Common use of Validity of Delaware Common Stock Clause in Contracts

Validity of Delaware Common Stock. All shares of Delaware Common Stock into which Nevada Common Stock is to be converted pursuant to the Merger shall not be subject to any statutory or contractual preemptive rights, shall, when issued, be validly issued, fully paid and nonassessable and shall be issued in full satisfaction of all rights pertaining to such Nevada Common Stock.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Epoch Holding Corp), Agreement and Plan of Merger (Inseq Corp)

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Validity of Delaware Common Stock. All shares of Delaware Common --------------------------------- Stock into which Nevada California Common Stock is are to be converted pursuant to the Merger shall not be subject to any statutory or contractual preemptive rights, shall, when issued, shall be validly issued, fully paid and nonassessable and shall be issued in full satisfaction of all rights pertaining to such Nevada California Common Stock.

Appears in 2 contracts

Samples: Agreement of Merger and Plan (Savoir Technology Group Inc), Agreement of Merger and Plan (Zilog Inc)

Validity of Delaware Common Stock. All shares of Delaware Common Stock into which Nevada California Common Stock is to be converted pursuant to the Merger shall not be subject to any statutory or contractual preemptive rights, shall, when issued, shall be validly issued, fully paid and nonassessable and shall be issued in full satisfaction of all rights pertaining to such Nevada California Common Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Simpson Manufacturing Co Inc /Ca/)

Validity of Delaware Common Stock. All shares of Delaware Common Stock --------------------------------- into which Nevada California Common Stock is are to be converted pursuant to the Merger shall not be subject to any statutory or contractual preemptive rights, shall, when issued, shall be validly issued, fully paid and nonassessable and shall be issued in full satisfaction of all rights pertaining to such Nevada California Common Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Identix Inc)

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Validity of Delaware Common Stock. All shares of Delaware Common Stock into which Nevada New York Common Stock is to be converted pursuant to the Merger shall not be subject to any statutory or contractual preemptive rights, shall, when issued, be validly issued, fully paid and nonassessable non-assessable and shall be issued in full satisfaction of all rights pertaining to such Nevada New York Common Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (HMS Holdings Corp)

Validity of Delaware Common Stock. All shares of Delaware Common Stock into which Nevada California Common Stock is are to be converted pursuant to the Merger shall not be subject to any statutory or contractual preemptive rights, shall, when issued, shall be validly issued, fully paid and nonassessable and shall be issued in full satisfaction of all rights pertaining to such Nevada California Common Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Penederm Inc)

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