Common use of Title to Units Clause in Contracts

Title to Units. All Units and shares of the Underlying Common Stock and Redeemable Warrants delivered upon the exercise of the Underwriters' Warrants shall be validly issued, fully paid and nonassessable; each holder of an Underwriters' Warrant shall receive good and marketable title to the Units and Underlying Common Stock and Redeemable Warrants, free and clear of all voting and other trust arrangements, liens, encumbrances, equities and claims whatsoever; and the Company shall have paid all taxes, if any, in respect of the issuance thereof.

Appears in 5 contracts

Samples: Underwriters' Warrant Agreement (Jovian Energy Inc), Underwriters' Warrant Agreement (Streamedia Communications Inc), Underwriters' Warrant Agreement (Streamedia Communications Inc)

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Title to Units. All Units and shares of the Underlying Common Stock and Redeemable Warrants delivered upon the exercise of the Underwriters' Underwriter Warrants shall be validly issued, fully paid and nonassessable; each holder of an Underwriters' Underwriter Warrant shall receive good and marketable title to the Units and Underlying Common Stock and Redeemable WarrantsStock, free and clear of all voting and other trust arrangements, liens, encumbrances, equities and claims whatsoever; and the Company shall have paid all taxes, if any, in respect of the issuance thereof.

Appears in 2 contracts

Samples: Warrant Agreement (Westower Corp), Warrant Agreement (Westower Corp)

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