Common use of Available Shares Clause in Contracts

Available Shares. The Company shall at all times keep authorized and available for issuance, free of preemptive rights, the Required Minimum of shares of Common Stock. If the Company determines at any time that it does not have a sufficient number of authorized shares of Common Stock to keep available for issuance as described in this Section 5.5, the Company shall use all commercially reasonable efforts to increase the number of authorized shares of Common Stock by seeking approval from its shareholders for the authorization of such additional shares.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Cyber App Solutions Corp.), Securities Purchase Agreement (Phoenix Motor Inc.), Securities Purchase Agreement (Phoenix Motor Inc.)

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Available Shares. The Company shall at all times keep authorized and available for issuance, free of preemptive rights, the Required Minimum of shares of Common Stock. If the Company determines at any time that it does not have a sufficient number of authorized shares of Common Stock to keep available for issuance as described in this Section 5.5, the Company shall use all commercially reasonable efforts to increase the number of authorized shares of Common Stock by seeking approval from its shareholders for the authorization of such additional shares.

Appears in 2 contracts

Samples: Securities Purchase Agreement (OneMedNet Corp), Securities Purchase Agreement (OneMedNet Corp)

Available Shares. The Company shall at all times keep authorized and available for issuance, free of preemptive rights, the Required Minimum of shares of Common StockOrdinary Shares. If the Company determines at any time that it does not have a sufficient number of authorized shares of Common Stock Ordinary Shares to keep available for issuance as described in this Section 5.55.4, the Company shall use all commercially reasonable efforts to increase the number of authorized shares of Common Stock Ordinary Shares by seeking approval from its shareholders for the authorization of such additional shares.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Crown LNG Holdings LTD), Securities Purchase Agreement (Catcha Investment Corp)

Available Shares. The Company shall at all times keep authorized and reserved and available for issuance, free of preemptive pre-emptive rights, the Required Minimum of shares of Common StockOrdinary Shares. If the Company determines at any time that it does not have a sufficient number of authorized shares of Common Stock Ordinary Shares to reserve and keep available for issuance as described in this Section 5.56.08, the Company shall use all commercially reasonable efforts to increase the number of authorized shares of Common Stock Ordinary Shares by seeking approval from its shareholders for the authorization of such additional shares.

Appears in 2 contracts

Samples: Securities Purchase Agreement (REE Automotive Ltd.), Securities Purchase Agreement (REE Automotive Ltd.)

Available Shares. The Company shall at all times keep authorized and reserved and available for issuance, free of preemptive rights, the Required Minimum of shares of Common StockOrdinary Shares. If the Company determines at any time that it does not have a sufficient number of authorized shares of Common Stock Ordinary Shares to reserve and keep available for issuance as described in this Section 5.5, the Company shall use all commercially reasonable efforts to increase the number of authorized shares of Common Stock Ordinary Shares by seeking approval from its shareholders for the authorization of such additional shares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Indonesia Energy Corp LTD)

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Available Shares. The Company shall at all times keep authorized and available for issuance, free of preemptive rights, the Required Minimum of shares of Common StockOrdinary Shares. If the Company determines at any time that it does not have a sufficient number of authorized shares of Common Stock Ordinary Shares to keep available for issuance as described in this Section 5.5, the Company shall use all commercially reasonable efforts to increase the number of authorized shares of Common Stock Ordinary Shares by seeking approval from its shareholders for the authorization of such additional shares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Freight Technologies, Inc.)

Available Shares. The Company shall at all times keep authorized and available for issuance, free of preemptive rights, the Required Minimum of shares of Common StockWarrant Shares and Pre-Funded Warrant Shares. If the Company determines at any time that it does not have a sufficient number of authorized shares of Common Stock to keep available for issuance as described the exercise of the Warrant Shares and Pre-Funded Warrants in this Section 5.5full, the Company shall use all commercially reasonable efforts to increase the number of authorized shares of Common Stock by seeking approval from its shareholders for the authorization of such additional shares.

Appears in 1 contract

Samples: Securities Purchase Agreement (OneMedNet Corp)

Available Shares. The Company shall at all times keep authorized and available for issuance, free of preemptive rights, the Required Minimum of shares of Common Stock. If the Company determines at any time that it does not have a sufficient number of authorized shares of Common Stock to keep available for issuance as described in this Section 5.55.4, the Company shall use all commercially reasonable efforts to increase the number of authorized shares of Common Stock by seeking approval from its shareholders for the authorization of such additional shares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Nature's Miracle Holding Inc.)

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