Common use of LEGALITY OF MERGER SHARES Clause in Contracts

LEGALITY OF MERGER SHARES. All of the Merger Shares have been duly authorized and, when issued and delivered in accordance with the terms hereof, will be validly issued, fully paid and non-assessable, and free of preemptive rights.

Appears in 3 contracts

Samples: Agreement and Plan of Merger and Reorganization (Leukosite Inc), Agreement and Plan of Merger and Reorganization (Leukosite Inc), Agreement and Plan of Merger and Reorganization (Leukosite Inc)

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LEGALITY OF MERGER SHARES. All of the The Merger Shares have been are duly authorized andauthorized, and when issued and delivered in accordance with the terms hereofof this Agreement, will be validly issued, fully paid and non-assessablepaid, and nonassessable, free of preemptive rightsrights and with no personal liability attaching to the ownership of the Merger Shares.

Appears in 2 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger

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