Common use of Issuance of the Common Shares Clause in Contracts

Issuance of the Common Shares. The Common Shares, and each component or underlying security, are duly authorized and, when issued and paid for in accordance with this Subscription Agreement, will be duly and validly issued, fully paid and nonassessable, free and clear of all liens, and not subject to any preemptive rights.

Issuance of the Common Shares. The Common SharesShares are duly authorized, and each component or underlying security, are duly authorized and, when issued and paid for in accordance with this Subscription Agreementthe Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all liens, Encumbrances and shall not be subject to any preemptive rights or similar rights, other than those that have (i) been waived, or (ii) not been exercised and the period for exercise has expired.

Issuance of the Common Shares. The Common Shares, and each component or underlying security, Shares are duly authorized and, when issued and paid for in accordance with this Subscription Agreement, will be duly and validly issued, fully paid and nonassessable, free and clear of all liens, and not subject to any preemptive rights.

Issuance of the Common Shares. The Common SharesShares shall be duly authorized, and each component or underlying security, are duly authorized and, when issued and paid for in accordance with this Subscription Agreement, will shall be duly and validly issued, fully paid and nonassessable, free and clear of all liens, and not subject to any preemptive rightsLiens imposed by the Company other than restrictions on transfer provided for in this Agreement.

Issuance of the Common Shares. The Common Shares, and each component or underlying security, Shares are duly authorized and, when issued and paid for in accordance with this Subscription Agreementthe applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all liensLiens imposed by the Company. Assuming the accuracy of each of the representations and warranties of each Purchaser set forth in Section 3.2 of this Agreement, the offer and not subject to any preemptive rightsissuance by the Company of the Common Shares is exempt from registration under the Securities Act.

Issuance of the Common Shares. The Common Shares, and each component or underlying security, are Shares have been duly authorized and, when issued and paid for in accordance with this Subscription Agreement, will be duly and validly issued, fully paid and nonassessable, free and clear of all liensLiens, and not subject other than Liens imposed by applicable securities laws. The Company has reserved from its duly authorized capital stock the shares of Common Shares issuable pursuant to any preemptive rightsthis Agreement.

Issuance of the Common Shares. The Common Shares, and each component or underlying security, Shares are duly authorized and, when issued and paid for in accordance with this Subscription Agreementthe applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all liens, and not subject to any preemptive rightsLiens (other than Permitted Liens) imposed by the Company other than restrictions on transfer provided for in the Transaction Documents.

Issuance of the Common Shares. The Common Shares, and each component or underlying security, are Shares have been duly authorized and, when issued and paid for in accordance with this Subscription Agreement, will be duly and validly issued, fully paid and nonassessable, free and clear of all liens, and not subject to any preemptive rightsnon-assessable.

Issuance of the Common Shares. The issuance of the Common Shares, and each component or underlying security, are Shares is duly authorized and, when issued by the Company and paid for in accordance with this Subscription Agreement, will be the Common Shares are duly and validly issued, fully paid and nonassessablenon-assessable, free and clear of from all taxes, liens, charges and not subject to any preemptive rightsother encumbrances imposed by the Company other than restrictions on transfer provided for in such documents.

Issuance of the Common Shares. The purchased Common Shares, and each component or underlying security, are Shares have been duly authorized for issuance and sale by all necessary action by the Company and its stockholders and, when issued issued, delivered and paid for in accordance with this Subscription Agreement, will be duly and validly issued, fully paid and nonassessable, free and clear of all liens, Liens and shall not be subject to any preemptive rightsor similar rights of stockholders.

Issuance of the Common Shares. The Common Shares, and each component or underlying security, are Shares have been duly authorized and, when issued and paid for in accordance with this Subscription Agreementthe Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all liens, and not subject Liens. The Company has reserved from its duly authorized capital stock the shares of Common Shares issuable pursuant to any preemptive rightsthis Agreement.

Issuance of the Common Shares. The Common Shares, and each component or underlying security, are Shares have been duly authorized and, when issued and paid for in accordance with this Subscription Agreementthe Transaction Documents, will be duly and validly issued, fully paid and nonassessablenon-assessable, free and clear of all liens, and Liens. The issuance of the Common Shares is not subject to any preemptive rightsor similar right to subscribe for or purchase securities.