Common use of Authorization of Securities Clause in Contracts

Authorization of Securities. The Securities have been duly authorized and, when issued and duly delivered against payment therefor as contemplated by this Agreement, will be validly issued, fully paid and non-assessable and the sale of the Securities by the Company is not subject to preemptive, right of first refusal or other similar rights.

Authorization of Securities. The issuance of the Securities have has been duly and validly authorized and, when by the Company. When issued and duly delivered against payment therefor as contemplated by in accordance with this Agreement, the Securities will be validly issued, fully paid and non-assessable and the sale none of the Securities by the Company is not subject to preemptive, right will have been issued in violation of first refusal preemptive or other similar rightsrights of any securityholder of the Company, and will conform to the descriptions thereof in the Registration Statement and the Prospectus.

Authorization of Securities. The Securities have been duly authorized by all necessary corporate action and, when paid for or issued and duly delivered against payment therefor as contemplated by this Agreementin accordance with the terms hereof, will the Securities shall be validly issued, fully paid and non-assessable assessable, free and the sale clear of the Securities by the Company is not subject to preemptiveall liens, right encumbrances and rights of first refusal or other similar rightsof any kind.

Authorization of Securities. The Securities to be issued and sold by the Company hereunder have been duly authorized and, when issued and duly delivered against payment therefor and paid for as contemplated by this Agreementprovided herein, will be validly issued, fully paid and non-assessable nonassessable and will conform to the descriptions thereof in the Registration Statement, the Disclosure Package and the sale Prospectus; and the issuance of the Securities by the Company is not subject to preemptive, right of first refusal any preemptive or other similar rights.

Authorization of Securities. The Securities have been duly authorized and, and when issued and duly delivered against payment of the purchase price therefor as contemplated by provided in this Agreement, will be validly issued, fully paid and non-assessable nonassessable and the sale free of the Securities by the Company is not subject to preemptive, right of first refusal any preemptive or other similar rights.

Authorization of Securities. The Securities issuance, sale and delivery of the Securities, the Investor Warrants and the Financing Warrants have been duly authorized by all requisite corporate action of the Company and, when issued so issued, paid for and duly delivered against payment therefor as contemplated by this Agreementdelivered, will be validly issued, fully paid and non-assessable and the sale will not be subject to preemptive or any other similar rights of the Securities by shareholders of the Company is or others which rights shall not subject have been waived prior to preemptive, right of first refusal or other similar rightsthe Closing.

Authorization of Securities. The Securities to be issued and sold by the Company hereunder have been duly authorized and, and when issued and duly delivered against payment therefor paid for as contemplated by this Agreement, herein will be validly issued, fully paid and non-assessable assessable; and the sale no preemptive rights of stockholders exist with respect to any of the Securities by or the Company is not subject to preemptive, right of first refusal or other similar rightsissue and sale thereof.

Authorization of Securities. The Securities to be issued and sold by the Company hereunder have been duly authorized and, when issued and duly delivered against payment therefor and paid for as contemplated by this Agreementprovided herein, will be validly issued, fully paid and non-assessable nonassessable and will conform to the descriptions thereof in the Registration Statement and the sale Prospectus; and the issuance of the Securities by the Company is not subject to preemptive, right of first refusal any preemptive or other similar rights.

Authorization of Securities. The Securities have been duly authorized and, when issued issued, delivered and duly delivered against payment therefor as contemplated by paid for in accordance with the terms of this Agreement, will be validly issued, fully paid and non-assessable assessable, and the sale issuance of the such Securities by the Company is will not be subject to preemptive, right of first refusal any preemptive or other similar rights.