Common use of Fully Paid Shares Clause in Contracts

Fully Paid Shares. The Company covenants and agrees that the Warrant Shares which may be issued on the exercise of the rights represented by this Warrant will be, when issued, fully paid and nonassessable and free from all taxes, liens, and charges with respect to the issue thereof. The Company further covenants and agrees that during the period within which the rights represented by this Warrant may be exercised, the Company will have authorized and reserved a sufficient number of shares of common stock to provide for the exercise of the rights represented by this Warrant.

Fully Paid Shares. The Company covenants and agrees that the Warrant Shares which may be issued on the exercise of the rights represented by this Warrant will bewill, when issuedon issuance, be fully paid and nonassessable nonassessable, and free from form all taxes, liens, and charges with respect to the issue thereof. The Company further covenants and agrees that during the period within which the rights represented by this Warrant may be exercised, the Company will have authorized and reserved a sufficient number of shares of common stock to provide for the exercise of the rights represented by this Warrant.

Fully Paid Shares. The Company covenants and agrees that the Warrant Shares which may be issued on the exercise of the rights represented by this Warrant will bewill, when issuedon issuance, be fully paid and nonassessable nonassessable, and free from all taxes, liens, and charges with respect to the issue thereof. The Company further covenants and agrees that during the period within which the rights represented by this Warrant may be exercised, the Company will have authorized and reserved a sufficient number of shares of common stock to provide for the exercise of the rights represented by this Warrant.

Fully Paid Shares. The Company covenants and agrees that the Warrant Shares of Common Stock which may be issued on the exercise of the rights represented by this Warrant will bewill, when issuedon issuance pursuant to the terms of this Warrant, be fully paid and nonassessable nonassessable, and free from all taxes, liens, and charges with respect to the issue thereof. The Company further covenants and agrees that during the period within which the rights represented by this Warrant may be exercised, the Company will have authorized and reserved a sufficient number of shares Shares of common stock Common Stock to provide for the exercise of the rights represented by this Warrant.