Common use of Payment Shares Clause in Contracts

Payment Shares. The Payment Shares, when issued on Closing, shall be fully paid, validly issued and free and clear of all Encumbrances, except for such escrow and resale restrictions imposed by the Exchange Polices and Applicable Securities Laws.

Appears in 2 contracts

Samples: Agreement, Share Exchange Agreement

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Payment Shares. The Payment Shares, when issued on Closing, shall be fully paid, validly issued and free and of clear of all Encumbrances, except for such resale and escrow and resale restrictions imposed by the Exchange Polices and Applicable Securities Laws.; and

Appears in 1 contract

Samples: Agreement

Payment Shares. The Payment Shares, when issued on Closing, shall be fully paid, validly issued and free and of clear of all Encumbrances, except for such escrow and resale restrictions imposed by the Exchange Polices CSE and TSXV and Applicable Securities Laws.Laws or pursuant to the Escrow Agreement;β€Œ

Appears in 1 contract

Samples: Share Exchange Agreement

Payment Shares. The Payment Shares, when issued on Closing, shall be fully paid, validly issued and free and of clear of all Encumbrances, except for such resale and escrow and resale restrictions imposed by the Exchange Polices and Applicable Securities Laws.;

Appears in 1 contract

Samples: Share Exchange Agreement

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Payment Shares. The Payment Shares, when issued on Closing, shall be fully paid, validly issued and free and clear of all Encumbrances, except for such escrow and resale restrictions imposed by the Exchange Polices CSE and Applicable Securities LawsLaws or as otherwise contemplated by this Agreement and the Escrow Agreement.

Appears in 1 contract

Samples: Share Exchange Agreement

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