Common use of Authorization of Securities Clause in Contracts

Authorization of Securities. The Securities have been duly authorized for issuance and sale to the Placement Agent 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, fully paid and nonassessable; no holder of the Securities is or will be subject to personal liability by reason of being such a holder; and the issuance of the Securities is not subject to any preemptive right, right of first refusal or other similar right of any securityholder of the Company or any other person.

Authorization of Securities. The Securities have been duly authorized for issuance and sale to the Placement Agent 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, fully paid and nonassessablenon-assessable; no holder of the Securities is or will be subject to personal liability by reason of being such a holder; and the issuance of the Securities is not subject to any preemptive rightrights, right rights of first refusal or other similar right rights of any securityholder of the Company or any other person.

Authorization of Securities. The Securities have been duly authorized for issuance and sale to the Placement Agent Underwriter 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, fully paid and nonassessable; no holder of the Securities is or will be subject to personal liability by reason of being such a holder; and the issuance of the Securities is not subject to any preemptive right, right of first refusal or other similar right of any securityholder of the Company or any other person.

Authorization of Securities. The Securities have been duly authorized for issuance and sale to the Placement Agent 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, fully paid and nonassessable; no holder of the Securities is or will be subject to personal liability by reason of being such a holder; and the issuance of the Securities is not subject to any preemptive right, right of first refusal or other similar right of any securityholder of the Company or any other person.

Authorization of Securities. The Securities have been duly authorized for issuance and sale to the Placement Agent Underwriters pursuant to this Agreement and, when issued and delivered by the Company Company, pursuant to this Agreement against payment of the consideration set forth herein, will be validly issued, fully paid and nonassessablenon-assessable; no holder of the Securities is or will be subject to personal liability by reason of being such a holder; and the issuance of the Securities is not subject to any preemptive rightrights, right rights of first refusal or other similar right rights of any securityholder security holder of the Company or any other person.

Authorization of Securities. The Company Securities have been duly authorized for issuance and sale to the Placement Agent 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, fully paid and nonassessablenon-assessable; no holder of the Securities is or will be subject to personal liability by reason of being such a holder; and the issuance of the Company Securities is not subject to any preemptive rightrights, right rights of first refusal or other similar right rights of any securityholder of the Company or any other person.

Authorization of Securities. The Securities have been duly authorized for issuance and sale to the Placement Agent pursuant to this Agreement and, when When issued and delivered by the Company pursuant to this Agreement against payment of the consideration set forth herein, the Securities will have been duly authorized and will be validly issued, fully paid and nonassessablenon-assessable; no holder of the Securities is or will be subject to personal liability by reason of being such a holder; and the issuance and sale of the Securities is to be sold by the Company under this Agreement are not subject to any preemptive rightrights, right rights of first refusal or other similar right rights of any securityholder of the Company or any other person.

Authorization of Securities. The Securities have been duly authorized for issuance and sale to the Placement Agent 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, fully paid and nonassessablenon-assessable; no holder of the Securities is or will be subject to personal liability by reason of being such a holder; and the issuance and sale of the Securities is not subject to any preemptive rightrights, right rights of first refusal or other similar right rights of any securityholder of the Company or any other person.