Warrant and Warrant Shares. The Warrant, when issued pursuant to this Credit Agreement, will be a duly authorized, valid, and binding obligation of Borrower, enforceable in accordance with its terms. When issued and sold upon the exercise of the Warrant in accordance with its terms, the common shares of the Borrower will be validly issued and outstanding, fully paid and non-assessable.
Appears in 4 contracts
Samples: Revolving Line of Credit Agreement (Biotime Inc), Revolving Line of Credit Agreement (Greenway Partners L P), Revolving Line of Credit Agreement (Biotime Inc)