Availability of Ordinary Shares. The Company hereby covenants that at all times there shall be made available, free of any liens, for issuance and delivery upon conversion of all the Series A Preferred Shares the maximum number of Ordinary Share or other shares of share capital of the Company as are from time to time reasonably expected to be issuable upon conversion of all the Series A Preferred Shares and, from time to time, will take all steps necessary to increase its authorized share capital to provide for sufficient number of Ordinary Share reasonably expected to be issuable upon conversion of all the Series A Preferred Shares.
Appears in 2 contracts
Samples: Shareholders Agreement, Shareholders Agreement (Newsummit Biopharma Holdings LTD)
Availability of Ordinary Shares. The Company hereby covenants that at all times there shall be made availableavailable in its authorized share capital, free of any liens, for issuance and delivery upon conversion of all the Series A Preferred Shares the maximum such number of Ordinary Share Shares or other shares of share capital of the Company as are from time to time reasonably expected to be issuable upon conversion of all the Series A Preferred Shares and, from time to time, will shall take all steps necessary to increase its authorized share capital to provide for sufficient number of Ordinary Share reasonably expected to be Shares issuable upon conversion of all the Series A Preferred Shares.
Appears in 2 contracts
Samples: Series a Preferred Shares Subscription Agreement (Ninetowns Internet Technology Group Co LTD), Preferred Shares Subscription Agreement (Ninetowns Internet Technology Group Co LTD)
Availability of Ordinary Shares. The Company hereby covenants that at all times there shall be made available, free of any liens, for issuance and delivery upon conversion of all the Series A Preferred A-2 Preference Shares the maximum such number of Class A Ordinary Share Shares or other shares of share capital of the Company as are from time to time reasonably expected to be issuable upon conversion of all the Series A Preferred A-2 Preference Shares and, from time to time, will take all steps necessary to increase its authorized share capital to provide for sufficient number of Class A Ordinary Share reasonably expected to be Shares issuable upon conversion of all the Series A Preferred A-2 Preference Shares.
Appears in 1 contract
Samples: Preference Shares Subscription Agreement (Cloudary Corp.)
Availability of Ordinary Shares. The Company hereby covenants that at all times there shall be made available, free of any liens, for issuance and delivery upon conversion of all the Series A Preferred A-1 Preference Shares the maximum such number of Class A Ordinary Share Shares or other shares of share capital of the Company as are from time to time reasonably expected to be issuable upon conversion of all the Series A Preferred A-1 Preference Shares and, from time to time, will take all steps necessary to increase its authorized share capital to provide for sufficient number of Class A Ordinary Share reasonably expected to be Shares issuable upon conversion of all the Series A Preferred A-1 Preference Shares.
Appears in 1 contract
Samples: Preference Shares Subscription Agreement (Cloudary Corp.)
Availability of Ordinary Shares. The Company hereby covenants that at all times there shall be made available, free of any liens, for issuance and delivery upon conversion of all the Series A Preferred Shares the maximum such number of Ordinary Share Shares or other shares of in the share capital of the Company as are from time to time reasonably expected to be issuable upon conversion of all the Series A Preferred Shares and, from time to time, and will take all steps necessary to increase its authorized share capital to provide for sufficient number of Ordinary Share reasonably expected to be Shares issuable upon conversion of all the Series A Preferred Shares.
Appears in 1 contract
Samples: Share Purchase Agreement (WiMi Hologram Cloud Inc.)