Validity of Common Stock. The Common Shares, when issued and paid for at the Closing, will constitute duly authorized, legally issued shares of Common Stock. The Common Stock underlying the Warrants, when issued in accordance with the terms thereof, will constitute duly authorized, legally and validly issued Common Stock, fully paid and non-assessable.
Appears in 2 contracts
Samples: Unit Purchase Agreement (Mobility Electronics Inc), Unit Purchase Agreement (Mobility Electronics Inc)
Validity of Common Stock. The Common Shares, when issued and paid for at the Closing, will constitute duly authorized, legally issued shares of Common Stock. The Common Stock underlying the Warrants, when issued in accordance with the terms thereof, will constitute duly authorized, legally and validly issued Common Stock, fully paid and non-assessable.
Appears in 1 contract
Validity of Common Stock. The Common SharesStock, when issued issued, sold and paid for at the Closing, will constitute duly authorized, legally issued shares of Common Stock. The Common Stock underlying the Warrants, when issued delivered in accordance with the terms thereofset forth in this Agreement, will constitute be duly authorized, legally and validly issued Common Stockissued, fully paid and non-assessable.
Appears in 1 contract
Samples: Securities Purchase Agreement (Viking Energy Group, Inc.)
