Valid Issuance of Notes. (a) The Notes, when issued and paid for as provided in this Agreement, shall be duly authorized and validly issued, fully paid, and nonassessable.
Appears in 2 contracts
Samples: Note Purchase Agreement (Xtera Communications, Inc.), Note Purchase Agreement (Xtera Communications, Inc.)
Valid Issuance of Notes. (a) The NotesNotes have been duly authorized and, when issued and paid for as provided in this Agreement, shall be duly authorized and validly issued, fully paid, sold and nonassessabledelivered in accordance with the terms of this Agreement for the consideration set forth herein.
Appears in 1 contract
Valid Issuance of Notes. (a) The NotesNotes that are being issued to the Lender hereunder, when issued issued, sold and paid for as provided delivered in accordance with the terms of this Agreement, shall be duly authorized and validly issued, fully paid, and nonassessable.
Appears in 1 contract
