Common use of Issuance of Conversion Shares and Warrant Shares Clause in Contracts

Issuance of Conversion Shares and Warrant Shares. The Conversion Shares and Warrant Shares are duly authorized and reserved for issuance and, upon conversion of the Note in accordance with its terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Issuance of Conversion Shares and Warrant Shares. The issuance of the Conversion Shares and Warrant Shares are shall be duly authorized authorized, and reserved for issuance and, upon conversion of the Note when issued in accordance with its termsthe Certificate of Designations or Warrants, as applicable, the Conversion Shares and Warrant Shares will be validly issued, fully paid and non-assessable, assessable and free from of all taxes, liens, claims charges and encumbrances preemptive rights with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Issuance of Conversion Shares and Warrant Shares. The Conversion Shares and Warrant Shares are duly authorized and reserved for issuance and, upon conversion of the Note and/or exercise of the Warrants in accordance with its their respective terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Issuance of Conversion Shares and Warrant Shares. The Conversion Shares and Warrant Shares are duly authorized and reserved for issuance and, upon conversion of the Note and/or exercise of the Warrant in accordance with its terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

Issuance of Conversion Shares and Warrant Shares. The issuance of the Conversion Shares and Warrant Shares are shall be duly authorized authorized, and reserved for issuance and, upon conversion of the Note when issued in accordance with its termsthe Certificate of Designation or Warrants, the Conversion Shares and Warrant Shares will be validly issued, fully paid and non-assessable, assessable and free from of all taxes, liens, claims charges and encumbrances preemptive rights with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.