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

Validity of Warrant and Issue of Shares. The Company represents and warrants that: (i) this Warrant has been duly authorized and validly issued; (ii) the Warrant Shares when issued upon such exercise, will be duly authorized, validly issued, fully paid and non-assessable and free from all taxes, liens and charges with respect to the issue thereof; and (iii) during the period within which this Warrant may be exercised, the Company will at all times have authorized and reserved a sufficient number of shares of Common Stock to provide for the exercise of the rights represented by this Warrant.

Appears in 2 contracts

Samples: Subscription Agreement (Sibling Entertainment Group, Inc.), Subscription Agreement (Mogul Energy International, Inc.)

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Validity of Warrant and Issue of Shares. The Company warrants that this Warrant is validly issued and represents and warrants that: (i) agrees that all shares of Common Stock that may be issued upon the exercise of the rights represented by this Warrant has been duly authorized and validly issued; (ii) the Warrant Shares when issued will, upon such exerciseissuance, will be duly authorized, validly issued, fully paid and non-assessable nonassessable and free from all taxes, taxes and liens and charges with respect to the issue thereof; options. The Company further warrants and (iii) agrees that during the period within which the rights represented by this Warrant may be exercised, the Company will at all times have authorized and reserved a sufficient number of shares of Common Stock to provide for the exercise of the rights represented by this Warrant.

Appears in 1 contract

Samples: Thinking Tools Inc

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Validity of Warrant and Issue of Shares. The Company represents and warrants that: (i) that this Warrant has been duly authorized and validly issued; (ii) issued and warrants and agrees that all shares of Common Stock that may be issued upon the exercise of the rights represented by this Warrant Shares will, when issued upon such exercise, will be duly authorized, validly issued, fully paid and non-assessable nonassessable and free from all taxes, liens and charges with respect to the issue thereof; . The Company further warrants and (iii) during agrees that dining the period within which the rights represented by this Warrant may be exercised, the Company will at all times have authorized and reserved a sufficient number of shares of Common Stock to provide for the exercise of the rights represented by this Warrant.Company

Appears in 1 contract

Samples: Antiope Ventures Lp

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