Common use of Issuance of Exchange Securities Clause in Contracts

Issuance of Exchange Securities. The issuance of the Exchange Securities is duly authorized and, upon issuance in accordance with the terms hereof, the Exchange Securities shall be validly issued, fully paid and non-assessable shares of the common stock of the Company. Assuming the truth and accuracy of each of the representations and warranties of the Holder contained in Section 3 of this Agreement, the issuance by the Company of the Exchange Securities is exempt from registration under the Securities Act.

Appears in 2 contracts

Samples: Exchange Agreement (Electronic Cigarettes International Group, Ltd.), Exchange Agreement (ECO Building Products, Inc.)

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Issuance of Exchange Securities. The issuance of the Exchange Securities is duly authorized and, upon issuance in accordance with the terms hereof, the Exchange Securities Underlying Shares shall be validly issued, fully paid and non-assessable shares of the common stock Common Stock of the Company. Assuming the truth and accuracy of each of the representations and warranties of the Holder contained in Section 3 of this Agreement, the issuance by the Company of the Exchange Securities is exempt from registration under the Securities Act.

Appears in 1 contract

Samples: Assignment and Exchange Agreement (Epic Stores Corp.)

Issuance of Exchange Securities. The issuance of the Exchange Securities by the Company is duly authorized and, upon issuance conveyance in accordance with the terms hereof, the Exchange Securities shall be validly issued, fully paid and non-assessable shares of the common stock of the Companyassessable. Assuming the truth Upon issuance and accuracy of each of the representations and warranties of the Holder contained conveyance in Section 3 of this Agreementaccordance herewith, the issuance conveyance by the Company of the Exchange Securities is exempt from the registration requirements of the Securities Act under Section 3(a)(9) of the Securities Act.

Appears in 1 contract

Samples: Exchange Agreement (Summit Wireless Technologies, Inc.)

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Issuance of Exchange Securities. The issuance of the Exchange Securities is duly authorized and, upon issuance in accordance with the terms hereof, the Exchange Securities shall be validly issued, fully paid and non-assessable shares of the common stock of the Company. Assuming the truth and accuracy of each of the representations and warranties of the Holder contained in Section 3 of this Agreement, the issuance by the Company of the Exchange Securities is exempt from registration under the Securities Act.

Appears in 1 contract

Samples: Exchange Agreement (Solar Wind Energy Tower, Inc.)

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