Common use of Authorization of the Conversion Shares Clause in Contracts

Authorization of the Conversion Shares. The shares of Common Stock initially issuable upon conversion of the Debentures have been duly authorized and reserved and, when issued upon conversion of the Debentures in accordance with the terms of the Debentures, will be validly issued, fully paid and nonassessable, and the issuance of such shares will not be subject to any preemptive or similar rights.

Appears in 2 contracts

Samples: Underwriting Agreement (St Jude Medical Inc), Underwriting Agreement (St Jude Medical Inc)

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Authorization of the Conversion Shares. The shares of Common Stock initially issuable upon conversion of the Debentures have been duly authorized and reserved and, when issued upon conversion of the Debentures in accordance with the terms of the DebenturesDebentures and the Indenture, will be validly issued, fully paid and nonassessablenon-assessable, and the issuance of such shares will not be subject to any preemptive or similar rights.

Appears in 2 contracts

Samples: Labone Inc/, Purchase Agreement (Financial Federal Corp)

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Authorization of the Conversion Shares. The shares of Common Stock initially issuable upon conversion of the Debentures have been duly authorized and reserved and, when issued upon conversion of the Debentures in accordance with the terms of the Debentures, will be validly issued, fully paid and nonassessablenon-assessable, and the issuance of such shares will not be subject to any preemptive or similar rights.

Appears in 1 contract

Samples: Purchase Agreement (Bearingpoint Inc)

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