Common use of Authorization and Description of the Securities Clause in Contracts

Authorization and Description of the Securities. The Securities to be purchased by the Underwriters from the Company have been duly authorized for issuance and sale to the Underwriters pursuant to this Agreement and, when issued and delivered by the Company pursuant to this Agreement against payment of the consideration set forth herein, will be validly issued and fully paid and non-assessable; the Common Stock conforms to all statements relating thereto contained in the Prospectus and such description conforms to the rights set forth in the instruments defining the same; no holder of the Securities will be subject to personal liability by reason of being such a holder; and the issuance of the Securities is not subject to the preemptive or other similar rights of any securityholder of the Company.

Authorization and Description of the Securities. The Securities to be purchased by the Underwriters from the Company have been duly authorized by the Trust for issuance and sale to the Underwriters pursuant to this Agreement and, when issued and delivered by the Company Trust pursuant to this Agreement against payment of the consideration set forth purchase price therefor as provided herein, will be validly issued and fully paid and non-assessableassessable undivided beneficial interests in the assets of the Trust; the Common Stock conforms STRYPES conform to all statements relating thereto contained in the Trust Prospectus and such description conforms to the rights set forth in the instruments defining the same; no holder of the Securities will be subject to personal liability by reason of being such a holder; and the issuance of the Securities is not subject to the preemptive or other similar rights of any securityholder of the CompanyTrust.

Authorization and Description of the Securities. The Securities to be purchased by the Underwriters from the Company have been duly authorized by the Trust for issuance and sale to the Underwriters pursuant to this Agreement and, when issued and delivered by the Company Trust pursuant to this Agreement against payment of the consideration set forth purchase price therefor as provided herein, will be validly issued and fully paid and non-assessableassessable undivided beneficial interests in the assets of the Trust; the Common Stock conforms STRYPES conform in all material respects to all statements relating thereto contained in the Trust Prospectus and such description conforms in all material respects to the rights set forth in the instruments defining the same; no holder of the Securities will be subject to personal liability by reason of being such a holder; and the issuance of the Securities is not subject to the preemptive or other similar rights of any securityholder of the CompanyTrust.

Authorization and Description of the Securities. The Securities to be purchased by the Underwriters from the Company have been duly authorized for issuance and sale to the Underwriters pursuant to this Agreement and, when issued and delivered by the Company pursuant to this Agreement against payment of the consideration set forth herein, will be validly issued and fully paid and non-assessablenonassessable; the Common Stock conforms in all material respects to all statements relating thereto contained in the Prospectus Prospectus, and such description conforms to the rights set forth in the instruments defining the same; no holder of the Securities will be subject to personal liability by reason of being such a holder; and the issuance of the Securities is not subject to the preemptive or other similar rights of any securityholder security holder of the Company.