New Exchange Shares. The New Exchange Shares to be issued to the Shareholder at the Closing will be duly authorized and validly issued in accordance with the terms of the Company’s organizational documents as they are in effect as of the Closing Date.
Appears in 5 contracts
Samples: Voting Agreement (Newhouse Broadcasting Corp), Preferred Share Exchange Agreement (Newhouse Broadcasting Corp), Preferred Share Exchange Agreement (Discovery Communications, Inc.)