Valid Issuance of Parent Common Stock. The Parent Common Stock which will be issued in connection with the Merger, when issued and delivered in accordance with the terms hereof, will be duly and validly issued, fully paid and nonassessable and will be issued in compliance with all applicable federal and state securities laws provided, however, that such shares of Parent Common Stock shall be subject to restrictions on transfer of shares of capital stock imposed by the rules and regulations of the Securities Act, the Exchange Act or blue sky laws.
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Samples: Merger Agreement (Hovnanian Enterprises Inc), Merger Agreement (Hovnanian Enterprises Inc)
Valid Issuance of Parent Common Stock. The shares of Parent Common Stock which will to be issued in connection with the Mergerunder this Agreement, when issued and delivered in accordance with the terms hereof, will be duly and validly issued, fully paid and nonassessable and will be issued in compliance with all applicable federal and state securities laws laws; provided, however, that such shares of Parent Common Stock shall will be subject to restrictions on transfer of shares of capital stock imposed by the rules and regulations of the Securities Act, the Exchange Act or blue sky state securities laws.
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Valid Issuance of Parent Common Stock. The Parent Common Stock which will to be issued in connection with the Merger, when issued and delivered in accordance with the terms hereof, will be duly and validly issued, fully paid and nonassessable and will be issued in compliance with all applicable federal and state securities laws laws; provided, however, that such shares of Parent Common Stock shall will be subject to restrictions on transfer of shares of capital stock imposed by the rules and regulations of the Securities Act, the Exchange Act or blue sky state securities laws.
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Valid Issuance of Parent Common Stock. The Assuming the accuracy of the representations and warranties of the Shareholders contained in Article IV hereto, the Parent Common Stock which will be that is being issued in connection with by the MergerParent hereunder, when issued issued, sold and delivered in accordance with the terms hereofof this Agreement for the consideration expressed herein, will be duly and validly issued, fully paid and nonassessable and nonassessable, will be issued in compliance with all applicable federal and state securities laws provided, however, that such shares free of Parent Common Stock shall be subject to restrictions on transfer of shares of capital stock imposed by the rules other than under applicable state and regulations of the Securities Act, the Exchange Act or blue sky federal securities laws.
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Valid Issuance of Parent Common Stock. The shares of Parent Common Stock which will to be issued in connection with the Merger, when issued and delivered in accordance with the terms hereof, will be duly and validly issued, fully paid and nonassessable and will be issued in compliance with all applicable federal and state securities laws laws; provided, however, that such shares of Parent Common Stock shall will be subject to restrictions on transfer of shares of capital stock imposed by the rules and regulations of the Securities Act, the Exchange Act or blue sky state securities laws.
Appears in 1 contract
Samples: Merger Agreement (Lectec Corp /Mn/)