Common use of Authorization of Placement Shares Clause in Contracts

Authorization of Placement Shares. The Placement Shares, when issued and delivered pursuant to the terms approved by the board of directors of the Company or a duly authorized committee thereof, or a duly authorized executive committee, against payment therefor as provided herein, will be duly and validly authorized and issued and fully paid and nonassessable, free and clear of any pledge, lien, encumbrance, security interest or other claim (other than any pledge, lien, encumbrance, security interest or other claim arising from an act or omission of the Distribution Agents or a purchaser), including any statutory or contractual preemptive rights, resale rights, rights of first refusal or other similar rights (other than as disclosed in the Registration Statement or the Prospectus), and will be registered pursuant to Section 12 of the Exchange Act. The Placement Shares, when issued, will conform in all material respects to the description thereof set forth in or incorporated into the Prospectus.

Authorization of Placement Shares. The Placement Shares, when issued and delivered pursuant to the terms approved by the board of directors of the Company or a duly authorized committee thereof, or a duly authorized executive committee, against payment therefor as provided herein, will be duly and validly authorized and issued and fully paid and nonassessable, free and clear of any pledge, lien, encumbrance, security interest or other claim (other than any pledge, lien, encumbrance, security interest or other claim arising from an act or omission of the Distribution Agents MLV or a purchaser), including any statutory or contractual preemptive rights, resale rights, rights of first refusal or other similar rights (other than as disclosed in the Registration Statement or the Prospectus)rights, and will be registered pursuant to Section 12 of the Exchange ActAct and subject to the continuous disclosure obligation under the Financial Instruments and Exchange Act of Japan. The Placement Shares, when issued, will conform in all material respects to the description thereof set forth in or incorporated into the Prospectus.

Authorization of Placement Shares. The Placement Shares, when issued and delivered pursuant to the terms approved by the board of directors of the Company or a duly authorized committee thereof, or a duly authorized executive committee, against payment therefor as provided herein, will be duly and validly authorized and issued and fully paid and nonassessable, free and clear of any pledge, lien, encumbrance, security interest or other claim (other than any pledge, lien, encumbrance, security interest or other claim arising from an act or omission of the Distribution Agents Agent or a purchaser), including any statutory or contractual preemptive rights, resale rights, rights of first refusal or other similar rights (other than as disclosed in the Registration Statement or the Prospectus), and will be registered pursuant to Section 12 of the Exchange Act. The Placement Shares, when issued, will conform in all material respects to the description thereof set forth in or incorporated into the Prospectus.

Authorization of Placement Shares. The Placement Shares, when issued and delivered pursuant to the terms approved by the board of directors of the Company or a duly authorized committee thereof, or a duly authorized executive committee, against payment therefor as provided herein, will be duly and validly authorized and issued and fully paid and nonassessable, free and clear of any pledge, lien, encumbrance, security interest or other claim (other than any pledge, lien, encumbrance, security interest or other claim arising from an act or omission of the Distribution Agents Agent or a purchaser), including any statutory or contractual preemptive rights, resale rights, rights of first refusal or other similar rights (other than as disclosed in the Registration Statement or the Prospectus)rights, and will be registered pursuant to Section 12 of the Exchange ActAct and subject to the continuous disclosure obligation under the Financial Instruments and Exchange Act of Japan. The Placement Shares, when issued, will conform in all material respects to the description thereof set forth in or incorporated into the Prospectus.

Authorization of Placement Shares. The Placement Shares, when issued and delivered pursuant to the terms approved by the board of directors of the Company or a duly authorized committee thereof, or a duly authorized executive committee, against payment therefor as provided herein, will be duly and validly authorized and issued and fully paid and nonassessable, free and clear of any pledge, lien, encumbrance, security interest interest, or other claim (other than any pledge, lien, encumbrance, security interest interest, or other claim arising from an act or omission of the Distribution Agents any Agent or a purchaser), including any statutory or contractual preemptive rights, resale rights, rights of first refusal refusal, or other similar rights (other than except as disclosed set forth in the Registration Statement or the Prospectus2019 Securities Purchase Agreement), and will be registered pursuant to Section 12 of the Exchange Act. The Placement Shares, when issued, will conform in all material respects to the description thereof set forth in or incorporated into the Prospectus.