Status of Common Stock. All shares of Common Stock which may be issued in connection with the conversion provisions set forth herein will, upon issuance by the Corporation, be validly issued, fully paid and nonassessable, free from preemptive rights and free from all taxes, liens or charges with respect thereto created or imposed by the Corporation.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Diversa Corp), Stock Purchase Agreement (Diversa Corp)
Status of Common Stock. All shares of Common Stock which may be issued in connection with the upon conversion provisions set forth herein willof this Note, will upon issuance by the Corporation, Company in accordance with the terms of this Note be validly issued, fully paid and nonassessable, free from preemptive rights nonassessable and free from all taxes, liens or and charges with respect thereto created or imposed by to the Corporationissuance thereof.
Appears in 1 contract
Samples: Convertible Note (First Community Bancshares Inc /In)
Status of Common Stock. All shares of Common Stock which may ---------------------- be issued in connection with the conversion provisions set forth herein will, upon issuance by the Corporation, be validly issued, fully paid and nonassessable, free from preemptive rights and free from all taxes, liens or charges with respect thereto created or imposed by the Corporation.
Appears in 1 contract
Samples: Series B Preferred Stock Purchase Agreement (3 Dimensional Pharmaceuticals Inc)
