Representation and Warranty of the Company. The Company hereby represents and warrants to each of the other parties hereto as of the date hereof that the Common Stock to be issued as consideration for the Contribution and the Preferred Contributions will have been duly authorized and, when issued and delivered in accordance with this Agreement, will be validly issued, fully paid and nonassessable.
Appears in 4 contracts
Samples: Formation Agreement (DreamWorks Animation SKG, Inc.), Formation Agreement, Formation Agreement (DreamWorks Animation SKG, Inc.)