Common use of Conditions on Obligations Clause in Contracts

Conditions on Obligations. The Company shall not be obligated to issue shares upon exercise of the Option if the Company is advised by its legal counsel that such issuance would violate applicable state or federal laws, including securities laws. The Company will use its best efforts to take any steps required by state or federal law or applicable regulations in connection with issuance of shares upon exercise of the Option.

Conditions on Obligations. The Company shall not be obligated to issue shares Shares upon exercise of the Option if the Company is advised by its legal counsel that such issuance would violate applicable U.S. or non-U.S. state or federal lawslaws or regulations, including securities laws. The Company will use its best efforts to take any steps required by state laws or federal law or applicable regulations in connection with issuance of shares upon exercise of the Optionexchange control regulations.

Conditions on Obligations. The Company shall not be obligated to issue shares Shares upon exercise of the Option if the Company is advised by its legal counsel that such issuance would violate applicable U.S. ornon-U.S. state or federal lawslaws or regulations, including securities laws. The Company will use its best efforts to take any steps required by state laws or federal law or applicable regulations in connection with issuance of shares upon exercise of the Optionexchange control regulations.

Conditions on Obligations. The Company shall not be obligated to issue shares upon exercise of the Option if the Company is advised by its legal counsel that such issuance would violate applicable state or federal laws, including securities laws. The Company will use its best efforts to take any steps required by state or federal law or applicable regulations in connection with issuance of shares upon exercise of the Option.