Common use of Valid Issuance of Stock Clause in Contracts

Valid Issuance of Stock. The Conversion Shares to be issued, sold and delivered upon conversion of this Note will be duly authorized and validly issued, fully paid and nonassessable, and based in part upon the representations and warranties of the Holder in this Note, will be issued in compliance with all applicable U.S. federal and state regulations.

Valid Issuance of Stock. The Conversion Shares to be issued, sold and delivered upon conversion of this Note the Notes will be duly authorized and validly issued, fully paid and nonassessablenonassessable and, and based in part upon the representations and warranties of the Holder Lenders in this NoteAgreement, will be issued in compliance with all applicable U.S. federal and state regulationssecurities laws.

Valid Issuance of Stock. The Conversion Shares to be issued, sold and delivered upon conversion of this Note the Notes will be duly authorized and validly issued, fully paid and nonassessablenonassessable and, and based in part upon the representations and warranties of the Holder Lenders in this NoteAgreement, will be issued in compliance with all applicable U.S. federal and state regulationssecurities laws. The Company has authorized sufficient shares of Common Stock to allow for conversion of the Notes as described in Section 2.2.

Valid Issuance of Stock. The Conversion Shares to be issued, sold and delivered upon conversion of this Note will the Notes shall be duly authorized and validly issued, fully paid and nonassessablenonassessable and, subject to the truth and based in part upon correctness of the representations and warranties of the Holder Lenders in this NoteSection 5, will shall be issued in compliance with all applicable U.S. federal and state regulationssecurities laws.

Valid Issuance of Stock. The Conversion Shares to be issued, sold and delivered upon conversion in accordance with the terms of this Note the Warrants will be duly authorized and validly issued, fully paid and nonassessablenonassessable and, and based in part upon the representations and warranties of the Holder Lenders in this NoteAgreement, will be issued in compliance with all applicable U.S. federal and state regulationssecurities laws.

Valid Issuance of Stock. The Conversion Shares to be issued, sold and delivered upon conversion of this Note the Debentures, in whole or in part, will be duly authorized and validly issued, fully paid and nonassessablenonassessable and, and based in part upon the representations and warranties of the Holder Lender in this NoteAgreement, will be issued in compliance with all applicable U.S. federal and state regulationssecurities laws.

Valid Issuance of Stock. The Conversion Shares to be Shares, when issued, sold and delivered upon conversion of this Note NOTE, will be duly authorized and validly issued, fully paid and nonassessable, will be free of restrictions on transfer other than restrictions on transfer set forth herein and pursuant to applicable state and federal securities laws and, based in part upon the representations and warranties of the Holder in this NoteInvestor herein, will be issued in compliance with all applicable U.S. federal and state regulationssecurities laws.

Valid Issuance of Stock. The Conversion Shares to be issued, sold and delivered upon conversion of this Note the Notes will be duly authorized and validly issued, fully paid and nonassessablenon-assessable and, and based in part upon the representations and warranties of the Holder Lenders in this NoteAgreement, will be issued in compliance with all applicable U.S. federal and state regulationssecurities laws.