Issuance of Holdings Common Stock. The shares of Holdings Common Stock to be delivered to MAII hereunder have been duly and validly authorized and when issued in accordance with this Agreement, will be duly and validly issued, fully paid and nonassessable and will not have been issued in violation of any statutory preemptive rights, or any other preemptive right, co-sale right, right of first refusal or other similar right.
Appears in 2 contracts
Samples: Merger Agreement (CRD Holdings Inc), Merger Agreement (Maii Holdings Inc)
Issuance of Holdings Common Stock. The shares of Holdings Common Stock to be delivered to MAII the Members hereunder have been duly and validly authorized and when issued in accordance with this Agreement, will be duly and validly issued, fully paid and nonassessable and will not have been issued in violation of any statutory preemptive rights, or any other preemptive right, co-sale right, right of first refusal or other similar right.
Appears in 2 contracts
Samples: Merger Agreement (Kruger Paul), Merger Agreement (Boundless Motor Sports Racing Inc)
Issuance of Holdings Common Stock. The shares of Holdings Common Stock to be delivered to MAII the Company Shareholders hereunder have been duly and validly authorized and when issued in accordance with this Agreement, will be duly and validly issued, fully paid and nonassessable and will not have been issued in violation of any statutory preemptive rights, or any other preemptive right, co-sale right, right of first refusal or other similar right.
Appears in 2 contracts
Samples: Merger Agreement (Kruger Paul), Merger Agreement (Boundless Motor Sports Racing Inc)