Common use of Validity of Shares Clause in Contracts

Validity of Shares. The Exchange Shares to be delivered at the Closing shall be duly and validly issued, fully paid and non-assessable and free and clear of any Liens.

Appears in 3 contracts

Samples: Exchange Agreement (SIMPLICITY ESPORTS & GAMING Co), Exchange Agreement (Credex Corp), Share Exchange Agreement (W Technologies, Inc.)

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Validity of Shares. The Exchange Payment Shares to be delivered at the each Closing shall be duly and validly issued, fully paid and non-assessable and free and clear of any Liens.

Appears in 2 contracts

Samples: Stock Exchange Agreement (Reliance Global Group, Inc.), Stock Exchange Agreement (Reliance Global Group, Inc.)

Validity of Shares. The Exchange Shares to be delivered at the Closing shall be duly and validly issued, fully paid and non-assessable and free and clear of any LiensLiens imposed by the Company.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (Novo Integrated Sciences, Inc.), Membership Interest Exchange Agreement (Sollensys Corp.)

Validity of Shares. The Exchange Shares to be delivered at the Closing shall be duly and validly issued, fully paid and non-assessable and free and clear of any LiensLiens other than any Liens imposed by Bitech’s Certificate of Incorporation, Bylaws, other organizational documents, or as imposed by applicable Laws.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (Bitech Technologies Corp), Option Agreement (Bitech Technologies Corp)

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Validity of Shares. The Exchange Shares to be delivered at the Closing shall be duly and validly issued, fully paid and non-assessable and free and clear of any Liens. Based in part on the accuracy of the representations of the OpenLocker Stockholders in Section 4.07 and subject to filings pursuant to Regulation D under the Securities Act and applicable state securities laws, the offer, sale and issuance of the Exchange Shares pursuant to this Agreement will be in compliance with federal and applicable state securities laws and regulations.

Appears in 1 contract

Samples: Share Exchange Agreement (Descrypto Holdings, Inc.)

Validity of Shares. The Exchange Shares to be delivered at the each Closing shall be duly and validly issued, fully paid and non-assessable and free and clear of any Liens.

Appears in 1 contract

Samples: Exchange Agreement (Credex Corp)

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