Common use of Validity of Shares Clause in Contracts

Validity of Shares. When issued upon the exercise of this Warrant as contemplated herein, the shares of Common Stock so issued will have been validly issued and will be fully paid and nonassessable. On the date hereof, the par value of the Common Stock is less than the Exercise Price per share of Common Stock.

Appears in 14 contracts

Samples: Warrant Agreement (Digital Theater Systems Inc), Warrant Agreement (Prospect Medical Holdings Inc), Warrant Agreement (Prospect Medical Holdings Inc)

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Validity of Shares. When issued upon the exercise of this Warrant as contemplated herein, the shares of Common Stock so issued will have been validly issued and will be fully paid and nonassessable. On the date hereof, the par value of the Common Stock is less than the Exercise Price per share of Common Stock.

Appears in 6 contracts

Samples: Warrant Agreement (Adam Inc), Warrant Agreement (Aris Industries Inc), Warrant Agreement (Park N View Inc)

Validity of Shares. When issued upon the exercise of this ------------------ Warrant as contemplated herein, the shares of Common Stock so issued will have been validly issued and will be fully paid and nonassessable. On the date hereof, the par value of the Common Stock is less than the Exercise Price per share of Common Stock.

Appears in 3 contracts

Samples: Warrant Agreement (Pcsupport Com Inc), Warrant Agreement (Pcsupport Com Inc), Warrant Agreement (Pcsupport Com Inc)

Validity of Shares. When issued upon the exercise of this Warrant as contemplated herein, the shares of Common Stock so issued Warrant Shares will have been validly issued and will be fully paid and nonassessable. On the date hereof, the par value of the Common Stock is less than the Exercise Price per share of Common Stock.

Appears in 1 contract

Samples: Warrant Agreement (Softnet Systems Inc)

Validity of Shares. When issued upon the exercise of this Warrant as contemplated hereinherein or pursuant to the Loan Agreement, the shares of Common Stock so issued will have been validly issued and will be fully paid and nonassessable. On the date hereof, the par value of the Common Stock is less than the Exercise Price per share of Common Stock.

Appears in 1 contract

Samples: Warrant Agreement (Unison Healthcare Corp)

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Validity of Shares. When issued upon the exercise of this --------------------- Warrant as contemplated herein, the shares of Common Stock so issued will have been validly issued and will be fully paid and nonassessable. On the date hereof, the par value of the Common Stock is less than the Exercise Price per share of Common Stock.

Appears in 1 contract

Samples: Warrant Agreement (Pcsupport Com Inc)

Validity of Shares. When issued upon the exercise of this Warrant as contemplated hereinherein or when issued in payment of the Note, the shares of Common Stock so issued will have been validly issued and will be fully paid and nonassessable. On the date hereof, the par value of the Common Stock is less than the Exercise Price per share of Common Stock.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Cooper Companies Inc)

Validity of Shares. When issued upon the exercise of this Warrant as contemplated herein, the shares of Common Stock stock so issued will have been validly issued and will be fully paid and nonassessable. On the date hereof, the par value of the Common Stock is less than the Exercise Price per share of Common Stock.

Appears in 1 contract

Samples: Warrant Agreement (Commonwealth Energy Corp)

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