Common use of Parent Stock Clause in Contracts

Parent Stock. Upon issue to the Shareholders, the Parent Shares will be duly and validly issued, fully paid and non-assessable common shares in the capital of the Parent.

Appears in 2 contracts

Sources: Share Exchange Agreement (KBS Fashion Group LTD), Share Exchange Agreement (KBS Fashion Group LTD)

Parent Stock. Upon issue to the ShareholdersMembers, the Parent Shares Stock will be duly and validly issued, fully paid and non-assessable common shares of preferred stock in the capital of the ParentCompany.

Appears in 1 contract

Sources: Exchange Agreement (New You, Inc.)

Parent Stock. Upon issue to the Shareholders, the Parent Shares Stock will be duly and validly issued, fully paid and non-assessable common shares of preferred stock in the capital of the Parent.Company having such rights as are set forth in the Certificate of Designations. Deliveries

Appears in 1 contract

Sources: Share Exchange Agreement (Riot Blockchain, Inc.)

Parent Stock. Upon issue to the Shareholders, the Parent Shares Stock will be duly and validly issued, fully paid and non-assessable common shares in the capital of the ParentCompany.

Appears in 1 contract

Sources: Share Exchange Agreement (TimefireVR Inc.)