Common use of Issuance of Holdings Common Stock Clause in Contracts

Issuance of Holdings Common Stock. The shares of Holdings Common Stock to be delivered to the Company Shareholders hereunder have been duly and validly authorized and when issued in accordance with this Agreement, will be duly and validly issued, fully paid and nonassessable and will not have been issued in violation of any statutory preemptive rights, or any other preemptive right, co-sale right, right of first refusal or other similar right.

Issuance of Holdings Common Stock. The shares of Holdings Common Stock to be delivered to the Company Shareholders Members hereunder have been duly and validly authorized and when issued in accordance with this Agreement, will be duly and validly issued, fully paid and nonassessable and will not have been issued in violation of any statutory preemptive rights, or any other preemptive right, co-sale right, right of first refusal or other similar right.