Common use of Valid Issuance of the Shares Clause in Contracts

Valid Issuance of the Shares. The Shares, when issued, sold and delivered in accordance with the terms of this Agreement, will be duly and validly issued, fully paid, and nonassessable, and will be free of restrictions on transfer other than restrictions on transfer under this Agreement and under applicable state and federal securities laws.

Appears in 8 contracts

Samples: Stock Purchase Agreement (Accuimage Diagnostics Corp), Stock Purchase Agreement (Accuimage Diagnostics Corp), Stock Purchase Agreement (Accuimage Diagnostics Corp)

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Valid Issuance of the Shares. The Shares, Shares when issued, sold and delivered to the Purchaser in accordance with the terms of this Agreement, Agreement will be duly and validly issued, fully paid, non-assessable and nonassessable, free and will be free clear of restrictions on transfer all liens and encumbrances (other than restrictions on transfer under this Agreement applicable federal and under applicable state and federal securities laws). No preemptive rights are applicable with respect to the issuance of the Shares.

Appears in 4 contracts

Samples: Common Stock Purchase Agreement (Worldgate Communications Inc), Common Stock Purchase Agreement (Worldgate Communications Inc), Common Stock Purchase Agreement (Worldgate Communications Inc)

Valid Issuance of the Shares. The Shares, when issued, sold and delivered in accordance with the terms of this AgreementAgreement for the consideration expressed herein, will be duly and validly issued, fully paid, paid and nonassessable, and will be free of restrictions on transfer imposed by or through the Company other than restrictions on transfer under this Agreement or the Lock-Up Agreement, dated June 11, 2004, by and under applicable state between the Investor and federal securities lawsthe Representatives of the Several Underwriters named therein.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Idenix Pharmaceuticals Inc), Stock Purchase Agreement (Idenix Pharmaceuticals Inc)

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Valid Issuance of the Shares. The Shares, when issued, sold and delivered in accordance with the terms of this AgreementAgreement for the consideration expressed herein, will be duly and validly issued, fully paid, paid and nonassessable, and will be free of restrictions on transfer imposed by or through the Company other than restrictions on transfer under this Agreement or the Lock-Up Agreement, dated [ ], 2004, by and under applicable state between the Investor and federal securities lawsthe Representatives of the Several Underwriters named therein.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Idenix Pharmaceuticals Inc), Stock Purchase Agreement (Idenix Pharmaceuticals Inc)

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