Common use of Valid Issuance of the Purchased Shares Clause in Contracts

Valid Issuance of the Purchased Shares. The Purchased Shares, when issued in accordance with the terms and conditions of this Agreement and sold against receipt of consideration therefor, will be validly issued, fully paid and nonassessable, free and clear of any and all Liens (other than any applicable transfer or voting restrictions arising under applicable securities Laws or the Investor Rights Agreement).

Valid Issuance of the Purchased Shares. The Purchased Shares, when issued in accordance with the terms and conditions of this Agreement and sold against receipt of consideration therefor, will be validly issued, fully paid and nonassessablenon-assessable, free and clear of any and all Liens (other than any applicable transfer or voting restrictions arising under applicable securities Laws or Liens set forth in the Investor Rights AgreementAgreement and applicable federal and securities laws).

Valid Issuance of the Purchased Shares. The Purchased Shares, Shares have been duly authorized and when issued in accordance with the terms and conditions of this Agreement and sold against receipt of consideration therefor, will be validly issued, fully paid and nonassessablenon-assessable, free and clear of any and all Liens (other than any applicable Liens, and will transfer or voting restrictions arising under applicable securities Laws or to the Investor Rights Agreement)good and valid tile of the Purchased Shares, free and clear of any and all Liens.

Valid Issuance of the Purchased Shares. The Purchased Shares, when issued in accordance with the terms and conditions of this Agreement and sold against receipt of consideration therefor, will be validly issued, fully paid and nonassessable, free and clear of any and all Liens (other than any applicable transfer or voting restrictions arising under applicable securities Laws or Liens set forth in the Investor Rights AgreementAgreement and applicable federal and securities laws).