Corporate Action Regarding Par Value of Common Stock. The Company agrees that all shares of Common Stock which may be issued upon conversion of the Securities will, upon issuance, have been duly authorized and validly issued and will be fully paid and nonassessable and, except as provided in Section 14.08, the Company will pay all taxes, liens and charges with respect to the issue thereof.
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Sources: Indenture (Hanover Compressor Co /), Indenture (Hanover Compressor Co /)