Common use of Reserved Shares; Valid Issuance Clause in Contracts

Reserved Shares; Valid Issuance. The Company covenants that it will at all times from and after the date hereof reserve and keep available such number of its authorized shares of Common Stock, no par value, of the Company, free from all preemptive or similar rights therein, as will be sufficient to permit the exercise of this Warrant in full. The Company further covenants that such shares as may be issued pursuant to such exercise and/or conversion will, upon issuance, be duly and validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.

Reserved Shares; Valid Issuance. The Company covenants that it will at all times from and after the date hereof reserve and keep available such number of its authorized shares of Common Stock, no par value, of the Company, free from all preemptive or similar rights therein, as will be sufficient to permit the exercise of this Warrant in full. The Company further covenants that that, assuming the receipt by the Company of the consideration therefor, such shares as may be issued pursuant to such the exercise and/or conversion of this Warrant will, upon issuance, be duly and validly issued, fully paid and nonassessable and free from all taxes, liens liens, and charges with respect to the issuance thereof.

Reserved Shares; Valid Issuance. The Company covenants that it will at all times from and after the date hereof reserve and keep available such number of its authorized shares of its Common Stock, no par value, of the Company, Stock free from all preemptive or similar rights therein, as will be sufficient to permit permit, respectively, the exercise of this Warrant in fullfull of all shares of Common Stock of the Company receivable upon such exercise. The Company further covenants that such shares as may be issued pursuant to such exercise and/or and conversion will, upon issuance, be duly and validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.

Reserved Shares; Valid Issuance. The Company covenants that it will at all times from and after the date hereof reserve and keep available such number of its authorized shares of Common Stock, no par value, of the Company, Stock free from all preemptive or similar rights therein, as will be sufficient to permit the exercise of this Warrant in fullfull and the issuance of all shares of Common Stock receivable upon such exercise. The Company further covenants represents that such shares as may be issued pursuant to such exercise and/or conversion will, upon issuance, be duly and validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.

Reserved Shares; Valid Issuance. The Company covenants that it will at all times from and after the date hereof Term Commencement Date reserve and keep available such number of its authorized shares of Common Stock, no par value, of the Company, free from all preemptive or similar rights therein, as will be sufficient to permit the exercise of this Warrant in full. The Company further covenants that such shares as may be issued pursuant to such the exercise and/or conversion of this Warrant will, upon issuance, be duly and validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.