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
Appears in 2 contracts
Samples: Exchange Agreement (Electronic Cigarettes International Group, Ltd.), Exchange Agreement (Victory Electronic Cigarettes Corp)
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 sharesassessable.
Appears in 1 contract
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 sharesand
Appears in 1 contract
Samples: Exchange Agreement (Electronic Cigarettes International Group, Ltd.)