Common use of Issuance of the Securities Clause in Contracts

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.

Appears in 86 contracts

Samples: Note and Warrant Purchase Agreement (Lucid Inc), Securities Purchase Agreement (Imageware Systems Inc), Securities Purchase Agreement (Certified Diabetic Services Inc)

AutoNDA by SimpleDocs

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Actual Minimum on the date hereof.

Appears in 23 contracts

Samples: Securities Purchase Agreement (Sequiam Corp), Securities Purchase Agreement (Shoe Pavilion Inc), Securities Purchase Agreement (DDS Technologies Usa Inc)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction DocumentsCompany. The Underlying Shares, when issued upon conversion of the Notes, and the Warrant Shares, when issued in accordance with the terms of the Transaction DocumentsWarrants, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved shall reserve from its duly authorized capital stock a number of shares of Common Stock for issuance of issuable pursuant to the Underlying Shares at least Notes and the Warrants equal to the Required Minimum on the date hereofamount set forth in Section 4.9.

Appears in 10 contracts

Samples: Securities Purchase Agreement (QHSLab, Inc.), Securities Purchase Agreement (C-Bond Systems, Inc), Securities Purchase Agreement (American Rebel Holdings Inc)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction DocumentsCompany. The Underlying Shares, when issued upon conversion of the Notes, and the Warrant Shares, when issued in accordance with the terms of the Transaction DocumentsWarrants, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of issuable pursuant to the Underlying Shares at least Notes and the Warrants equal to the Required Minimum on the date hereofamount set forth in Section 4.9.

Appears in 6 contracts

Samples: Securities Purchase Agreement (OncBioMune Pharmaceuticals, Inc), Securities Purchase Agreement (OncBioMune Pharmaceuticals, Inc), Securities Purchase Agreement (Probility Media Corp)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying SharesCommon Stock issuable upon exercise of the Notes, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessablenon-assessable, free and clear of all Liens imposed by the Company, and its Subsidiaries. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on amount required to satisfy the date hereofconversion of the Note.

Appears in 5 contracts

Samples: Securities Purchase Agreement (White River Energy Corp.), Securities Purchase Agreement (White River Energy Corp.), Securities Purchase Agreement (White River Energy Corp.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Conversion Shares, when issued in accordance with the terms of the Transaction DocumentsPreferred Stock, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved shall reserve from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal issuable pursuant to the Required Minimum on the date hereofPreferred Stock.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Formation Minerals, Inc.), Securities Purchase Agreement (Artificial Intelligence Technology Solutions Inc.), Securities Purchase Agreement (NaturalShrimp Inc)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Conversion Shares, when issued in accordance with the terms upon conversion of the Transaction DocumentsPreferred Stock, when issued, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved shall reserve from its duly authorized capital stock a number of shares of Common Stock for issuance of issuable pursuant to the Underlying Shares at least Preferred Stock equal to the Required Minimum on the date hereofamount set forth in Section 2.1(b)(iv).

Appears in 5 contracts

Samples: Securities Purchase Agreement (Renavotio, Inc.), Securities Purchase Agreement (Renavotio, Inc.), Securities Purchase Agreement (Renavotio, Inc.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The As agreed with each Purchaser, the Company has not reserved from its duly authorized capital stock a number of any shares of Common Stock for issuance of the Underlying Shares at least Shares, but will so reserve a number of shares equal to the Required Minimum on at such time as the date hereofCompany receives Authorized Share Approval.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Hartville Group Inc), Securities Purchase Agreement (Hartville Group Inc), Securities Purchase Agreement (Hartville Group Inc)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereofShares.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Bullion River Gold Corp), Securities Purchase Agreement (Bullion River Gold Corp), Securities Purchase Agreement (Bullion River Gold Corp)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction DocumentsCompany. The Underlying Shares, when issued upon conversion of the Notes, and the Warrant Shares, when issued in accordance with the terms of the Transaction DocumentsWarrants, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved shall reserve from its duly authorized capital stock a number of shares of Common Stock for issuance of issuable pursuant to the Underlying Shares at least Notes and Warrants equal to the Required Minimum on the date hereofamount set forth in Section 4.9.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Innovation1 Biotech Inc.), Securities Purchase Agreement (Innovation1 Biotech Inc.), Securities Purchase Agreement (Innovation1 Biotech Inc.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Warrant Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Warrant Shares at least equal to the Required Minimum on the date hereof.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Chembio Diagnostics, Inc.), Securities Purchase Agreement (Novadel Pharma Inc), Securities Purchase Agreement (Omnireliant Holdings, Inc.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction DocumentsCompany. The Underlying Shares, when issued upon conversion of the Notes, and the Warrant Shares, when issued in accordance with the terms of the Transaction DocumentsWarrants, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of issuable pursuant to the Underlying Shares at least Notes and the Warrant equal to the Required Minimum on the date hereofamount set forth in Section 4.6.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Medite Cancer Diagnostics, Inc.), Securities Purchase Agreement (Medite Cancer Diagnostics, Inc.), Securities Purchase Agreement (Medite Cancer Diagnostics, Inc.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company Company, other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the CompanyCompany other than restrictions on transfer provided for in the Transaction Documents. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.

