Shares Validly Issued. When issued in compliance with the provisions of this ------------------------- Agreement, the Shares will be validly issued, fully paid and nonassessable, and will be free of any liens or encumbrances; provided, however, that the Shares may be subject to restrictions on transfer under state and/or federal securities laws as set forth herein or as otherwise required by such laws at the time a transfer is proposed.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Internet Business International Inc), Asset Purchase Agreement (Kanakaris Wireless), Asset Purchase Agreement (Internet Business International Inc)
Shares Validly Issued. When issued in compliance with the provisions of this ------------------------- Agreement, the Shares will be validly issued, fully paid and nonassessable, and will be free of any liens or encumbrances; provided, however, that the Shares may be subject to restrictions on transfer as provided by the terms herein contained and/or under state and/or federal securities laws as set forth herein or as otherwise required by such laws at the time a transfer is proposed.
Appears in 1 contract
Samples: Asset Purchase Agreement (New York Health Care Inc)
Shares Validly Issued. When issued in compliance with the provisions of this ------------------------- Agreement, the Shares will be validly issued, fully paid and nonassessable, and will be free of any liens liens, encumbrances or encumbrancesrestrictions on transfer; provided, however, that the Shares may be subject to restrictions on transfer under state and/or federal securities laws as set forth herein or as otherwise required by such laws at the time a transfer is proposed.
Appears in 1 contract
