Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 233 contracts
Samples: Securities Purchase Agreement (SaVi Media Group, Inc.), Securities Purchase Agreement (Worldgate Communications Inc), Securities Purchase Agreement (Dynamic Leisure Corp)
Issuance of Securities. The Convertible Debentures are duly ------------------------ authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 5 contracts
Samples: Securities Purchase Agreement (Intrepid Technology & Resource Inc), Securities Purchase Agreement (Falcon Natural Gas Corp), Securities Purchase Agreement (Ns8 Corp)
Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, issued as fully paid and nonassessablenon-assessable securities, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been are duly authorized for issuance and reserved for issuance. Upon conversion or exercise when issued in accordance with the Convertible Debentures terms of the Conversion Shares Transaction Documents, will be duly issued, fully paid and nonassessablenon-assessable securities, free from all taxes, liens and charges imposed by the Company.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Smartire Systems Inc), Securities Purchase Agreement (Smartire Systems Inc), Securities Purchase Agreement (Smartire Systems Inc)
Issuance of Securities. The Convertible Debentures are Debenture is duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures Debenture have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures Debenture the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Smartire Systems Inc), Securities Purchase Agreement (Transax International LTD), Securities Purchase Agreement (Transax International LTD)
Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of and the Convertible Debentures Warrant Shares have been duly authorized and reserved for issuance, based on the initial conversion price. Upon conversion or exercise in accordance with the Convertible Debentures Transaction Documents, the Conversion Shares and the Warrant Shares will be duly issued, fully paid and nonassessable.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Cromwell Uranium Corp.), Securities Purchase Agreement (Lam Liang Corp.), Securities Purchase Agreement (Foothills Resources Inc)
Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the terms of the Convertible Debentures Debentures, the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Bsi2000 Inc), Securities Purchase Agreement (Bsi2000 Inc), Securities Purchase Agreement (Bsi2000 Inc)
Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Upon the Share Authorization, the Conversion Shares issuable upon conversion of the Convertible Debentures have been will be duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Ignis Petroleum Group, Inc.), Securities Purchase Agreement (Ignis Petroleum Group, Inc.), Securities Purchase Agreement (Ignis Petroleum Group, Inc.)
Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance when issued and paid for in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 3 contracts
Samples: Securities Purchase Agreement (DNC Multimedia Corp), Securities Purchase Agreement (Buckeye Ventures, Inc.), Securities Purchase Agreement (Planetlink Communications Inc)
Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been duly authorized and reserved for issuance. Upon conversion or exercise of the Convertible Debentures in accordance with the Convertible Debentures terms thereof, the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Carbiz Inc), Securities Purchase Agreement (Thinkpath Inc)
Issuance of Securities. The Convertible Debentures Debenture are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures Debenture have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures Debenture the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Mobilepro Corp), Securities Purchase Agreement (Global Concepts, Ltd.)
Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of and the Convertible Debentures Warrant Shares have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures Transaction Documents, the Conversion Shares and the Warrant Shares will be duly issued, fully paid and nonassessable.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Cenuco Inc), Securities Purchase Agreement (Cenuco Inc)
Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares, the Warrant Shares issuable upon conversion of and the Convertible Debentures Escrow Shares have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures Transaction Documents, the Conversion Shares, the Warrant Shares and Escrow Shares will be duly issued, fully paid and nonassessable.
Appears in 2 contracts
Samples: Securities Purchase Agreement (First Look Studios Inc), Securities Purchase Agreement (Oxford Ventures Inc)
Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares, the Warrant Shares issuable upon conversion of and the Convertible Debentures Escrow Shares have been duly authorized and reserved for issuance. Upon issuance upon conversion or exercise in accordance with the Convertible Debentures Transaction Documents, the Conversion Shares, the Warrant Shares and Escrow Shares will be duly issued, fully paid and nonassessable.
Appears in 1 contract
Samples: Securities Purchase Agreement (Nanoscience Technologies Inc)
Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid validly issued and nonassessableoutstanding, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 1 contract
Samples: Securities Purchase Agreement (Startech Environmental Corp)
Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures Debentures, the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 1 contract
Samples: Securities Purchase Agreement (Homeland Security Capital CORP)
Issuance of Securities. The Convertible Debentures are duly authorized and, and upon issuance conversion in accordance with the terms hereof, hereof shall be duly issued will be validly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures Debenture have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 1 contract
Samples: Securities Purchase Agreement (NewGen Technologies, Inc)
Issuance of Securities. The Convertible Debentures are duly ---------------------- authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 1 contract
Samples: Securities Purchase Agreement (Roanoke Technology Corp)
Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid issued and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been will be duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the terms of the Convertible Debentures Debentures, the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 1 contract
Samples: Securities Purchase Agreement (Micro Imaging Technology, Inc.)
Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures Debentures, the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 1 contract
Samples: Securities Purchase Agreement (Smartire Systems Inc)
Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 1 contract
Samples: Debenture Purchase Agreement (Lithium Technology Corp)
Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been duly authorized and reserved for issuanceauthorized. Upon conversion or exercise in accordance with the Convertible Debentures the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 1 contract
Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereofhereof and thereof, shall be duly issued, fully paid and nonassessable, are and free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the terms of the Convertible Debentures Debentures, the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 1 contract
Issuance of Securities. The Convertible Debentures are duly authorized andauthorized, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, and are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 1 contract
Issuance of Securities. The Convertible Debentures are duly ------------------------- authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 1 contract
Samples: Securities Purchase Agreement (Falcon Natural Gas Corp)
Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures Debentures, the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 1 contract
Samples: Debenture Purchase Agreement (Lithium Technology Corp)
Issuance of Securities. The Convertible Debentures are duly authorized ---------------------- and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 1 contract
Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessablenon-assessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares, the Warrant Shares issuable upon conversion of and the Convertible Debentures Security Shares have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures Transaction Documents, the Conversion Shares and the Warrant Shares will be duly issued, fully paid and nonassessable.be
Appears in 1 contract
Issuance of Securities. The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 1 contract
Issuance of Securities. The Convertible Debentures are ------------------------ duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures the Conversion Shares will be duly issued, fully paid and nonassessable.
Appears in 1 contract
