Common use of ISSUE OF PURCHASER SHARES AND VERNALIS SHARES Clause in Contracts

ISSUE OF PURCHASER SHARES AND VERNALIS SHARES. At the time of issue of the Purchaser Shares or Vernalis Shares in accordance with the share provisions attached to the Purchaser Shares and the provisions of this Agreement, such Purchaser Shares and Vernalis Shares, as the case may be, shall be validly issued and fully paid.

ISSUE OF PURCHASER SHARES AND VERNALIS SHARES. At the time of issue of the Purchaser Shares or Vernalis Shares in accordance with the share provisions attached to the Purchaser Shares and the provisions of this AgreementAgreement and the Purchaser Option Agreements, as applicable, such Purchaser Shares and or Vernalis Shares, as the case may be, shall be validly issued and fully paid.

ISSUE OF PURCHASER SHARES AND VERNALIS SHARES. At the time of issue of the Purchaser Shares or Vernalis Shares in accordance with the share provisions attached to the Purchaser Shares and the provisions of this Agreement, such Purchaser Shares and Vernalis Shares, as the case may be, shall be validly issued and fully paidpaid and such Vernalis Shares will be listed for trading on a recognized stock exchange.

ISSUE OF PURCHASER SHARES AND VERNALIS SHARES. At the time of issue of the Purchaser Shares or Vernalis Shares in accordance with the share provisions attached to the Purchaser Shares and the provisions of this AgreementAgreement and the Purchaser Option Agreements, as applicable, such Purchaser Shares and Vernalis Shares, as the case may be, shall be validly issued and fully paid.