Common use of Valid Issuance of the Class A Common Stock Clause in Contracts

Valid Issuance of the Class A Common Stock. The Firm Securities and the Optional Securities, as the case may be, when issued and delivered to the Underwriters against payment therefor by the Company pursuant to this Agreement, have been validly issued and are fully paid and nonassessable.

Valid Issuance of the Class A Common Stock. The Firm Securities and the Optional Securities, as the case may be, when issued and delivered to the Underwriters against payment therefor by the Company only after receipt of payment therefor pursuant to and in compliance with this AgreementAgreement and the Final Prospectus, have been will be validly issued and are issued, fully paid and nonassessable.

Valid Issuance of the Class A Common Stock. The Firm Securities and the Optional Securities, as the case may be, when issued and delivered to the Underwriters against payment therefor by the Company pursuant to this Agreement, have been validly issued and are issued, fully paid and nonassessable.