Appears in 4 contracts

Samples: Securities Purchase Agreement (theMaven, Inc.), Securities Purchase Agreement (theMaven, Inc.), Securities Purchase Agreement (theMaven, Inc.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has will have reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Lattice INC), Securities Purchase Agreement (Lattice INC), Securities Purchase Agreement (Lattice INC)

Issuance of the Securities. The Securities are duly authorized and, when issued and and/or paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying SharesSecurities, when issued in accordance with the terms of the Transaction DocumentsSecurities, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by other than restrictions on transfer provided for in the CompanySecurities. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares Securities at least equal to the Required Minimum on the date hereof.

Appears in 3 contracts

Samples: Securities Purchase Agreement (CISO Global, Inc.), Securities Purchase Agreement (Vitro Biopharma, Inc.), Securities Purchase Agreement (Neuraxis, INC)

Issuance of the Securities. The Securities shares of Preferred Stock are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction DocumentsCompany. The Underlying SharesShares and Warrant Shares have been duly authorized and, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereofMinimum.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Generex Biotechnology Corp), Securities Purchase Agreement (Generex Biotechnology Corp), Securities Purchase Agreement (Generex Biotechnology Corp)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessablenon-assessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Note Shares and the Incentive Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessablenon-assessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Note Shares and Incentive Shares at least equal to the Required Minimum on the date hereof.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Cyberdefender Corp), Securities Purchase Agreement (Cyberdefender Corp), Securities Purchase Agreement (Cyberdefender Corp)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction DocumentsDocuments or under applicable securities laws. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Zurvita Holdings, Inc.), Securities Purchase Agreement (Zurvita Holdings, Inc.), Securities Purchase Agreement (Zurvita Holdings, Inc.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the CompanyCompany other than restrictions on transfer provided for in the Transaction Documents. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Capnia, Inc.), Securities Purchase Agreement (Capnia, Inc.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid issued and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by Company other than restrictions on transfer provided for in the CompanyTransaction Documents. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Discovery Energy Corp.), Securities Purchase Agreement (Discovery Energy Corp.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company Company, other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.

Appears in 2 contracts

Samples: Master Exchange Agreement (FP Technology, Inc.), Master Exchange Agreement (FP Technology, Inc.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction DocumentsCompany. The Underlying Shares, when issued upon conversion of the Note, and the Warrant Shares, when issued in accordance with the terms of the Transaction DocumentsWarrants, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of issuable pursuant to the Underlying Shares at least Note and the Warrant equal to the Required Minimum on the date hereofamount set forth in Section 4.6.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Emmaus Life Sciences, Inc.), Securities Purchase Agreement (Medite Cancer Diagnostics, Inc.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessablenon-assessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Note Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessablenon-assessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Note Shares at least equal to the Required Minimum on the date hereof.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Asure Software Inc), Securities Purchase Agreement (Cyberdefender Corp)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction DocumentsDocuments or under applicable securities laws. The Underlying Warrant Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Warrant Shares at least equal to the Required Minimum on the date hereof.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Infusion Brands International, Inc.), Securities Purchase Agreement (Omnireliant Holdings, Inc.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Warrant Shares, when issued in accordance with the terms of the Transaction DocumentsWarrant, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved shall reserve from its duly authorized capital stock a number of shares of Common Stock for issuance of issuable pursuant to the Underlying Shares at least Warrant equal to the Required Minimum on the date hereofamount set forth in Section 2.1(b)(iv).

