Issuance of Conversion Shares. The Conversion Shares are duly authorized and, when issued and paid for in accordance with the Agreement, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Agreement.
Appears in 2 contracts
Samples: Indebtedness Conversion Agreement, Indebtedness Conversion Agreement (Yulong Eco-Materials LTD)
Issuance of Conversion Shares. The Conversion Shares are will be duly authorized and, when issued and paid for in accordance with the terms of this Agreement, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Agreementliens.
Appears in 1 contract
Samples: Exchange and Asset Purchase Agreement (Content Checked Holdings, Inc.)
Issuance of Conversion Shares. The Conversion Shares are have been duly authorized and, by all necessary corporate action and when issued and paid for delivered to Holder(s) in accordance with the Agreement, terms thereof will be duly validly issued and validly issuedoutstanding, fully full paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Agreementnon-assessable.
Appears in 1 contract
Issuance of Conversion Shares. The issuance of the Conversion Shares are has been duly authorized and, when issued and paid for upon issuance in accordance with the Agreementterms of the Notes, the Conversion Shares will be duly and validly issued, fully paid and nonassessable, non-assessable and free and clear of from all Liens imposed by the Company other than restrictions on transfer provided for in the Agreementpreemptive or similar rights.
Appears in 1 contract
Samples: Amended and Restated Note Purchase Agreement (Cyclo Therapeutics, Inc.)
