The Purchased Securities. The Purchased Securities to be issued and sold by the Company hereunder have been duly authorized and, when issued and delivered against receipt of the consideration therefor as provided herein and contemplated by Section 2.01(a), will be duly and validly issued, will be fully paid and nonassessable. The Common Stock included in the Purchased Securities will conform to the descriptions thereof in the Company SEC Documents as filed on or prior to the Acquisition Agreement Date. The issuance of the Purchased Securities is not, and will not be, subject to any preemptive or similar rights.
Appears in 4 contracts
Samples: Investment Agreement (PDC Energy, Inc.), Investment Agreement (PDC Energy, Inc.), Asset Purchase and Sale Agreement (PDC Energy, Inc.)
