Common use of Issuance and Delivery of the Shares Clause in Contracts

Issuance and Delivery of the Shares. The Shares have been duly authorized and, when issued and paid for in compliance with the provisions of this Agreement, will be validly issued, fully paid and nonassessable. The issuance and delivery of the Shares is not subject to preemptive, co-sale, right of first refusal or any other similar rights of the shareholders of the Company or its subsidiaries or any liens or encumbrances. No holder of any of the Company's securities has been granted any registration rights other than the registration rights set forth herein.

Issuance and Delivery of the Shares. The Shares have been duly authorized andShares, when issued and paid for in compliance with the provisions of this Agreement, will be validly issued, fully paid and nonassessable. The issuance and delivery of the Shares is not subject to preemptive, co-co- sale, right of first refusal or any other similar rights of the shareholders of the Company or its subsidiaries or any liens or encumbrances. No holder of any of the Company's securities The Company has been not granted any registration rights with respect to its securities other than the registration rights set forth herein.

Issuance and Delivery of the Shares. The Shares and Additional Shares have been duly authorized and, when issued and paid for in compliance with the provisions of this Agreement, will be validly issued, fully paid and nonassessablenonassessable and free and clear of any and all Liens. The issuance and delivery of the Shares and the Additional Shares is not subject to preemptive, co-sale, right of first refusal or any other similar rights of the shareholders of the Company or its subsidiaries or any liens or encumbrances. No holder of any of the Company's securities has been granted any registration rights other than the registration rights set forth herein.