Issuance of the Warrant Shares. The Warrant Shares are duly authorized and, when issued and paid for in accordance with terms of the Warrants (as modified by the Notice of Exercise), the Notice of Exercise and this Agreement, will be duly and validly issued to the Holders, and will be fully paid and nonassessable, free and clear of all Liens imposed by the Company.
Appears in 3 contracts
Samples: Implementation Agreement (Sacks Bradley J.), Implementation Agreement (Sacks Michael Ivan), Implementation Agreement (IPMD GmbH)
Issuance of the Warrant Shares. The Warrant Shares are duly authorized and, when issued and paid for in accordance with terms of the Warrants (as modified by the Notice of Exercise), the Notice of Exercise Exercise, this Agreement and this the Assignment Agreement, will be duly and validly issued to the to the Holders, and will be fully paid and nonassessable, free and clear of all Liens any lien, charge, security interest, encumbrance, right of first refusal, preemptive right or other restriction (each, a “Lien”) imposed by the CompanyAssignor.
Appears in 3 contracts
Samples: Implementation Agreement (Sacks Bradley J.), Implementation Agreement (Sacks Michael Ivan), Implementation Agreement (IPMD GmbH)