Appears in 2 contracts

Samples: Securities Purchase Agreement (NaturalShrimp Inc), Securities Purchase Agreement (NaturalShrimp Inc)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Warrant Shares and the Put Note Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Warrant Shares and Put Note Shares at least equal to the Required Minimum on the date hereof.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Syzygy Entertainment LTD), Securities Purchase Agreement (Gulfstream International Group Inc)

Issuance of the Securities. The Securities are duly authorized andSecurities, when issued and paid for in accordance with the applicable Transaction Documents, will be duly authorized and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.

Appears in 2 contracts

Samples: Securities Purchase Agreement (CannLabs, Inc.), Securities Purchase Agreement (CannLabs, Inc.)

Issuance of the Securities. The Securities are duly authorized and, when issued and and/or paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying SharesSecurities, when issued in accordance with the terms of the Transaction DocumentsSecurities, will be validly issued, fully paid and nonassessable, ,free and clear of all Liens imposed by other than restrictions on transfer provided for in the CompanySecurities. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares Securities at least equal to the Required Minimum on the date hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Paid Inc)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction DocumentsDebenture, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens liens imposed by the Company other than restrictions on transfer provided for in the Transaction DocumentsDebenture. The Underlying Shares, when issued in accordance with the terms of the Transaction DocumentsDebenture and Warrants, will be validly issued, fully paid and nonassessable, free and clear of all Liens liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereofShares.

Appears in 1 contract

Samples: Convertible Security Agreement (Xechem International Inc)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Global National Communications Corp.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction DocumentsCompany. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereofShares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Biostage, Inc.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer as a result of or as provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the applicable Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Xenomics Inc)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Sharesshares underlying the Securities, when issued in accordance with the terms of the Transaction Documentsthis Agreement, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the CompanyCompany other than restrictions on transfer provided for in the Transaction Documents. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to shares underlying the Required Minimum on the date hereofSecurities.

Appears in 1 contract

Samples: Amendment to Debentures, Agreement and Waiver (Cryoport, Inc.)

Issuance of the Securities. The Subject to Stockholder Approval, the Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Fellows Energy LTD)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the terms of the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Saflink Corp)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documentsarising pursuant to applicable securities laws. The Underlying SharesNotes are duly authorized and, when issued and delivered in accordance with the terms of the applicable Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Companyenforceable in accordance with their terms. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Uppercut Brands, Inc.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, and upon payment therefor, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Guardian Technologies International Inc)

Issuance of the Securities. The Securities are duly authorized and, when issued and and/or paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying SharesSecurities, when issued in accordance with the terms of the Transaction DocumentsSecurities, will be validly issued, fully paid and nonassessable, ,free and clear of all Liens imposed by other than restrictions on transfer provided for in the CompanySecurities. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares Securities at least equal to the Required Minimum on the date hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Vocodia Holdings Corp)

AutoNDA by SimpleDocs

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessablenon-assessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessablenon-assessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a sufficient number of shares of Common Stock for the issuance of the Underlying Shares at least equal to the Required Minimum on the date hereofShares.

Appears in 1 contract

Samples: Underwriting Agreement (PreMD Inc.)

Issuance of the Securities. The Securities Warrants are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documentsthis Agreement, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.

Appears in 1 contract

Samples: Warrants Purchase Agreement (Tarrant Apparel Group)

Issuance of the Securities. The Securities are duly authorized and, when issued and and/or paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying SharesSecurities, when issued in accordance with the terms of the Transaction DocumentsSecurities, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by other than restrictions on transfer provided for in the CompanySecurities. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares Securities at least equal to the Required Minimum on the date hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Vocodia Holdings Corp)

Issuance of the Securities. The Securities Warrants are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documentsthis Agreement, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof...

Appears in 1 contract

Samples: Warrants Purchase Agreement (Tarrant Apparel Group)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock necessary for issuance of all of the Underlying Shares at least equal to the Required Minimum on the date hereofShares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Airbee Wireless, Inc.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Sharesstock underlying any conversion rights, when issued upon conversion and issuance in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance adequate to cover the conversion rights under the Debentures and all other obligations of the Underlying Shares at least equal to Company under the Required Minimum on the date hereofTransaction Documents.

