Common use of Legality of Shares Clause in Contracts

Legality of Shares. To the best of GRNQ’s knowledge, the Common Shares of GRNQ, when delivered as provided in this Agreement, will be validly issued, fully paid and non-assessable. The Common Shares of GRNQ, upon sale, assignment, transfer and conveyance thereof, will not be subject to the preemptive right of any shareholder or any other person. Upon delivery of and payment for the Common Shares of GRNQ as set forth in this Agreement, the Sellers will receive title to the Common Shares of GRNQ thereto, free and clear of all liens, encumbrances, charges and claims whatsoever.

Appears in 3 contracts

Samples: Sale and Purchase Agreement (Greenpro Capital Corp.), Sale and Purchase Agreement (Greenpro Capital Corp.), Agreement (Greenpro Capital Corp.)

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Legality of Shares. To the best of GRNQ’s knowledge, the Common Shares of GRNQ, when delivered as provided in this Agreement, will be validly issued, fully paid and non-assessablenonassessable. The Common Shares of GRNQ, upon sale, assignment, transfer and conveyance thereof, will not be subject to the preemptive right of any shareholder or any other person. Upon delivery of and payment for the Common Shares of GRNQ as set forth in this Agreement, the Sellers Seller will receive title to the Common Shares of GRNQ thereto, free and clear of all liens, encumbrances, charges and claims whatsoever.

Appears in 2 contracts

Samples: Agreement (Greenpro Capital Corp.), Agreement (Greenpro Capital Corp.)

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Legality of Shares. To the best of GRNQ’s knowledge, the Common Shares of GRNQShares, when delivered as provided in this Agreement, will be validly issued, fully paid and non-assessablenonassessable. The Common Shares of GRNQShares, upon sale, assignment, transfer and conveyance thereof, will not be subject to the preemptive right of any shareholder or any other person. Upon delivery of and payment for the Common Shares of GRNQ as set forth in this Agreement, the Sellers GRBV will receive title to the Common Shares of GRNQ thereto, free and clear of all liens, encumbrances, charges and claims whatsoever.

Appears in 2 contracts

Samples: Agreement (Greenpro Capital Corp.), Agreement (Greenpro Capital Corp.)

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