Common use of Issuance of Commitment Shares Clause in Contracts

Issuance of Commitment Shares. The Commitment Shares are duly authorized and will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 17 contracts

Samples: Securities Purchase Agreement (Ionix Technology, Inc.), Securities Purchase Agreement (Ionix Technology, Inc.), Securities Purchase Agreement (Growlife, Inc.)

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Issuance of Commitment Shares. The Commitment Shares are duly authorized for issuance and will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 9 contracts

Samples: Securities Purchase Agreement (Code Green Apparel Corp), Securities Purchase Agreement (Code Green Apparel Corp), Securities Purchase Agreement (Code Green Apparel Corp)

Issuance of Commitment Shares. The issuance of the Commitment Shares are duly authorized and will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 9 contracts

Samples: Securities Purchase Agreement (iCoreConnect Inc.), Securities Purchase Agreement (Clean Energy Technologies, Inc.), Form of Securities Purchase Agreement (Aditxt, Inc.)

Issuance of Commitment Shares. The issuance of the Commitment Shares are duly authorized and will be validly issued, fully paid paid, and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 4 contracts

Samples: Securities Purchase Agreement (SIMPLICITY ESPORTS & GAMING Co), Securities Purchase Agreement (SIMPLICITY ESPORTS & GAMING Co), Securities Purchase Agreement (SIMPLICITY ESPORTS & GAMING Co)

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Issuance of Commitment Shares. The Commitment Shares are have been duly authorized and reserved for issuance and, when delivered by the parties upon the Company’s receipt of the Purchase Price, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 3 contracts

Samples: Securities Purchase Agreement (La Rosa Holdings Corp.), Securities Purchase Agreement (La Rosa Holdings Corp.), Securities Purchase Agreement (La Rosa Holdings Corp.)

Issuance of Commitment Shares. The issuance of the Commitment Shares are is duly authorized and will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Growlife, Inc.)

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