Common use of The Underlying Securities Clause in Contracts

The Underlying Securities. The Underlying Securities issuable upon conversion of the Securities have been duly authorized and reserved and, when issued upon conversion of the Securities in accordance with the terms of the Securities, will be validly issued, fully paid and nonassessable, and the issuance of the Underlying Securities will not be subject to any preemptive or similar rights.

The Underlying Securities. The Underlying Securities issuable upon conversion of the Securities have been duly authorized and reserved and, when issued upon conversion of the Securities in accordance with the terms of the Securities, will be (i) validly issued, fully paid and nonassessable, and the issuance of the Underlying Securities will (ii) not be subject to any preemptive right, resale right, right of first refusal or similar rightsright, (iii) fully paid and nonassessable and (iv) will conform to the description thereof in the Time of Sale Memorandum and the Final Memorandum.

The Underlying Securities. The Underlying Securities issuable upon conversion of the Securities have been duly authorized and reserved and, when issued upon conversion of the Securities in accordance with the terms of the Securities, will be duly and validly issued, will be fully paid and nonassessablenon-assessable and will conform to the descriptions thereof in the Registration Statement, the Pricing Disclosure Package and the Prospectus; and the issuance of the Underlying Securities will not be subject to any preemptive or similar rights.

The Underlying Securities. The Underlying Securities issuable reserved for issuance upon conversion of the Securities have been duly authorized and reserved and, if and when issued upon conversion of the Securities in accordance with the terms of the Securities, will be validly issued, fully paid and nonassessable, non assessable and conform in all material respects to the descriptions thereof contained in the Time of Sale Prospectus; and the issuance of the Underlying Securities will not be subject to any preemptive or similar rights.