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

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the sale of up to __________ shares (the "Shares") of common stock, par value $0.01 per share (the "Common Stock"), of the Company.

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the The Company has authorized ----------------------------------- the sale to the Purchaser of up to __________ 125,000 shares (the "Shares") of common stockthe Common Stock, par value $0.01 per share share, of the Company (the "Common Stock")) at a purchase price of $6.00 per share, which price is at a premium to the current fair market value of the CompanyCommon Stock.

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the The Company has authorized ----------------------------------- the sale to the Purchaser of up to __________ 125,000 shares (the "Shares") of common stockthe Common Stock, par value $0.01 per share share, of the Company (the "Common Stock")) at a purchase price of $ [*]per share, which price is at a premium to the current fair market value of the CompanyCommon Stock.

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the sale of up to __________ common shares of beneficial interest, $.01 par value per share (the "Shares") of common stock, par value $0.01 per share (the "Common Stock"), of to the CompanyPurchaser.

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the sale of up to __________ shares (of the "Shares") of common stock, par value $0.01 .01 per share (the "Common StockShares"), of the Company.

Authorization of Sale of the Shares. Subject to the terms and conditions of this Agreement, the Company has authorized the sale of up to _______________ shares (each, a "Share" and collectively, the "Shares") of Company common stock, par value $0.01 per share (the "Common Stock"), of the Company.