Common use of Expenses; Taxes Clause in Contracts

Expenses; Taxes. All shares of Common Stock issuable upon the exercise of this Warrant pursuant to the terms hereof shall be validly issued, fully paid and nonassessable, issued without violation of any preemptive rights and free and clear of any mortgage, pledge, deed of trust, lien, charge, encumbrance or security interest of any kind. The Company shall pay all expenses in connection with, and all taxes and other governmental charges that may be imposed with respect to any such stock issuance or transfer or the transactions contemplated hereby (other than taxes on the income of any holder of Warrant Shares or any such holder's franchise taxes), unless such tax or charge is imposed by applicable law upon such holder, in which case such taxes or charges shall be paid by such holder, and the Company shall reimburse such holder therefor on an after-tax basis; provided that such holder shall be required to pay any taxes with respect to any transfer of such Common Stock to any other person.

Expenses; Taxes. All shares of Common Stock issuable upon the exercise of this Warrant pursuant to the terms hereof shall be validly issued, fully paid and nonassessable, issued without violation of any preemptive rights and free and clear of any mortgage, pledge, deed of trust, lien, charge, encumbrance or security interest of any kind. The Company shall pay all expenses in connection with, and all taxes and other governmental charges that may be imposed with respect to any such stock issuance or transfer or the transactions contemplated hereby (other than taxes on the income of any holder of Warrant Shares or any such holder's ’s franchise taxes), unless such tax or charge is imposed by applicable law upon such holder, in which case such taxes or charges shall be paid by such holder, and the Company shall reimburse such holder therefor on an after-tax basis; provided that such holder shall be required to pay any taxes with respect to any transfer of such Common Stock to any other person.

Expenses; Taxes. All shares of Common Stock issuable upon the exercise of this Warrant pursuant to the terms hereof shall be validly issued, fully paid and nonassessable, issued without violation of any preemptive rights and free and clear of any mortgage, pledge, deed of trust, lien, charge, encumbrance or security interest of any kind. The Company shall pay all expenses in connection with, and all taxes and other governmental charges that may be imposed with respect to any such stock issuance or transfer or the transactions contemplated hereby (other than taxes on the income of any holder of Warrant Shares or any such holder's franchise taxes), unless such tax or charge is imposed by applicable law upon such holder, in which case such taxes or charges shall be paid by such holder, and the Company shall reimburse such holder therefor on an after-tax basis; provided that such holder shall be required to pay any taxes with respect to any transfer of such Common Stock to any other person.