Warranty as to Preferred Stock. The Corporation hereby represents and warrants that the Preferred Stock, when issued, will be duly authorized, validly issued, fully paid and nonassessable. Such representation and warranty shall survive the deposit of the Preferred Stock and the issuance of the related Receipts.
Appears in 22 contracts
Samples: Deposit Agreement (Allstate Corp), Deposit Agreement (Brighthouse Financial, Inc.), Deposit Agreement (Equitable Holdings, Inc.)
Warranty as to Preferred Stock. The Corporation Company hereby represents and warrants that the shares of Preferred Stock, when issued, will be duly authorized, validly issued, fully paid and nonassessable. Such representation and warranty shall survive the deposit of the any shares of Preferred Stock and the issuance of the related Receipts.
Appears in 2 contracts
Samples: Deposit Agreement (SBC Communications Inc), Deposit Agreement (Xo Communications Inc)
