Common Stock Reserve. The Corporation shall at all times during the term of this Stock Option Agreement reserve and keep available such number of shares of Common Stock as will be sufficient to satisfy the requirements of this Stock Option Agreement.
Common Stock Reserve. The Company hereby confirms that it previously has authorized and instructed its Transfer Agent and registrar for the Common Stock to create a special account for the reserve of shares of Common Stock to be issued upon exercise of the Warrants, and such reserve account shall be maintained until the earlier of (1) the Expiration Time and (2) the time at which all Warrants have been exercised.
Common Stock Reserve. The Company will reserve and keep available at all times, free of pre-emptive rights, shares of Common Stock for the purpose of enabling the Company to satisfy all obligations to issue the Underlying Securities upon conversion of the Securities. The Company will use its best efforts to list, subject to notice of issuance, the Underlying Securities on the New York Stock Exchange (the “Exchange”).
Common Stock Reserve. Maintain in reserve, at all times that the Warrants are unexercised, authorized, but unissued and unreserved, shares of Common Stock for issuance upon exercise of the Warrants.
Common Stock Reserve. The Warrant Agent is hereby authorized to create a special account for the reserve of shares of Common Stock to be issued upon exercise of the Warrants.
Common Stock Reserve. Maintain in reserve, at all times that the Notes are unpaid, Common Stock for issuance upon conversion of the Notes.
Common Stock Reserve. The Corporation shall at all times reserve and keep available, out of its authorized but unissued Common Stock, solely for the purpose of effecting the conversion of the shares of Class A Convertible Preferred Stock, the full number of shares of Common Stock issuable upon the conversion of all shares of Class A Convertible Preferred Stock from time to time outstanding.
Common Stock Reserve. From the date hereof to the date on which the Purchasers has exercised its rights in full under the Certificate of Designation, the Company shall reserve for issuance to the Purchasers a number of shares of Common Stock at least equal to the number of Underlying Shares.
Common Stock Reserve. To reserve and keep available at all times a sufficient number of shares of Common Stock for the purpose of enabling the Company to issue the Conversion Stock.
Common Stock Reserve. The Company will at all times reserve and keep available, out of its authorized but unissued Common Stock, a number of shares of Common Stock sufficient for the exercise in full of all outstanding Warrants. The Company shall not take any action that would require an adjustment of the Warrant Share Number if as a result thereof the aggregate number of Shares issuable upon exercise of the outstanding Warrants, together with all shares of Common Stock then outstanding and all shares of Common Stock then issuable upon the exercise of, or underlying, all outstanding options, warrants, conversion and other rights (without duplication), would exceed the total number of shares of Common Stock then authorized by its Charter.
