Common use of Authorization of the Ordinary Shares Clause in Contracts

Authorization of the Ordinary Shares. The Ordinary Shares included in the Units have been duly authorized and, when issued and delivered against payment for the Offered Securities by the Underwriters pursuant to this Agreement, will be validly issued, fully paid and non-assessable.

Authorization of the Ordinary Shares. The Ordinary Shares included in the Units have been duly and validly authorized and, when issued and delivered (by the entry of the name of the registered owner thereof in the register of members of the Company confirming that such Ordinary Shares have been issued credited as fully paid) against payment for the Offered Securities by the Underwriters pursuant to this Agreement, will be duly and validly issued, fully paid and non-assessableassessable and free of preemptive rights, rights of first refusal and similar rights.

Authorization of the Ordinary Shares. The Ordinary Shares included in the Units have been duly authorized by the Company and, when issued and delivered by the Company against payment for the Offered Securities by the Underwriters pursuant to this AgreementAgreement and the Amended and Restated Memorandum and Articles of Association of the Company, will be validly issued, issued as fully paid and non-assessable.

Authorization of the Ordinary Shares. The Ordinary Shares included in the Units have been duly authorized by the Company and, when issued and delivered by the Company against payment for the Offered Securities by the Underwriters pursuant to this AgreementAgreement and the Amended and Restated Memorandum and Articles of Association (as defined below) of the Company, will be validly issued, issued as fully paid and non-assessable.