Common use of Authorization of Sale of the Securities Clause in Contracts

Authorization of Sale of the Securities. Subject to the terms and conditions of this Agreement, the Company has, or before the Closing (as defined below) will have, authorized the sale and issuance of up to 752,000 shares of its Common Stock (the "Common Stock"). The shares of Common Stock sold hereunder shall be referred to herein as the "Shares" or the "Securities."

Authorization of Sale of the Securities. Subject to the terms and conditions of this Agreement, the Company has, or before the Closing (as defined below) will have, authorized the sale and issuance of up to 752,000 5,000,000 shares of its Common Stock (the "Common Stock") pursuant to the Agreements (as defined below). The shares of Common Stock sold to the Purchaser hereunder shall be referred to herein as the "Shares" or the "Securities."

Authorization of Sale of the Securities. Subject to the terms and conditions of this Agreement, the Company has, or before the Closing (as defined below) will have, authorized the sale and issuance of up to 752,000 3,398,000 shares of its Common Stock (the "Common Stock"). The shares of Common Stock sold hereunder shall be referred to herein as the "Shares" or the "Securities."

Authorization of Sale of the Securities. Subject to the terms and conditions of this Agreement, the Company has, or before the Closing (as defined below) will have, authorized the sale and issuance of up to 752,000 4,096,000 shares of its Common Stock (the "Common Stock"). The shares of Common Stock sold hereunder shall be referred to herein as the "Shares" or the "Securities."

Authorization of Sale of the Securities. Subject to the terms and conditions of this Agreement, the Company has, or before the Closing (as defined below) will have, authorized the sale and issuance of up to 752,000 3,102,500 shares of its Common Stock (the "Common Stock"). The shares of Common Stock sold hereunder shall be referred to herein as the "Shares" or the "Securities."

Authorization of Sale of the Securities. Subject to the terms and conditions of this Agreement, the Company has, or before the Closing (as defined below) will have, authorized the sale and issuance of up to 752,000 3,000,000 shares of its Common Stock (the "Common Stock"). The shares of Common Stock sold hereunder shall be referred to herein as the "Shares" or the "Securities."

Authorization of Sale of the Securities. Subject to the terms and conditions of this Agreement, the The Company has, or before the Closing (as defined below) will have, has authorized the sale and issuance of up to 752,000 12,800,000 shares of its Common Stock common stock, par value $.001 per share (the "Common Stock"), as described in the Private Placement Memorandum dated February 2001 (the "Memorandum"). The shares of Common Stock sold hereunder shall be referred to herein as the "Shares" or the "Securities."

Authorization of Sale of the Securities. Subject to the terms and conditions of this Agreement, the Company has, or before the Closing (as defined below) will have, authorized the sale and issuance of up to 752,000 $500,000 worth of shares of its Common Stock (the "“Common Stock"”), priced as set forth in Section 2.1 herein. The shares of Common Stock sold hereunder shall be referred to herein as the "“Shares" ” or the "“Securities."”

Authorization of Sale of the Securities. Subject to the terms and conditions of this Agreement, the The Company has, or before the Closing (as defined below) will have, has authorized the sale and issuance of up to 752,000 925,930 shares of its Common Stock common stock, no par value (the "Common Stock"). The shares of Common Stock sold hereunder shall be referred to herein as the "Shares" or the "Securities."