Common use of Covenant as to Common Stock Clause in Contracts

Covenant as to Common Stock. The Company agrees that all shares of Common Stock which may be delivered upon conversion of Securities, upon such delivery, will be newly issued shares and will have been duly authorized and validly issued and will be fully paid and nonassessable and, except as provided in SECTION 11.8, the Company will pay all taxes, liens and charges with respect to the issue thereof.

Covenant as to Common Stock. The Company agrees that all shares of Common Stock which may be delivered upon conversion of SecuritiesNotes, upon such delivery, will be newly issued shares and will have been duly authorized and validly issued and will be fully paid and nonassessable and, except as provided in SECTION Section 11.8, the Company will pay all taxes, liens and charges with respect to the issue thereof.

Covenant as to Common Stock. The Company agrees that all shares of Common Stock which may be delivered upon conversion of Securities, upon such delivery, will be newly issued shares and will have been duly authorized and validly issued and will be fully paid and nonassessable and, except as provided in SECTION 11.8, the Company will pay all taxes, liens and charges with respect to the issue thereof.

Covenant as to Common Stock. The Company agrees that all shares of Common Stock which may be delivered upon conversion of SecuritiesSecurities will be newly issued shares and, upon such delivery, will be newly issued shares and will have been duly authorized and validly issued and will be fully paid and nonassessable and, except as provided in SECTION 11.8Section 1308, the Company will pay all taxes, liens and charges with respect to the issue thereof.