Common use of Issuance of the Purchase Shares Clause in Contracts

Issuance of the Purchase Shares. The Purchase Shares are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents.

Issuance of the Purchase Shares. The Purchase Shares are have been duly authorized and, when issued and paid for upon issuance in accordance with the applicable Transaction Documentsterms hereof, will the Purchase Shares shall be duly and (i) validly issued, fully paid and nonassessablenon-assessable and (ii) free from all taxes, free liens and clear charges with respect to the issuance thereof, with the holders being entitled to all rights accorded to a holder of all liens imposed by the Company other than restrictions on transfer provided for in the Transaction DocumentsCommon Stock.