Common use of Valid Issuance of Stock Clause in Contracts

Valid Issuance of Stock. The Conversion Shares to be issued, and delivered upon conversion of the Notes will be duly and validly issued, fully paid and nonassessable and, based in part upon the representations and warranties of the Lenders in this Agreement, will be issued in compliance with all applicable federal and state securities laws. The Company has authorized sufficient shares of Common Stock to allow for conversion of the Notes as described in Section 2.2.

Appears in 3 contracts

Samples: Note Purchase Agreement (Pure Bioscience, Inc.), Note Purchase Agreement (Pure Bioscience, Inc.), Note Purchase Agreement (Pure Bioscience, Inc.)

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Valid Issuance of Stock. The Conversion Shares to be issued, sold and delivered upon conversion of the Notes this Note will be duly authorized and validly issued, fully paid and nonassessable andnonassessable, and based in part upon the representations and warranties of the Lenders Holder in this AgreementNote, will be issued in compliance with all applicable U.S. federal and state securities laws. The Company has authorized sufficient shares of Common Stock to allow for conversion of the Notes as described in Section 2.2regulations.

Appears in 3 contracts

Samples: Convertible Promissory Note (First Harvest Corp.), Convertible Promissory Note (First Harvest Corp.), Convertible Promissory Note (First Harvest Corp.)

Valid Issuance of Stock. The Conversion Shares to be issued, sold and delivered upon conversion of the Notes will be duly and validly issued, fully paid and nonassessable and, based in part upon the representations and warranties of the Lenders in this Agreement, will be issued in compliance with all applicable federal and state securities laws. The Company has authorized sufficient shares of Common Stock to allow for conversion of the Notes as described in Section 2.2.

Appears in 2 contracts

Samples: Senior Convertible Note Purchase Agreement (Anterios Inc), Senior Convertible Note Purchase Agreement (Anterios Inc)

Valid Issuance of Stock. The Conversion Shares to be issued, sold and delivered upon conversion of the Notes will be duly authorized and validly issued, fully paid and nonassessable and, based in part upon the representations and warranties of the Lenders Purchasers in this Agreement, will be issued in compliance with all applicable U.S. federal and state securities laws. The Company has authorized sufficient shares of Common Stock to allow for conversion of the Notes as described in Section 2.2.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement (Armed Forces Brewing Company, Inc.), Equity Incentive Plan (Armed Forces Brewing Company, Inc.)

Valid Issuance of Stock. The Conversion Shares to be issued, sold and delivered upon conversion of the Notes will be duly authorized and validly issued, fully paid and nonassessable non-assessable and, based in part upon the representations and warranties of the Lenders in this Agreement, will be issued in compliance with all applicable federal and state securities laws. The Company has authorized sufficient shares of Common Stock to allow for conversion of the Notes as described in Section 2.2.

Appears in 1 contract

Samples: Note Purchase Agreement (Code Rebel Corp)

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Valid Issuance of Stock. The Conversion Shares to be issued, sold and delivered upon conversion in accordance with the terms of the Notes Warrants will be duly authorized and validly issued, fully paid and nonassessable and, based in part upon the representations and warranties of the Lenders in this Agreement, will be issued in compliance with all applicable federal and state securities laws. The Company has authorized sufficient shares of Common Stock to allow for conversion of the Notes as described in Section 2.2.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Yinlips Technology, Inc.)

Valid Issuance of Stock. The Conversion Shares to be issued, sold and delivered upon conversion of the Notes Debentures, in whole or in part, will be duly and validly issued, fully paid and nonassessable and, based in part upon the representations and warranties of the Lenders Lender in this Agreement, will be issued in compliance with all applicable federal and state securities laws. The Company has authorized sufficient shares of Common Stock to allow for conversion of the Notes as described in Section 2.2.

Appears in 1 contract

Samples: Note Purchase Agreement (Carthew Bay Technologies Inc)

Valid Issuance of Stock. The Conversion Shares to be issued, sold and delivered upon conversion of the Notes will shall be duly authorized and validly issued, fully paid and nonassessable and, based in part upon subject to the truth and correctness of the representations and warranties of the Lenders in this AgreementSection 5, will shall be issued in compliance with all applicable federal and state securities laws. The Company has authorized sufficient shares of Common Stock to allow for conversion of the Notes as described in Section 2.2.

Appears in 1 contract

Samples: Note Purchase Agreement (Phunware, Inc.)

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