Common use of Issuance of the Consideration Shares Clause in Contracts

Issuance of the Consideration Shares. The issuance of the Consideration Shares has been duly authorized and, when issued, the Consideration Shares will be duly and validly issued, fully paid and nonassessable, free and clear of all Encumbrances.

Appears in 4 contracts

Samples: Asset Purchase Agreement (JR Resources Corp.), Joint Venture Agreement (JR Resources Corp.), Joint Venture Agreement (Dakota Territory Resource Corp)

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Issuance of the Consideration Shares. The issuance of the Consideration Shares has been are duly authorized and, when issuedissued and paid for in accordance with this Agreement, the Consideration Shares will be duly and validly issued, fully paid and nonassessable, free and clear of all Encumbrances.

Appears in 1 contract

Samples: Equity Purchase Agreement (FreightCar America, Inc.)

Issuance of the Consideration Shares. The issuance of the Consideration Shares has been are duly authorized and, when issuedissued and paid for, the Consideration Shares will be duly and validly issued, fully paid and nonassessablenon-assessable, free and clear of all EncumbrancesEncumbrances imposed by the Purchaser other than restrictions on transfer provided for under applicable securities laws.

Appears in 1 contract

Samples: Securities Purchase Agreement (Sekur Private Data Ltd.)

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Issuance of the Consideration Shares. The issuance of the Consideration Shares has been are duly authorized and, when issuedissued and paid for in accordance with the Agreement, the Consideration Shares will be duly and validly issued, fully paid and nonassessablenon-assessable, free and clear of all EncumbrancesEncumbrances imposed by the Purchaser other than restrictions on transfer provided for in the Agreement and under applicable securities laws.

Appears in 1 contract

Samples: Share Purchase Agreement

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