Common use of Authorization of Reserved Shares Clause in Contracts

Authorization of Reserved Shares. The issuance, sale and delivery by the Company of the shares of Common Stock reserved for issuance upon exercise of the Agent’s Warrants (the “Reserved Shares”) have been duly authorized by all requisite corporate action of the Company. The Reserved Shares have been duly reserved for issuance upon exercise of the Agent’s Warrants and when so issued, sold, paid for and delivered, the Reserved Shares will be validly issued and outstanding, fully paid and nonassessable, and not subject to preemptive or any other similar rights of the shareholders of the Company or others which rights shall not have been waived prior to the Closing.

Authorization of Reserved Shares. The issuance, sale and delivery by the Company of the shares of Common Stock reserved for issuance issuable upon exercise of the Warrants, including the Agent’s 's Warrants (the “"Reserved Shares”") have been duly authorized by all requisite corporate action of the Company. The , and the Reserved Shares have been duly reserved for issuance upon exercise of all or any of the Warrants and exercise of the Agent’s 's Warrants and when so issued, sold, paid for and delivered, the Reserved Shares will be validly issued and outstanding, fully paid and nonassessable, and not subject to preemptive or any other similar rights of the shareholders stockholders of the Company or others which rights shall not have been waived prior to the Initial Closing.

Authorization of Reserved Shares. The issuance, sale and delivery by the Company of the shares of Common Stock reserved for issuance upon exercise of the Agent’s 's Warrants (the “"Reserved Shares”") have been duly authorized by all requisite corporate action of the Company. The Reserved Shares have been duly reserved for issuance upon exercise of the Agent’s 's Warrants and when so issued, sold, paid for and delivered, the Reserved Shares will be validly issued and outstanding, fully paid and nonassessable, and not subject to preemptive or any other similar rights of the shareholders of the Company or others which rights shall not have been waived prior to the Closing.

Authorization of Reserved Shares. The issuance, sale and delivery by the Company of the shares of Common Stock reserved for issuance issuable upon exercise of the Agent’s Warrants (the “"Reserved Shares”") have have, been duly authorized by all requisite corporate action of the Company. The , and the Reserved Shares have been duly reserved for issuance upon exercise of all or any of the Agent’s Warrants and when so issued, sold, paid for and delivered, the Reserved Shares will be validly issued and outstanding, fully paid and nonassessable, and not subject to preemptive or any other similar rights of the shareholders stockholders of the Company or others which rights shall not have been waived prior to the Initial Closing.