Shares Validly Issued. When issued in compliance with the provisions of this Agreement, the Shares (as defined in Exhibit B) will be validly issued, fully paid and nonassessable, and will be free of any liens or encumbrances; provided, however, that the Shares (as defined in Exhibit B) 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.
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Samples: Asset Purchase Agreement (DLR Funding, Inc.), Asset Purchase Agreement (DLR Funding, Inc.), Asset Purchase Agreement (DLR Funding, Inc.)
Shares Validly Issued. When issued in compliance with the provisions of this Agreement, the Shares (as defined in Exhibit B) will be validly issued, fully --------- paid and nonassessable, and will be free of any liens or encumbrances; provided, however, that the Shares (as defined in Exhibit B) 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
Samples: Asset Purchase Agreement (Internet Business International Inc)
Shares Validly Issued. When issued in compliance with the provisions of this Agreement, the Shares (as defined in Exhibit B) will be validly issued, fully paid and nonassessable, and will be free of any liens or encumbrances; provided, however, that the Shares (as defined in Exhibit B) 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.federal
Appears in 1 contract
