REPRESENTATIONS, WARRANTIES AND COVENANTS OF ISSUER. (a) The Securities issued and outstanding on the date hereof have been duly authorized and validly issued and purchasers of the Securities will have no obligation to make payments to Issuer or its creditors (other than the purchase price for the Securities) or contributions to Issuer or its creditors solely by reason of the purchasers’ ownership of the Securities; and any Securities to be issued hereafter, when issued, shall have been duly authorized and validly issued and purchasers of the Interests will have no obligation to make payments to Issuer or its creditors (other than the purchase price for the Securities) or contributions to Issuer or its creditors solely by reason of the purchasers’ ownership of the Securities.
Appears in 7 contracts
Samples: Agent and Registrar Agreement (Landa App 3 LLC), Agent and Registrar Agreement (Landa App LLC), Agent and Registrar Agreement (Landa App 2 LLC)