Legality of Shares to be Issued. The shares of common stock of the Purchaser to be issued by the Purchaser pursuant to this Agreement, when so issued and delivered, will have been duly and validly authorized and issued by the Purchaser and will be fully paid and nonassessable.
Legality of Shares to be Issued. The shares of F & M Common to be delivered pursuant to this Agreement, when so delivered, will have been duly and validly authorized and issued by F & M and will be fully paid and nonassessable, except as provided by Wis. Stats. Section 180.0622(2)(b).
Legality of Shares to be Issued. The shares of common stock of TUGBOAT to be issued by TUGBOAT pursuant to this Agreement, when so issued and delivered, will have been duly and validly authorized and issued by TUGBOAT and will be fully paid and non-assessable.
Legality of Shares to be Issued. The Griffin Shares to be delivered pursuant to this Agreement, when so deliverxx, xxxl have been duly and validly authorized and issued by Purchaser and will be fully paid and non-assessable. The Griffin Shares will be issued pursuant to a valid exemption from registratxxx xxxer the Securities Act of 1933, as amended.
Legality of Shares to be Issued. The shares of common stock of Parent to be delivered pursuant to this Agreement, when so delivered, will have been duly and validly authorized and issued by Parent and will be fully paid and non-assessable.
Legality of Shares to be Issued. The shares of common stock of P.C. Development to be issued by P.C. Development pursuant to this Agreement, when so issued and delivered, will have been duly and validly authorized and issued by P.C. Development and will be fully paid and nonassessable.
Legality of Shares to be Issued. The shares of common stock of VTPI to be issued by VTPI pursuant to this Agreement, when so issued and delivered, will have been duly and validly authorized and issued by VTPI and will be fully paid and nonassessable.
Legality of Shares to be Issued. The shares of JDI's common stock to be delivered pursuant to this agreement, when delivered, will have been duly and validly authorized and issued by JDI and will be fully paid and non-assessable. The shares of JDI's common stock to be issued will have been listed for trading on OTC Bulletin Board. The shares of JDI's preferred shares to be delivered pursuant to this agreement, when delivered will have been duly and validly authorized and issued by JDI and will be fully paid and non-assessable. JDI will have authorized, by shareholder vote, 20,000,000 common shares, all of one class and a minimum of 1,000,000 blank check preferred shares. Any required filing with any regulatory agency will be undertaken immediately after approval by the shareholders.
Legality of Shares to be Issued. The shares of common stock of PROFORMIX to be delivered to SHAREHOLDER pursuant to this Agreement, when so delivered in accordance with this Agreement will be fully paid, nonassessable and shall be duly and validly authorized and issued.
Legality of Shares to be Issued. The shares of common stock of Zycom to be issued by Zycom pursuant to this Agreement, when so issued and delivered, will have been duly and validly authorized and issued by Zycom and will be fully paid and nonassessable.
