The Initial Shares. The Initial Shares have been duly authorized by the Company and duly and validly issued and delivered, are fully paid and nonassessable, and conform to the descriptions thereof in the Registration Statement, the Pricing Disclosure Package and the Prospectus.
The Initial Shares. 1. On the Effective Date, the number of Shares of the Musharaka Property will be [. ] Shares.
The Initial Shares. (a) The Initial Shares will be issued as restricted shares subject to applicable restrictions under the federal securities laws, including those allowing for limited resale, under SEC Rule 144, and bearing appropriate restrictive legends.
The Initial Shares. The APG Initial Completion Share, upon its issuance, will have been duly authorized, validly issued and fully-paid, and APG will obtain full right, title and interest in and to the same, rank pari passu with, and carry the same rights in all aspects as, the other Shares then outstanding, including the rights to all dividends and other Distributions declared, made or paid at any time on or after the Initial Completion Date.
The Initial Shares. The Company shall deliver to the Selling Stockholders on the Closing Date original certificates evidencing the Initial Shares, in form and substance satisfactory to the Selling Stockholders, in order to effectively vest in the Selling Stockholders all right, title and interest in and to the Initial Shares. From time to time after the Closing Date, and without further consideration, the Company will execute and deliver such other instruments and take such other actions as the Selling Stockholders may reasonably request in order to facilitate the issuance to them of the Initial Shares and, when authorized, the Additional Shares.
The Initial Shares. Within ten (10) business days after the Effective Date, the Company shall issue to the Consultant or to Consultant’s designee in the name of the Consultant or Consultant’s designee, 250,000 shares of the Company’s common stock, par value $0.0001 per share (the “Initial Shares ”).
