Status of Conversion Shares. All Conversion Shares which may be issued in connection with the conversion provisions set forth in this Section 4 will, upon delivery by the Company, be duly and validly issued, fully paid and non-assessable, with no personal liability attaching to the ownership of such Conversion Shares, and free from all taxes, liens or charges with respect thereto and not subject to any preemptive rights.
Appears in 6 contracts
Samples: Loan Agreement (PureSafe Water Systems, Inc.), Loan Agreement (PureSafe Water Systems, Inc.), Loan Agreement (PureSafe Water Systems, Inc.)
Status of Conversion Shares. All Conversion Shares which may be issued issued in connection with the conversion provisions set forth in in this Section 4 will, upon delivery by the CompanyMaker, be duly and validly issued, fully paid and non-assessable, with no personal liability attaching to the ownership of such Conversion Shares, and free from all taxes, liens or charges with respect thereto and not subject to any preemptive rights.
Appears in 1 contract
Samples: Clenergen Corp
Status of Conversion Shares. All Conversion Shares which may be issued issued in connection with the conversion provisions set forth in in this Section 4 5 will, upon delivery by the CompanyXxxxxx, be duly and validly issued, fully paid and non-assessable, with no personal liability attaching to the ownership of such Conversion Shares, and free from all taxes, liens or charges with respect thereto and not subject to any preemptive rights.
Appears in 1 contract
Samples: Walker Financial Corp
