Non-Assessable Shares. All of the shares of Common Stock to be issued upon any Conversion of the unpaid amount due under any Advances shall be, when issued, duly authorized, validly issued, fully paid, non-assessable free and clear of all liens, pledges, security interests, charges and encumbrances.
Appears in 4 contracts
Samples: Convertible Credit Agreement (Hapi Metaverse Inc.), Convertible Credit Agreement (Value Exchange International, Inc.), Convertible Credit Agreement (GigWorld Inc.)