Status of Common Stock Issued Upon Conversion. All shares of Common Stock which may be issued upon conversion of the shares of Series A Convertible Preferred Stock will upon issuance by the Company be validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.
Appears in 3 contracts
Samples: Acquisition and Share Exchange Agreement (Standard Drilling, Inc.), Patent License Agreement (INverso Corp), Patent License Agreement (INverso Corp)
Status of Common Stock Issued Upon Conversion. All shares of Common Stock which may be issued upon conversion of the shares of Series A B Convertible Preferred Stock will upon issuance by the Company Corporation be validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.
Appears in 3 contracts
Samples: Reorganization and Stock Purchase Agreement (Tmi Holdings Inc/Fl), Reorganization and Stock Purchase Agreement (Sessions William Michael), Reorganization and Stock Purchase Agreement (Tmi Holdings Inc/Fl)
Status of Common Stock Issued Upon Conversion. All shares of --------------------------------------------- Common Stock which may be issued upon conversion of the shares of Series A Convertible Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock, or Series F Preferred Stock will upon issuance by the Company Corporation be validly issued, fully paid and nonassessable non-assessable and free from all taxes, liens and charges with respect to the issuance thereof.
Appears in 1 contract
Status of Common Stock Issued Upon Conversion. All shares of Common Stock which may be issued upon conversion of the shares of Series A Class B Convertible Preferred Stock will upon issuance by the Company be validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.
Appears in 1 contract
Status of Common Stock Issued Upon Conversion. All shares of Common Stock which may be issued delivered upon conversion of the shares of Series A Convertible Preferred Stock will upon issuance by the Company shall be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereofnon-assessable.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Kennedy-Wilson Holdings, Inc.)
