Common use of Warrant Stock Clause in Contracts

Warrant Stock. All of the shares of Common Stock issuable upon exercise of this Warrant have been duly authorized and reserved for issuance and, upon payment thereon and issuance thereof in accordance with the terms of this Warrant, will be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and other charges with respect to the issue thereof. The Company further warrants 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 shares of Common Stock to provide for the exercise of this Warrant.

Warrant Stock. All of the shares of Common Stock issuable upon ------------- exercise of this Warrant have been duly authorized and reserved for issuance and, upon payment thereon and issuance thereof in accordance with the terms of this Warrant, will be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and other charges with respect to the issue thereof. The Company further warrants 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 shares of Common Stock to provide for the exercise of this Warrant.