Common use of Valid Issuance of Buyer Common Stock Clause in Contracts

Valid Issuance of Buyer Common Stock. The Buyer Warrant has been duly authorized and validly issued, and, when issued in accordance with the terms and conditions of the Buyer Warrant, the shares of the Buyer’s common stock issuable under the Buyer Warrant will be duly authorized, validly issued, fully paid, and non-assessable and will not be subject to any preemptive rights or any Encumbrance not created by the applicable holder.

Appears in 2 contracts

Samples: Foreclosure Sale Agreement, Foreclosure Sale Agreement (Isc8 Inc. /De)

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Valid Issuance of Buyer Common Stock. The shares of Buyer Warrant has been duly authorized and validly issued, and, when Common Stock to be issued in accordance with pursuant to the terms and conditions of the Buyer Warrant, the shares of the Buyer’s common stock issuable under the Buyer Warrant this Agreement will be duly authorized, validly issued, fully paid, and non-assessable and will not be subject to any preemptive rights or any Encumbrance not created by the applicable holderSecurityholder.

Appears in 1 contract

Samples: Share Purchase Agreement (Phoenix Technologies LTD)

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Valid Issuance of Buyer Common Stock. The shares of Buyer Warrant has been duly authorized and validly issued, and, when Common Stock to be issued in accordance with pursuant to the terms and conditions of the Buyer Warrant, the shares of the Buyer’s common stock issuable under the Buyer Warrant this Agreement will be duly authorized, validly issued, fully paid, and non-assessable and will not be subject to any preemptive rights or subject to Section 2.1(d) and any restrictions under Applicable Law, any Encumbrance not created by the applicable holderCompany Securityholder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Phoenix Technologies LTD)

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