Validity of Common Stock Series A. All shares of Common Stock Series A delivered by the Guarantor upon such conversion will be duly and validly issued and fully paid and nonassessable.
Appears in 4 contracts
Samples: Convertible Preferred Securities Guarantee Agreement (Citizens Utilities Capital L P), Partnership Preferred Securities Guarantee Agreement (Citizens Utilities Capital L P), Convertible Preferred Securities Guarantee Agreement (Citizens Utilities Capital L P)