a sufficient number of shares of common stock to provide for the exercise of the rights represented by this Warrant.

Appears in 3 contracts

Samples: Warrant Agreement (Larson Davis Inc), Warrant Agreement (Larson Davis Inc), Warrant Agreement (Larson Davis Inc)

AutoNDA by SimpleDocs

Fully Paid Shares. The Company covenants and agrees that the Shares which may be issued on the exercise of the rights represented by this Warrant will, on issuance, be fully paid and nonassessable, and free form from all taxes, liens, and charges with respect to the issue thereof.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Calibrus, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!