Valid Issuance of the Securities. The issuance, sale and delivery of the Securities are within the Company's corporate powers and have been duly authorized by all required corporate action on the part of the Company and its stockholders and when such Securities are issued, sold and delivered in accordance with the terms hereof, such Securities will be duly and validly issued, fully paid and nonassessable. The issuance, sale and delivery of the Securities are not subject to preemptive or any similar rights of the stockholders of the Company or any liens or encumbrances arising through the Company.
Appears in 3 contracts
Samples: Unit Purchase Agreement (Kimberlin Kevin), Unit Purchase Agreement (Immune Response Corp), Unit Purchase Agreement (Immune Response Corp)
