Common use of Authority; No Other Action Clause in Contracts

Authority; No Other Action. (a) The execution, delivery and performance of this Agreement, the Warrant Agreement, the Warrant Registration Rights Agreement and the Preferred Stock Registration Rights Agreement are within its powers and have been duly authorized on its part by all requisite corporate action. (b) No action by or in respect of, or filing with, any governmental authority, agency or official is required for the execution, delivery and performance by the Purchaser of this Agreement, the Warrant Agreement, the Warrant Registration Rights Agreement or the Preferred Stock Registration Rights Agreement.

Authority; No Other Action. (a) The execution, delivery and performance of this Agreement, the Warrant Agreement, the Warrant Registration Rights Agreement and the Preferred Stock Warrant Registration Rights Agreement are within its powers and have been duly authorized on its part by all requisite corporate action. (b) No action by or in respect of, or filing with, any governmental authority, agency or official is required for the execution, delivery and performance by the such Purchaser of this Agreement, the Warrant Agreement, Agreement or the Warrant Registration Rights Agreement or the Preferred Stock Registration Rights Agreement.