Common use of Authorization and Reservation of Shares Clause in Contracts

Authorization and Reservation of Shares. The Company shall have authorized by all necessary corporate action and reserved for issuance a sufficient number of Common Shares for the purpose of enabling the Company to satisfy any obligation to issue Common Shares pursuant to any Put;

Appears in 19 contracts

Samples: Investment Agreement (Li3 Energy, Inc.), Investment Agreement (Blue Sphere Corp.), Investment Agreement (Dynamic Ventures Corp.)

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Authorization and Reservation of Shares. The Company shall at all times have authorized by all necessary corporate action and reserved for issuance a sufficient number of shares of Common Shares Stock to provide for the purpose exercise of enabling the Company to satisfy any obligation to issue Common Shares pursuant to any Put;Warrants.

Appears in 17 contracts

Samples: Securities Issuance Agreement (BTHC X Inc), Registration Rights Agreement (Miscor Group, Ltd.), Securities Purchase Agreement (Applied Digital Solutions Inc)

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