Examples of ION Shares in a sentence
All of the issued and outstanding I-ON Shares were issued in compliance with applicable federal and state securities laws.
As of the date hereof, 2,978,753 ION Shares and 1,000,000 shares of Series A Preferred are issued and outstanding, all of which are duly authorized validly issued, fully paid and nonassessable and have not been issued in violation of any preemptive or similar rights.
Digi shall have received duly executed copies of all consents and approvals of third parties to the transactions contemplated hereby referred to in ION Disclosure Schedule 5.4 and the consents required from the spouses of those holders of ION Shares residing in California.
ION shall have taken, in accordance with applicable law and its articles of incorporation and by-laws, all action necessary to convene a meeting of holders of ION Shares.
The I-ON Shareholders have full right, power, and authority to transfer, assign, convey, and deliver their respective I-ON Shares; and delivery of such I-ON Shares at the Closing will convey to the Company good and marketable title to such I-ON Shares free and clear of any claims, charges, equities, liens, security interests, and encumbrances except for any such claims, charges, equities, liens, security interests, and encumbrances arising out of such I-ON Shares being held by the Company.
Until the certificate(s) is or are surrendered, each certificate(s) that immediately prior to the Effective Time represented any outstanding shares of I-ON Shares shall be deemed at and after the Effective Time to represent only the right to receive upon surrender as aforesaid the Merger consideration as specified in Section 1.6(b) for the holder thereof or to perfect any rights of appraisal that such holder may have pursuant to the applicable provisions of the NCBCA.
All of the issued and outstanding I-ON Shares are duly authorized, validly issued, fully paid, nonassessable and free of all pre-emptive rights.