Common use of Warranty as to Shares Clause in Contracts

Warranty as to Shares. The Company hereby represents and warrants that the Shares, when issued, will be validly issued, fully paid, and nonassessable. Such representation and warranty shall survive the deposit of the Shares and the issuance of Receipts.

Appears in 3 contracts

Samples: Deposit Agreement (RJF Capital Trust III), Deposit Agreement (Bank of America Corp /De/), Deposit Agreement (Bank of America Corp /De/)

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Warranty as to Shares. The Company hereby represents and warrants that the Shares, when issued, will be validly issued, fully paid, paid and nonassessable. Such representation and warranty shall survive the deposit of the Shares and the issuance of Receipts.

Appears in 2 contracts

Samples: Deposit Agreement (United Companies Financial Corp), Deposit Agreement (Bank of America Corp /De/)

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Warranty as to Shares. The Company hereby represents and warrants that the Shares, when issued, will be duly authorized, validly issued, fully paid, paid and nonassessablenonassessable and that such issuance will comply with applicable state and federal securities laws. Such representation and warranty shall survive the deposit of the Shares and the issuance of Receipts.

Appears in 1 contract

Samples: Master Deposit Agreement (Agree Realty Corp)

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