Common use of Sufficient Shares Clause in Contracts

Sufficient Shares. The Company has authorized sufficient shares of Common Stock to fulfill the Company's obligations under this Warrant and all of the other warrants, options and convertible securities issued by the Company. On exercise of this Warrant and satisfaction of the Exercise Price, the Warrant Shares issued to the Holder will be validly issued, fully paid, non-assessable and free and clear of all liens, claims and encumbrances, except as may be imposed by the Pledge and Security Agreement dated as of the date hereof, or any liens, claims, or encumbrances permitted by or imposed by the Holder.

Sufficient Shares. The Company has authorized sufficient shares of Common Stock to fulfill the Company's ’s obligations under this Warrant and all of the other warrants, options and convertible securities issued by the Company. On exercise of this Warrant and satisfaction of the Exercise Price, the Warrant Shares issued to the Holder will be validly issued, fully paid, non-assessable and free and clear of all liens, claims and encumbrances, except as may be imposed by the Pledge and Security Agreement dated as of the date hereof, or any liens, claims, or encumbrances permitted by or imposed by the Holder.

Sufficient Shares. The Company has authorized sufficient shares of Common Stock to fulfill the Company's obligations under this Warrant and all of the other warrants, options and convertible securities issued by the Company. On exercise of this Warrant and satisfaction of the Exercise Price, the Warrant Shares issued to the Holder will be validly issued, fully paid, non-assessable and free and clear of all liens, claims and encumbrances, except as may be imposed by the Pledge and Security Agreement dated as of the date hereof, or any liens, claims, claims or encumbrances permitted by or imposed by the Holder.