Appears in 1 contract

Samples: Securities Purchase Agreement (Enlightened Gourmet, Inc.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying SharesShares and Additional Stock, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by other than restrictions on transfer provided for in the CompanyTransaction Documents. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereofShares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Mount Knowledge Holdings, Inc.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessablenon-assessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessablenon-assessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cyberdefender Corp)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction DocumentsCompany. The Underlying Shares, when issued upon conversion of the Notes, and the Warrant Shares, when issued in accordance with the terms of the Transaction DocumentsWarrants, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of issuable pursuant to the Underlying Shares at least Notes and the Warrants equal to the Required Minimum on the date hereofamount set forth in Section 4.11.

Appears in 1 contract

Samples: Securities Purchase Agreement (Guided Therapeutics Inc)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the CompanyCompany other than restrictions on transfer provided for in the Transaction Documents. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.

Appears in 1 contract

Samples: Subordination Agreement (Staffing 360 Solutions, Inc.)

Issuance of the Securities. The Securities Debenture and Warrant are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Warrant Shares, when issued and paid for in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Warrant Shares at least equal to the Required Minimum on the date hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Theater Xtreme Entertainment Group, Inc)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Actual Minimum on the date hereofhereof (based on the VWAP on the date immediately prior to the date of this Agreement).

Appears in 1 contract

Samples: Securities Purchase Agreement (Gigabeam Corp)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved will reserve from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Actual Minimum on the date hereofhereof following the reverse stock split as required pursuant to Section 4.16 herein.

Appears in 1 contract

Samples: Securities Purchase Agreement (Force Protection Inc)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying SharesSecurities, when issued in accordance with the terms of the Transaction DocumentsSecurities, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by other than restrictions on transfer provided for in the CompanySecurities. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares Securities at least equal to the Required Minimum on the date hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Intrinsic Medicine, Inc.)

Issuance of the Securities. The Securities Underlying Shares are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereofShares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Ibsg International Inc)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessablenon-assessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Note Shares and Warrant Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessablenon-assessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Note Shares and Warrant Shares at least equal to the Required Minimum on the date hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cyberdefender Corp)

Issuance of the Securities. The Securities are duly authorized and, when issued and and/or paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying SharesSecurities, when issued in accordance with the terms of the Transaction DocumentsSecurities, will be validly issued, fully paid and nonassessable, ,free and clear of all Liens imposed by other than restrictions on transfer provided for in the CompanySecurities. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Incentive Shares and Underlying Shares Securities at least equal to the Required Minimum on the date hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Vocodia Holdings Corp)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The As agreed with each Purchaser, the Company has not reserved from its duly authorized capital stock a number of any shares of Common Stock for issuance of the Underlying Shares at least Shares, but will so reserve a number of shares equal to the Required Minimum on at such time as the date hereofCompany receives shareholder approval to increase its authorized capital.

Appears in 1 contract

Samples: Securities Purchase Agreement (Hartville Group Inc)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Shares and Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Shares and the Underlying Shares at least equal to the Required Minimum on the date hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Empire Financial Holding Co)

Issuance of the Securities. The Securities Shares and Warrants are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for or referred to in the Transaction Documents. The Underlying Warrant Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of issuable pursuant to this Agreement and the Underlying Shares at least equal to the Required Minimum on the date hereofWarrants.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cytrx Corp)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Each of the Warrant Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by other than restrictions on transfer provided for in the CompanyTransaction Documents. The Company RSTI has reserved from its duly authorized capital stock Capital Stock a number of shares of Common Stock for issuance of the Underlying Warrant Shares at least equal to the Required Minimum Reserve Amount on the date hereofhereof or as provided for in Section 4.10.

Appears in 1 contract

Samples: Securities Purchase Agreement (Redwood Scientific Technologies, Inc.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid issued and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the CompanyCompany other than restrictions on transfer provided for in the Transaction Documents. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (InspireMD, Inc.)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction DocumentsCompany. The Underlying SharesShares have been duly authorized and, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company. The Subject to Authorized Share Approval, the Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereofMinimum.

Appears in 1 contract

Samples: Securities Purchase Agreement (Generex Biotechnology Corp)

Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying SharesSecurities, when issued in accordance with the terms upon exercise of the Transaction DocumentsWarrants, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Companyother than restrictions on transfer provided for herein or therein. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares Securities at least equal to the Required Minimum on the date hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Trio Petroleum Corp.)

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