Validity of the Shares. The Company has duly authorized and reserved for issuance a number of shares of Common Stock equal to the maximum number of Exchanged Shares that may be issued pursuant to this Agreement. When issued and delivered in accordance with the terms of this Agreement, the Exchanged Shares will be validly issued, fully paid and nonassessable, and the issuance of any such Exchanged Shares will not subject to any preemptive or similar rights.
Appears in 3 contracts
Samples: Exchange Agreement (Green Plains Inc.), Exchange Agreement (Green Plains Inc.), Exchange Agreement (Green Plains Inc.)
