Validity of Common Stock. All Common Stock delivered upon the exercise of the Warrants will be duly and validly issued, fully paid and nonassessable and the Company will pay all documentary and transfer taxes, if any, in respect of the original issuance thereof upon exercise of the Warrants.
Appears in 4 contracts
Samples: Warrant Agreement (Axion Power International, Inc.), Warrant Agreement (Axion Power International, Inc.), Warrant Agreement (Axion Power International, Inc.)