Common use of Valid Issuance of the Shares Clause in Contracts

Valid Issuance of the Shares. The Shares have been duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company pursuant to this Agreement against payment of the consideration set forth herein or in the applicable Terms Agreement, will be validly issued, fully paid and non-assessable, and conform to the description thereof contained in the Prospectus.

Valid Issuance of the Shares. The Shares have been are duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company pursuant to in accordance with this Agreement against payment of the consideration set forth herein or in the applicable Terms Agreement, will be duly and validly issued, fully paid and non-assessablenonassessable, free and conform clear of all liens and shall not be subject to the description thereof contained in the Prospectuspreemptive or similar rights of stockholders.

Valid Issuance of the Shares. The Shares have been are duly authorized for issuance authorized, and sale pursuant to this Agreement and, when issued and delivered paid for by the Company pursuant to Investor in accordance with the terms of this Agreement against payment of the consideration set forth herein or in the applicable Terms Agreement, will be validly issued, fully paid and non-assessable, and conform to the description thereof contained in the Prospectus.

Valid Issuance of the Shares. The Shares have been are duly and validly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company paid for pursuant to this Agreement against payment of the consideration set forth herein or in the applicable Terms Agreement, will be validly issued, fully paid and non-assessable, and conform to shall be free and clear of all encumbrances and restrictions (other than those created by the description thereof contained Investor), except for restrictions on transfer set forth in the Prospectusthis Agreement or imposed by applicable securities laws.

Valid Issuance of the Shares. The Shares to be sold to the Purchasers pursuant to the terms of this Agreement have been duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company pursuant to this Agreement against payment of the consideration set forth herein or in the applicable Terms Agreement, will be are validly issued, fully paid and non-assessable, and conform to the description thereof contained in the Prospectusnonassessable.