Common use of Validity of Warrant and Issuance of Shares Clause in Contracts

Validity of Warrant and Issuance of Shares. The Company represents and warrants that this Warrant has been duly authorized and is validly issued. The Company further represents and warrants that on the date hereof it duly authorized and reserved, and the Company hereby agrees that it will at all times until the Expiration Date have duly authorized and reserved, such number of shares of Common Stock as will be sufficient to permit the exercise in full of the Warrant, and that all such shares are and will be duly authorized and, when issued upon exercise of the Warrant, will be validly issued, fully paid and non-assessable, and free and clear of all security interests, claims, liens, equities and other encumbrances.

Appears in 3 contracts

Samples: Warrant (Blue Ridge Energy Inc), Blue Ridge Energy Inc, Blue Ridge Energy Inc

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Validity of Warrant and Issuance of Shares. The Company represents and warrants that this Warrant has been duly authorized and is validly issued. The Company further represents and warrants that on the date hereof it is duly authorized and reserved, and the Company hereby agrees that it will at all times until the Expiration Date have duly authorized and reserved, such number of shares of Common Stock as will be sufficient to permit the exercise in full of the Warrant, and that all such shares are and will be duly authorized and, when issued upon exercise of the Warrant, will be validly issued, fully paid and non-assessable, and free and clear of all security interests, claims, liens, equities and other encumbrances.

Appears in 2 contracts

Samples: E4l Inc, National Media Corp

Validity of Warrant and Issuance of Shares. The Company represents and warrants that this Warrant has been duly authorized and is validly issued. The Company further represents and warrants that on the date hereof of this Warrant it has duly authorized and reserved, and the Company hereby agrees that it will at all times until the Expiration Date Date, have duly authorized and reserved, such a sufficient number of shares of Common Stock as will be sufficient to permit the exercise in full of the this Warrant, and that all such of these shares of Common Stock are and will be duly authorized and, when issued upon on exercise of the Warrant, will be validly issued, fully paid and non-assessable, and free and clear of all security interests, claims, liens, equities and other encumbrances.

Appears in 2 contracts

Samples: Warrant (Blue Ridge Energy Inc), Warrant (Blue Ridge Energy Inc)

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Validity of Warrant and Issuance of Shares. The Company represents and warrants that this Warrant has been duly authorized and is in validly issued. The Company further represents and warrants that on the that date hereof it in duly authorized and reserved, and the Company hereby agrees that it will at all times until the Expiration Date have duly authorized and reserved, such number of shares of Common Stock as will be sufficient to permit the exercise in full of the Warrant, and that all such shares are and will be duly authorized and, when issued upon exercise of the Warrant, will be validly issued, fully paid and non-assessable, and free and clear of all security interests, claims, liens, equities and other encumbrances.

Appears in 1 contract

Samples: Objective Communications Inc

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