Valid Issuance of the Stock. The Stock being issued to the Purchaser hereunder will, upon issuance pursuant to the terms hereof, be duly authorized and validly issued, fully paid, nonassessable and free of any liens or encumbrances created by the Corporation and will, assuming the accuracy of the representations and warranties made by the Purchaser to the Corporation, be in compliance with applicable state and federal securities laws.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Tube Media Corp.), Stock Purchase Agreement (AGU Entertainment Corp.), Stock Purchase Agreement (AGU Entertainment Corp.)