Common use of Certain Other Covenants Clause in Contracts

Certain Other Covenants. The Guarantor covenants that all Common Shares that may be issued upon exchange of Securities shall be newly issued shares or treasury shares, shall be duly authorized, validly issued, fully paid and non-assessable and shall be free from preemptive rights and free from any tax, lien or charge (other than those created by the Holder or due to a change in registered owner). The Guarantor shall list or cause to have quoted any Common Shares to be issued upon exchange of Securities on each national securities exchange or over-the-counter or other domestic market on which the Common Shares are then listed or quoted.

Appears in 3 contracts

Samples: PennyMac Mortgage Investment Trust, PennyMac Mortgage Investment Trust, First Supplemental Indenture (PennyMac Mortgage Investment Trust)

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Certain Other Covenants. The Guarantor covenants that all Common Shares that may be issued upon exchange of Securities shall be newly issued shares or treasury shares, shall be duly authorized, validly issued, fully paid and non-assessable non‑assessable and shall be free from preemptive rights and free from any tax, lien or charge (other than those created by the Holder or due to a change in registered owner). The Guarantor shall list or cause to have quoted any Common Shares to be issued upon exchange of Securities on each national securities exchange or over-the-counter over‑the‑counter or other domestic market on which the Common Shares are then listed or quoted.

Appears in 1 contract

Samples: Supplemental Indenture (PennyMac Mortgage Investment Trust)

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