Common use of Parent Stock Clause in Contracts

Parent Stock. The Parent Stock to be delivered to Stockholders in connection with this Agreement, when delivered in accordance with the terms of this Agreement, will constitute valid and legally issued shares, fully paid and nonassessable and will be registered and free from any restriction on transfer other than restrictions imposed by the Act or the regulations promulgated thereunder and the contractual restrictions set forth in this Agreement.

Parent Stock. The Parent Stock to be delivered to Stockholders Seller in connection with this Agreement, when delivered in accordance with the terms of this Agreement, will constitute valid and legally issued shares, fully paid and nonassessable nonassessable, and will be registered and free from any restriction on transfer other than restrictions imposed by the Securities Act of 1993, as amended, or the regulations promulgated thereunder and the contractual restrictions set forth in this Agreementthereunder.

Parent Stock. The Parent Stock to be delivered to Stockholders Seller in connection with this Agreement, when delivered in accordance with the terms of this Agreement, will constitute valid and legally issued shares, fully paid and nonassessable and will be registered and free from any restriction on transfer other than restrictions imposed by the Securities Act of 1993, as amended, or the regulations promulgated thereunder and the contractual restrictions set forth in this Agreementthereunder.

Parent Stock. The Parent Stock to be delivered to Stockholders Members in connection with this Agreement, when delivered in accordance with the terms of this Agreement, will constitute valid and legally issued shares, fully paid and nonassessable and will be registered and free from any lien, claim encumbrance or restriction on transfer other than restrictions imposed by the Act or the regulations promulgated thereunder and the contractual restrictions set forth thereunder. Buyer is not a party to any agreement creating rights in any person or entity with respect to such Parent Stock (other than this Agreement) or relating to the voting thereof.

Parent Stock. The Parent Stock to be delivered to Stockholders Seller in connection with this Agreement, when delivered in accordance with the terms of this Agreement, will constitute valid and legally issued shares, fully paid and nonassessable and will be registered and free from any restriction on transfer other than restrictions imposed by the Securities Act of 1933, as amended, or the regulations promulgated thereunder and the contractual restrictions set forth in this Agreementthereunder.