Common use of Offered Securities Clause in Contracts

Offered Securities. The Offered Securities and all other outstanding shares in the capital of the Company have been duly authorized; the authorized share capital of the Company is as set forth in the General Disclosure Package; all issued and outstanding shares of the Company are validly issued, fully paid and nonassessable, will conform to the information in the General Disclosure Package and to the description of such Offered Securities contained in the Final Prospectus; the shareholders of the Company have no preemptive rights with respect to the Securities; and none of the issued and outstanding shares of the Company have been issued in violation of any preemptive or similar rights of any security holder.

Offered Securities. The Offered Securities and all other outstanding shares in the of capital stock of the Company have been duly authorized; the authorized share capital equity capitalization of the Company is as set forth disclosed in the General Disclosure Package; all issued and outstanding shares of capital stock of the Company Company, including the Offered Securities, are validly issuedissued (except for those shares issued as disclosed in the last paragraph of Part II, Item 15 of the Initial Registration Statement in effect on the date hereof), fully paid and nonassessable, will conform to the information in the General Disclosure Package and to the description of such Offered Securities contained in the Final Prospectus; the shareholders stockholders of the Company have no preemptive rights with respect to the Offered Securities; and none of the issued and outstanding shares of capital stock of the Company have has been issued in violation of any preemptive or similar rights of any security holder.

Offered Securities. The Offered Securities and all other outstanding shares in the of capital stock of the Company have been duly authorizedauthorized and validly issued and are fully paid and nonassessable; the authorized share capital equity capitalization of the Company is as set forth in the General Disclosure Package; all issued and outstanding shares of the Company are validly issued, fully paid and nonassessable, will Offered Securities conform to the information in the General Disclosure Package and to the description of such Offered Securities contained in the Final Prospectus; the shareholders stockholders of the Company have no preemptive rights with respect to the Securities; and none of the issued and outstanding shares of capital stock of the Company have been issued in violation of any preemptive or similar rights of any security holder.