Common use of Valid Issuance of Subscribed Shares Clause in Contracts

Valid Issuance of Subscribed Shares. (a) The Subscribed Shares, when issued and subscribed in accordance with the terms of this Agreement, will be duly and validly issued, fully paid and non-assessable.

Appears in 3 contracts

Samples: Shareholders’ Agreement (Le Gaga Holdings LTD), Series B1 Preferred Share Subscription Agreement (Le Gaga Holdings LTD), Shareholders’ Agreement (Le Gaga Holdings LTD)

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Valid Issuance of Subscribed Shares. (a) The Subscribed Shares, when issued and subscribed in accordance with the terms of this Agreementallotted at Closing, will be duly and validly issuedissued and allotted, fully paid and non-assessable, free and clear of all Encumbrances, and free of restrictions or limitations on transfer other than restrictions on transfer under applicable Laws and those set out in the Amended Articles and the Second Amended and Restated Shareholders Agreement.

Appears in 2 contracts

Samples: Share Subscription Agreement (Charm Communications Inc.), Share Subscription Agreement (Charm Communications Inc.)

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Valid Issuance of Subscribed Shares. (a) The Subscribed Shares, when issued issued, sold and subscribed delivered in accordance with the terms of and for the consideration set forth in this Agreement, will be duly and validly issued, fully paid and non-assessablenonassessable and free of restrictions on transfer other than restrictions on transfer under the Agreement, applicable securities laws and liens or encumbrances created by or imposed by XXXXXXX.

Appears in 1 contract

Samples: Subscription Agreement (Infinity Capital Ventures, Lp)

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