Common use of Covenant as to Common Stock Clause in Contracts

Covenant as to Common Stock. The Issuer covenants that all shares of Common Stock which may be issued upon conversion of Securities will upon issue be fully paid and nonassessable.

Covenant as to Common Stock. The Issuer covenants that all shares of Common Stock which may be issued upon conversion of Securities will upon issue be fully paid and nonassessablenonassessable and, except as provided in Section 14.9, the Issuer will pay all taxes, liens and charges with respect to the issue thereof.