Common use of Issuance of the Shares Clause in Contracts

Issuance of the Shares. The Shares are duly authorized ---------------------- and, when issued and paid for in accordance with the terms hereof, will be legally issued, fully paid and nonassessable, free and clear of all liens and encumbrances. The Shares have been approved for issuance on and by the Nasdaq SmallCap Market (subject to official notice of issuance).

Issuance of the Shares. The Shares are duly ---------------------- authorized ---------------------- and, when issued and paid for in accordance with the terms hereof, will be legally issued, fully paid and nonassessable, free and clear of all liens and encumbrances. The Shares have been approved for issuance on and by the Nasdaq SmallCap Market (subject to official notice of issuance).

Issuance of the Shares. The Shares are duly authorized ---------------------- and, when issued and paid for in accordance with the terms hereof, will be legally issued, fully paid and nonassessable, free and clear of all liens and encumbrancesencumbrances (other than any that are the result of any action or inaction of the Purchasers). The On the Closing Date the Company shall have secured the listing of the Shares have been approved for issuance on and by the Nasdaq SmallCap National Market (subject to official notice of issuance).

Issuance of the Shares. The Shares are duly authorized ---------------------- and, when ---------------------- issued and paid for in accordance with the terms hereof, will be legally issued, fully paid and nonassessable, free and clear of all liens and encumbrancesencumbrances (other than any that are the result of any action or inaction of the Purchaser). The On the Closing Date the Company shall have secured the listing of the Shares have been approved for issuance on and by the Nasdaq SmallCap National Market (subject to official notice of issuance).

Issuance of the Shares. The Shares are duly authorized ---------------------- and, when issued ---------------------- and paid for in accordance with the terms hereof, will be legally issued, fully paid and nonassessable, free and clear of all liens and encumbrancesencumbrances (other than any that are the result of any action or inaction of the Purchaser). The On the Closing Date the Company shall have secured the listing of the Shares have been approved for issuance on and by the Nasdaq SmallCap National Market (subject to official notice of issuance).