Common use of Warrant Stock Clause in Contracts

Warrant Stock. The Company covenants and agrees that all shares delivered upon exercise of the Warrant Certificate will, upon delivery, be duly and validly authorized and issued, fully-paid and non-assessable. In addition, the Company agrees at all times to reserve and keep available an authorized number of its Common Shares sufficient to permit the exercise in full of all outstanding Warrants.

Warrant Stock. The Company covenants and agrees that all shares delivered upon exercise of the Warrant Certificate will, upon delivery, be duly and validly authorized and issued, fully-paid and non-assessable. In addition, the Company agrees at all times to reserve and keep available an authorized number of its Common Shares sufficient to permit the exercise in full of all outstanding Warrants.. 3 4