Common use of Shares To Be Fully Paid and Nonassessable Clause in Contracts

Shares To Be Fully Paid and Nonassessable. All shares of Common Stock issued upon the exercise of this Option shall be validly issued, fully paid and nonassessable and free from all preemptive rights of any stockholder, and from all taxes.

Appears in 3 contracts

Samples: Stock Option Grant Agreement (Hicks Muse Tate & Furst Equity Fund Ii L P), Termination and Release Agreement (Viasystems Group Inc), Stock Option Grant Agreement (Hicks Muse Tate & Furst Equity Fund Ii L P)

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Shares To Be Fully Paid and Nonassessable. All shares of ---------------------------------------------- Common Stock issued upon the exercise of this Option shall be validly issued, fully paid and nonassessable and free from all preemptive rights of any stockholdertaxes, liens and from all charges with respect to the issue thereof (other than transfer taxes).

Appears in 2 contracts

Samples: Option Agreement (Consumers Financial Corp), Option Agreement (Consumers Financial Corp)

Shares To Be Fully Paid and Nonassessable. All shares of Common Stock issued upon the exercise of this Option Exchange Warrant shall be validly issued, fully paid and nonassessable and free from all preemptive rights of any stockholder, and from all taxes.

Appears in 1 contract

Samples: Atrium Companies Inc

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Shares To Be Fully Paid and Nonassessable. All shares of Common Stock issued upon the exercise of this Option Warrant shall be newly issued and validly issued, fully paid and nonassessable and free from all preemptive rights of any stockholder, and from all taxes, liens and charges with respect to the issue thereof (other than transfer taxes).

Appears in 1 contract

Samples: Allegheny Energy Inc

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