Common use of Validity of Warrant and Issue of Shares Clause in Contracts

Validity of Warrant and Issue of Shares. Assuming the accuracy and completeness of the representations and warranties of the Holder set forth in the Purchase Agreement, the Company represents, warrants, covenants and agrees that all Warrant Shares which may be issued upon the exercise of this Warrant or otherwise hereunder will, when issued in accordance with the terms of this Warrant, be duly authorized and validly issued, fully paid and non-assessable and free from all taxes, liens and charges created by or through the Company. The Company further covenants and agrees that during the period within which this Warrant may be exercised, the Company will at all times have authorized and reserved a sufficient number of Common Stock to provide for the exercise of the rights represented by this Warrant.

Validity of Warrant and Issue of Shares. Assuming the accuracy The Company represents and completeness of the representations warrants that this Warrant has been duly authorized and warranties of the Holder set forth in the Purchase Agreement, the Company represents, warrants, validly issued and covenants and agrees that all Warrant Shares which shares of Common Stock that may be issued upon the exercise of the rights represented by this Warrant or otherwise hereunder willWarrant, when issued in accordance with the terms of this Warrantupon such exercise and provided that any requisite shareholder approval has been obtained, will be duly authorized and authorized, validly issued, fully paid and non-assessable nonassessable and free from all taxes, liens and charges created by or through with respect to the Companyissue thereof. The Company further covenants and agrees that during the period within which the rights represented by this Warrant may be exercised, the Company will at all times have authorized and reserved a sufficient number of shares of Common Stock to provide for the exercise of the rights represented by this Warrant.