Validly Issued Securities. The Corporation will, provided it receives payment therefor, ensure that at the Time of Closing the Offered Shares have been duly and validly issued as fully paid and non-assessable Common Shares.
Validly Issued Securities. (i) The Offered Shares have been duly authorized for issuance and, upon issuance thereof in accordance with this Underwriting Agreement, the Offered Shares will be validly issued as fully paid and non-assessable Common Shares, and all statements made in the Offering Documents describing the Offered Shares (including their attributes) are accurate in all material respects; (ii) the Option has been duly authorized for grant; and (iii) the Offered Shares and the Option have not and will not have been issued or granted in violation of any pre-emptive rights or contractual rights to purchase securities issued by the Company;
Validly Issued Securities. The securities to be issued pursuant to this Agreement have been duly authorized for issuance, and such securities, when issued and delivered to the Shareholders pursuant to this Agreement, shall be validly issued, fully paid and nonassessable and will be free of all encumbrances other than encumbrances attributable to the Shareholders and encumbrances with respect to securities subject to the Escrow Agreement.
Validly Issued Securities. The Corporation will ensure at the Closing Time that the (i) Unit Shares have been duly and validly created and issued as fully-paid and non-assessable Common Shares, and (ii) the Warrants and Agent’s Warrants have been duly and validly created and issued. The Corporation will ensure that upon their issuance in accordance with their terms and payment therefor the Warrant Shares and the Agent’s Warrant Shares shall be duly and validly issued as fully paid and non-assessable Common Shares.
Validly Issued Securities. The Corporation shall ensure that: (i) at all times prior to the Deemed Exercise Date, a sufficient number of Underlying Shares are duly and validly allotted and reserved for issuance upon the due exercise of the Special Warrants; and (ii) upon the due exercise of the Special Warrants, the Underlying Shares will be duly issued as fully paid and non-assessable shares in the capital of the Corporation;
Validly Issued Securities. All of the issued and outstanding securities of the Company have been duly and validly authorized and issued and are fully paid and non-assessable shares of the Company, and none of the outstanding securities of the Company were issued in violation of the pre-emptive or similar rights of any securityholder of the Company.
Validly Issued Securities. The Corporation shall ensure that: (i) upon the due exercise of the Special Warrants, the Underlying Debentures will be duly issued as fully paid securities of the Corporation; (ii) at all times following the Deemed Exercise Date, a sufficient number of Debenture Shares are duly and validly allotted and reserved for issuance upon the conversion of the Underlying Debentures; and (iii) upon the conversion of the Underlying Debentures, the Debenture Shares will be duly issued as fully paid and non-assessable Common Voting Shares or Variable Voting Shares, as applicable, in the capital of the Corporation;
Validly Issued Securities. The Securities have been duly authorized for issuance and sale pursuant to this Agreement and the Indenture and, at the Closing Date, will have been duly executed by the Company and, when authenticated in the manner provided for in the Indenture and delivered against payment of the purchase price therefore, will be validly issued and will constitute valid and legally binding obligations of the Company enforceable in accordance with their terms, subject to applicable bankruptcy, insolvency or similar laws affecting creditors' rights generally and general principles of equity, and will be entitled to the benefits provided by the Indenture under which they are to be issued, which will be substantially in the form previously delivered to you; and the Securities and the Indenture will conform to the descriptions thereof in the Final Offering Circular.
Validly Issued Securities. The Corporation will ensure at the Closing Time that the (i) Debentures and Warrants comprising the Units have been duly and validly created and issued, and (ii) the Broker Warrants have been duly and validly created and issued. The Corporation will ensure that upon their issuance in accordance with the terms of the Broker Warrants and payment therefor, the Broker Units shall be duly and validly issued as Broker Unit Warrants and Broker Unit Shares. The Corporation will ensure that upon their issuance in accordance with their terms and payment therefor the Warrant Shares, the Debenture Shares, the Broker Unit Shares and the Broker Warrant Shares shall be duly and validly issued as fully paid and non-assessable Common Shares.
Validly Issued Securities. The Corporation will ensure at the Closing Time that the (i) Unit Shares and Advisory Fee Shares have been duly and validly created and issued as fully-paid and non-assessable Common Shares, and (ii) the Warrants, Advisory Fee Warrants and the Compensation Options have been duly and validly created and issued. The Corporation will ensure that upon their issuance in accordance with the terms of the Compensation Options and payment therefor, the Compensation Warrants shall be duly and validly issued. The Corporation will ensure that upon their issuance in accordance with their terms and payment therefor the Warrant Shares, Advisory Fee Warrant Shares, Compensation Shares and the Compensation Warrant Shares shall be duly and validly issued as fully paid and non- assessable Common Shares.
