Common use of Issuance of Parent Shares Clause in Contracts

Issuance of Parent Shares. Upon the Subscription Closing, the Subscription Shares shall be duly authorized and validly issued to the Subscriber, fully paid and non-assessable, and free and clear of all Liens, preemptive rights, rights of first refusal, subscription and similar rights.

Issuance of Parent Shares. Upon the Subscription Closingissuance, the Subscription Shares shall will be duly authorized and authorized, validly issued to the Subscriberissued, fully paid and non-assessable, and free and clear of all Liens, preemptive pre-emptive rights, rights of first refusal, subscription and similar rights.