Common use of Reservation and Issuance of Underlying Securities Clause in Contracts

Reservation and Issuance of Underlying Securities. The Company covenants that it will at all times reserve from its authorized and unissued Common Stock a sufficient number of shares solely for the purpose of issuance upon conversion in full of this Note, free from preemptive rights or any other actual contingent purchase rights of persons other than the Holder. The Company represents, warrants and covenants that all shares of Common Stock that shall be so issuable shall, upon issue, be duly authorized, validly issued, fully paid, and nonassessable.

Reservation and Issuance of Underlying Securities. The Company covenants that it will at all times reserve from and keep available out of its authorized and unissued Common Stock a sufficient number of shares solely for the purpose of issuance upon conversion in full of this NoteNote (including repayments in stock), free from preemptive rights or any other actual contingent purchase rights of persons other than the Holderholders of the Notes, not less than the Maximum Common Stock Issuance (as defined below). The Company represents, warrants and covenants that all shares of Common Stock that shall be so issuable shall, upon issue, be duly authorized, validly issued, fully paid, nonassessable and nonassessablefreely tradeable.

Reservation and Issuance of Underlying Securities. The Company covenants that it will at all times reserve from and keep available out of its authorized and unissued Common Stock a sufficient number of shares solely for the purpose of issuance upon conversion in full of this Note, free from preemptive rights or any other actual contingent purchase rights of persons other than the Holderholders of the Notes, such number of shares of Common Stock as shall be issuable hereunder. The Company represents, warrants and covenants that all shares of Common Stock that shall be so issuable shall, upon issue, be duly authorized, validly issued, fully paid, and nonassessable.