Common use of Stock Fully Paid; Reservation of Shares Clause in Contracts

Stock Fully Paid; Reservation of Shares. All of the Shares issuable upon the exercise of this Warrant will, upon issuance and receipt of the Exercise Price therefor, be duly authorized, validly issued, fully paid and nonassessable with no personal liability attaching to the ownership thereof, and free and clear of all taxes, liens, encumbrances and charges with respect to the issue thereof. During the period within which this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance sufficient shares of its Preferred Stock to provide for the exercise of this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Shares issuable upon the exercise of this Warrant will, upon issuance and receipt of the Exercise Price therefor, be duly authorized, validly issued, fully paid and nonassessable with no personal liability attaching to the ownership thereof, and free and clear of all taxes, liens, encumbrances and charges with respect to the issue thereofnonassessable. During the period within which this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance sufficient shares of its Preferred Common Stock to provide for the exercise of this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Shares issuable upon the exercise of this Warrant will, upon issuance and receipt of the Exercise Price therefor, be duly authorized, validly issued, fully paid and nonassessable with no personal liability attaching to the ownership thereofnonassessable, and free and clear of from all taxes, liens, encumbrances liens and charges with respect to the issue issuance thereof. During the period within which this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance sufficient shares of its Preferred Common Stock to provide for the full exercise of this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Shares issuable upon the exercise of this Warrant will, upon issuance and receipt of the Exercise Price therefortherefor in cash, or in accordance with the net-issue exercise procedure set forth in Section 1(b) be duly authorized, validly issued, fully paid and nonassessable with no personal liability attaching to the ownership thereofnon-assessable, and free and clear of from all taxes, liens, encumbrances liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance sufficient shares of its Preferred Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Shares issuable upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Exercise Price therefor, be duly authorized, validly issued, fully paid and nonassessable with no personal liability attaching to the ownership thereofnonassessable, and free and clear from all preemptive rights, rights of all first refusal or first offer, taxes, liens, encumbrances liens and charges with respect to the issue issuance thereof. During the period within which such time as this Warrant may be exercisedremains outstanding and exercisable, the Company shall at all times have authorized and reserved for issuance sufficient shares of its Preferred Stock to provide Ordinary Shares for the issuance upon exercise in full of this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Shares Preferred Stock issuable upon the exercise of this Warrant willWarrant, upon issuance and receipt by the Company of the Exercise Price therefortherefor (or upon Net Exercise thereof, as provided in Section 1(c)), shall be duly authorized, validly issued, fully paid and nonassessable with no personal liability attaching to the ownership thereofnonassessable, and free and clear from all preemptive rights, rights of all first refusal or first offer, taxes, liens, encumbrances liens and charges with respect to the issue issuance thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance a sufficient number of shares of its Preferred Stock to provide for the exercise of this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Shares issuable that may be issued upon the exercise of this Warrant willWarrant, when issued upon issuance and receipt of exercise in accordance with the Exercise Price thereforterms hereof, will be duly authorized, and validly issued, fully paid and nonassessable with no personal liability attaching to the ownership thereofnonassessable, and free and clear will not be issued in violation of all taxes, liens, encumbrances and charges with respect to the issue thereofany preemptive or similar rights. During the period within which this Warrant may be exercised, the Company shall will at all times have authorized and reserved for issuance the purpose of the issue upon the exercise of the purchase rights evidenced by this Warrant a sufficient number of shares of its Preferred Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Shares issuable upon the exercise of this Warrant will, upon issuance and receipt of the Exercise Price therefor, be duly authorized, validly issued, fully paid and nonassessable with no personal liability attaching to the ownership thereof, and free and clear of all taxes, liens, encumbrances and charges with respect to the issue thereofnonassessable. During the period within which this Warrant may be maybe exercised, the Company shall at all times have authorized and reserved for issuance sufficient shares of its Preferred Common Stock to provide for the exercise of this Warrant.