Common use of Concerning the Shares Clause in Contracts

Concerning the Shares. The Shares when issued and delivered will be duly and validly authorized and issued, fully paid and non assessable and will not subject the holders thereof to personal liability by reason of being such holders. There are no preemptive rights of any shareholder of the Company with respect to any shares of the Company subscribed thereof.

Concerning the Shares. The Shares Shares, when issued issued, delivered and delivered paid for in accordance with this Agreement, will be duly and validly authorized and issued, fully paid and non non-assessable and will not subject the holders holder thereof to personal liability by reason of being such holdersholder. There are no preemptive rights of any shareholder of the Company with respect Company, as such, to any shares of acquire the Company subscribed thereofShares.

Concerning the Shares. The Shares Shares, when issued issued, delivered and delivered paid for in accordance with this Agreement, will be duly and validly authorized and issued, fully paid and non assessable non-accessible and will not subject the holders holder thereof to personal liability by reason of being such holdersholder. There are no preemptive rights of any shareholder stockholder of the Company with respect Company, as such, to any shares of acquire the Company subscribed thereofShares.

Concerning the Shares. The Shares Shares, when issued and delivered issued, will be duly and validly authorized and issued, fully paid and non assessable non-assessable, will be free and clear of any liens imposed by or through the Company, will not be subject to preemptive rights and will not subject the holders holder thereof to personal liability by reason of being such holdersa holder. There are currently no preemptive rights of any shareholder stockholder of the Company with respect to any shares of acquire the Company subscribed thereofShares.

Concerning the Shares. The Shares Shares, when issued issued, delivered and delivered paid for in accordance with this Agreement, will be duly and validly authorized and issued, fully paid and non assessable nonaccessible and will not subject the holders holder thereof to personal liability by reason of being such holdersholder. There are no preemptive rights of any shareholder stockholder of the Company with respect Company, as such, to any shares of acquire the Company subscribed thereofShares.

Concerning the Shares. The Shares when issued and delivered will be duly --------------------- and validly authorized and issued, fully paid and non non-assessable and will not subject the holders thereof to personal liability by reason of being such holders. There are no preemptive rights of any shareholder of the Company with respect to any shares of the Company subscribed thereofCompany.

Concerning the Shares. The Shares are duly authorized and, when issued and delivered issued, will be duly and validly authorized and issued, fully paid and non assessable non-assessable, will be free and clear of any liens imposed by or through the Company, will not be subject to preemptive rights and will not subject the holders holder thereof to personal liability by reason of being such holdersa holder. There are currently no preemptive rights of any shareholder stockholder of the Company with respect to any shares of acquire the Company subscribed thereofShares.