Common use of nonassessable Clause in Contracts

nonassessable. The Company covenants that all Shares which may be issued upon the exercise of this Warrant will be validly issued, fully paid and nonassessable and free from all taxes, liens and charges in respect of the issue thereof. Certificates for Shares purchased hereunder shall be delivered to the Holder promptly after the date on which this Warrant shall have been exercised.

Appears in 9 contracts

Samples: Stock Purchase Warrant (Boston Therapeutics, Inc.), Stock Purchase Warrant (Boston Therapeutics, Inc.), Stock Purchase (Ideal Power Inc.)

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nonassessable. The Company covenants that all Shares which may be issued upon the exercise of this Warrant will be validly issued, fully paid and nonassessable and free from all taxes, liens and charges in respect of the issue thereof. Certificates for Shares purchased hereunder shall be delivered to the Holder promptly after the date on which this Warrant shall have been exercised.

Appears in 7 contracts

Samples: Biohitech Global, Inc., Biohitech Global, Inc., Securities Purchase Agreement (Biohitech Global, Inc.)

nonassessable. The Company covenants that all Shares which may be issued upon the exercise of rights represented by this Warrant will will, upon exercise of the rights represented by this Warrant, be validly issued, fully paid and nonassessable and free from all taxes, liens and charges in respect of the issue thereof. Certificates for Shares purchased hereunder shall be delivered to the Holder promptly after the date on which this Warrant shall have been exercised.

Appears in 4 contracts

Samples: Stock Purchase Warrant (SD Co Inc), Stock Purchase Warrant (Ideal Power Inc.), Stock Purchase Warrant (Ideal Power Inc.)

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nonassessable. The Company covenants that all Shares which may be issued upon the exercise of rights represented by this Warrant will will, upon exercise of the rights represented by this Warrant, be validly issued, fully paid and nonassessable and free from all taxes, liens and charges in respect of the issue thereofthereof (other than taxes in respect of any transfer occurring contemporaneously with such issue). Certificates for Shares purchased hereunder shall be delivered to the Holder promptly within a reasonable time after the date on which this Warrant shall have been exercisedexercised as aforesaid.

Appears in 1 contract

Samples: Preferred Stock and Warrant Purchase Agreement (Glori Acquisition Corp.)

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