Investor Stock. The Investor Stock has been duly authorized and -------------- validly issued, and upon payment to the Company of the Purchase Payment at the Closing, will be fully paid and nonassessable Common Stock, free and clear of all Liens and restrictions, other than Liens that might have been created by Investor and restrictions imposed by (i) Section 4.2 hereof, (ii) applicable state securities laws and (iii) the Securities Act.
Appears in 3 contracts
Samples: Stock Purchase Agreement (Interplay Entertainment Corp), Stock Purchase Agreement (Fargo Brian), Stock Purchase Agreement (Titus Interactive S A)
Investor Stock. The Investor Stock has been duly authorized -------------- and -------------- validly issued, and upon payment to the Company of the Net Purchase Payment and cancellation of the Initial Note and the Additional Note at the Closing, will be fully paid and nonassessable Common Stock, free and clear of all Liens and restrictions, other than Liens that might have been created by Investor and restrictions imposed by (i) Section 4.2 hereof, (ii) applicable state securities laws and laws, (iii) the Securities ActAct and (iv) the Stockholder Agreement.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Fargo Brian), Stock Purchase Agreement (Interplay Entertainment Corp)
Investor Stock. The Investor Stock has been duly authorized and -------------- validly issued, and upon payment to the Company of the Net Purchase Payment and cancellation of the Initial Note and the Additional Note at the Closing, will be fully paid and nonassessable Common Stock, free and clear of all Liens and restrictions, other than Liens that might have been created by Investor and restrictions imposed by (i) Section 4.2 hereof, (ii) applicable state securities laws and laws, (iii) the Securities ActAct and (iv) the Stockholder Agreement.
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