Common use of Issuance of the Securities Clause in Contracts

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Series C Preferred Stock such number of shares of Common Stock into which such Securities shall then be convertible into.

Appears in 8 contracts

Samples: Subscription Agreement (Miso Robotics, Inc.), Subscription Agreement (Future Acres, Inc.), Subscription Agreement (Miso Robotics, Inc.)

AutoNDA by SimpleDocs

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Series C Class A Preferred Stock such number of shares of Class A Common Stock into which such Securities shall then be convertible into.

Appears in 6 contracts

Samples: Subscription Agreement (Bear Village, Inc.), Subscription Agreement (Bear Village, Inc.), Subscription Agreement (ERC Homebuilders 1, Inc.)

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Series C A Preferred Stock such number of shares of Class A Common Stock into which such Securities shall then be convertible into.

Appears in 5 contracts

Samples: Subscription Agreement (GolfSuites 4, Inc.), Subscription Agreement (GolfSuites 6, Inc.), Subscription Agreement (GolfSuites 2, Inc.)

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Series C Preferred Stock such number of shares of Common Stock into which such Securities shall then be convertible into.

Appears in 4 contracts

Samples: Subscription Agreement (Hoop Street Center I Corp), Subscription Agreement (Hoop Street Center I Corp), Subscription Agreement (Hoop Street Center I Corp)

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Series C Seed Preferred Stock such number of shares of Common Stock into which such Securities shall then be convertible into.

Appears in 3 contracts

Samples: Subscription Agreement (Future Acres, Inc.), Subscription Agreement (Future Acres, Inc.), Subscription Agreement (Future Acres, Inc.)

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Series C B Preferred Stock such number of shares of Common Stock into which such Securities shall then be convertible into.

Appears in 2 contracts

Samples: Subscription Agreement (6d Bytes Inc.), Subscription Agreement (6d Bytes Inc.)

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the selling securityholder and the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Non-Voting Series C A-3 Preferred Stock such number of shares of Common Stock into which such Securities shall then be convertible into.

Appears in 2 contracts

Samples: Subscription Agreement, Subscription Agreement (Boxabl Inc.)

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Non-Voting Series C A-3 Preferred Stock such number of shares of Common Stock into which such Securities shall then be convertible into.

Appears in 2 contracts

Samples: Subscription Agreement (Boxabl Inc.), Subscription Agreement (Boxabl Inc.)

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Series C Preferred Stock such number of shares of Class A Common Stock into which such Securities shall then be convertible into.

Appears in 2 contracts

Samples: Subscription Agreement (Careerlink Holdings, Inc), Subscription Agreement (GolfSuites 1, Inc.)

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Series C Class A Preferred Stock such number of shares of Common Stock into which such Securities shall then be convertible into.

Appears in 2 contracts

Samples: Subscription Agreement (TerraCycle US Inc.), Subscription Agreement (TerraCycle US Inc.)

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Series C A-1 Preferred Stock such number of shares of Common Stock into which such Securities shall then be convertible into.

Appears in 2 contracts

Samples: Subscription Agreement (Gryphon Online Safety, Inc.), Subscription Agreement (Gryphon Online Safety, Inc.)

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Series C [Series] Preferred Stock such number of shares of Common Stock into which such Securities shall then be convertible into.

Appears in 2 contracts

Samples: Subscription Agreement (T Stamp Inc), Subscription Agreement (T Stamp Inc)

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Series C A Preferred Stock such number of shares of Common Stock into which such Securities shall then be convertible into.

Appears in 2 contracts

Samples: Subscription Agreement (Future Labs V, Inc.), Subscription Agreement (Future Labs V, Inc.)

AutoNDA by SimpleDocs

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-non- assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Series C A Preferred Stock such number of shares of Class A Common Stock into which such Securities shall then be convertible intoconvertible.

Appears in 2 contracts

Samples: Subscription Agreement, Subscription Agreement

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Series C Preferred Stock such number of shares of Common Stock into which such Securities shall then be convertible into.

Appears in 1 contract

Samples: Subscription Agreement

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Series C Preferred Class A Common Stock such number of shares of Class B Common Stock into which such Securities shall then be convertible intoconvertible.

Appears in 1 contract

Samples: Subscription Agreement (Ryca International, Inc.)

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Series C A Preferred Stock such number of shares of Class A Common Stock into which such Securities shall then be convertible into.

Appears in 1 contract

Samples: Subscription Agreement

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-non- assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Series C Preferred Stock Shares such number of shares of Common Stock into which such Securities shall then be convertible intoconvertible.

Appears in 1 contract

Samples: Subscription Agreement

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-non- assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Series C Preferred Stock Securities such number of shares of Common Stock membership interests into which such Securities shall then be convertible into.

Appears in 1 contract

Samples: Convertible Note Subscription Agreement

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Series C A Preferred Stock such number of shares of Class A Common Stock tock into which such Securities shall then be convertible into.

Appears in 1 contract

Samples: Subscription Agreement (Planet Alpha Corp.)

Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Subscription Agreement has been duly authorized by all necessary corporate action on the part of the Company. The Securities, when so issued, sold and delivered against payment therefor in accordance with the provisions of this Subscription Agreement, will be duly and validly issued, fully paid and non-assessable. The Company hereby agrees that there shall be reserved for issuance and delivery upon conversion of the Series C A Preferred Stock such number of shares of Class A Common Stock into which such Securities shall then be convertible into.

Appears in 1 contract

Samples: Subscription Agreement (Cub Crafters, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!