Common use of Validity of Class A Common Stock Clause in Contracts

Validity of Class A Common Stock. The Manager covenants that all shares of Class A Common Stock issued upon an Exchange will, upon issuance, be validly issued, fully paid and non-assessable and not subject to any preemptive right of stockholders of the Manager or any right of first refusal or other right in favor of any Person.

Appears in 10 contracts

Samples: Limited Liability Company Agreement (Swiftmerge Acquisition Corp.), Limited Liability Company Agreement (Zeo Energy Corp.), Limited Liability Company Agreement (HNR Acquisition Corp.)

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Validity of Class A Common Stock. The Manager Managing Member covenants that all shares of Class A Common Stock issued upon an Exchange will, upon issuance, be validly issued, fully paid and non-assessable and not subject to any preemptive right of stockholders of the Manager Managing Member or to any right of first refusal or other right in favor of any Person.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (GEN Restaurant Group, Inc.), Limited Liability Company Agreement (Zevia PBC), Limited Liability Company Agreement (Zevia PBC)

Validity of Class A Common Stock. The Manager Company covenants that all shares of Class A Common Stock issued upon an Exchange will, upon issuance, be validly issued, fully paid and non-assessable and not subject to any preemptive right of stockholders of the Manager Company or to any right of first refusal or other right in favor of any Person.

Appears in 5 contracts

Samples: Class D Exchange Agreement (StepStone Group Inc.), Class C Exchange Agreement (StepStone Group Inc.), Transaction Agreement (StepStone Group Inc.)

Validity of Class A Common Stock. The Manager Managing Member covenants that all shares of Class A Common Stock issued upon an Exchange will, upon issuance, be validly issued, fully paid and non-assessable and not subject to any preemptive right of stockholders of the Manager Managing Member or any right of first refusal or other right in favor of any Person.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Rubicon Technologies, Inc.), Agreement and Plan of Merger (Founder SPAC)

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Validity of Class A Common Stock. The Manager Company covenants that all shares of Class A Common Stock issued upon an Exchange will, upon issuance, be validly issued, fully paid and non-assessable assessable, and shall be transferred free and clear of any liens and not subject to any preemptive right of stockholders of the Manager Company or to any right of first refusal or other right in favor of any Person.

Appears in 1 contract

Samples: Exchange Agreement (P10, Inc.)

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