Common use of Common Stock Reserved Clause in Contracts

Common Stock Reserved. The Corporation shall reserve and keep available out of its authorized but unissued Common Stock such number of shares of Common Stock as shall from time to time be sufficient to effect conversion of Preferred Stock. If at any time the number of authorized but unissued shares of Common Stock shall not be sufficient to effect the conversion of all then outstanding shares of Preferred Stock, the Corporation will take such corporate action as may be necessary to increase its authorized but unissued shares of Common Stock to such number of shares as shall be sufficient for such purpose.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Mascoma Corp), Share Purchase Agreement (Mascoma Corp), Purchase Preferred Stock (Mascoma Corp)

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Common Stock Reserved. The Corporation shall reserve and keep available out of its authorized but unissued Common Stock such number of shares of Common Stock as shall from time to time be sufficient to effect conversion of Preferred Stock. If at any time the number of authorized but unissued shares of Common Stock shall not be sufficient to effect the conversion of all then outstanding shares of Preferred Stock, the Corporation will take such corporate action as may be necessary to increase its authorized but unissued shares of Common Stock to such number of shares as shall be sufficient for such purposeClass A Convertible Preferred.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Hojo Holdings Inc), Agreement and Plan of Merger (Hojo Holdings Inc), Agreement and Plan of Merger (Technology Connections Inc)

Common Stock Reserved. The Corporation shall at all --------------------- times reserve and keep available out of its authorized but unissued Common Stock, solely for issuance upon the conversion of shares of Preferred Stock as herein provided, such number of shares of Common Stock as shall from time to time be sufficient to effect conversion of Preferred Stock. If at any time the number of authorized but unissued shares of Common Stock shall not be sufficient to effect issuable upon the conversion of all then outstanding of the shares of Preferred Stock, Stock at the Corporation will take such corporate action as may be necessary to increase its authorized but unissued shares of Common Stock to such number of shares as shall be sufficient for such purposetime outstanding.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Genvec Inc), Stock Purchase Agreement (Genvec Inc), Stock Purchase Agreement (Genvec Inc)

Common Stock Reserved. The Corporation shall reserve and keep --------------------- available out of its authorized but unissued Common Stock such number of shares of Common Stock as shall from time to time be sufficient to effect affect conversion of the Preferred Stock. If at any time the number of authorized but unissued shares of Common Stock shall not be sufficient to effect the conversion of all then outstanding shares of Preferred Stock, the Corporation will take such corporate action as may be necessary to increase its authorized but unissued shares of Common Stock to such number of shares as shall be sufficient for such purpose.

Appears in 2 contracts

Samples: Stock Restriction Agreement (Sequenom Inc), Stock Restriction Agreement (Sequenom Inc)

Common Stock Reserved. The Corporation shall reserve and keep --------------------- available out of its authorized but unissued Common Stock such number of shares of Common Stock as shall from time to time be sufficient to effect conversion of the Preferred Stock. If at any time the number of authorized but unissued shares of Common Stock shall not be sufficient to effect the conversion of all then outstanding shares of Preferred Stock, the Corporation will take such corporate action as may be necessary to increase its authorized but unissued shares of Common Stock to such number of shares as shall be sufficient for such purpose.

Appears in 2 contracts

Samples: Stock Restriction Agreement (Sequenom Inc), Stock Restriction Agreement (Sequenom Inc)

Common Stock Reserved. The Corporation shall reserve and keep available out of its authorized but unissued Common Stock such number of shares of Common Stock as shall from time to time be sufficient to effect (a) conversion of the Series A Preferred Stock. If at any time the number of authorized but unissued shares Stock and (b) issuance of Common Stock shall not be sufficient pursuant to effect the conversion of all then any outstanding shares of Preferred option, warrant, or other rights to acquire Common Stock, the Corporation will take such corporate action as may be necessary to increase its authorized but unissued shares of Common Stock to such number of shares as shall be sufficient for such purpose.

Appears in 2 contracts

Samples: Employment Agreement (Skyway Communications Holding Corp), Agreement and Plan of Merger (Skyway Communications Holding Corp)

Common Stock Reserved. The Corporation shall reserve and keep available available, free from pre-emptive rights, out of its authorized but unissued Common Stock Stock, solely for the purpose of effecting the conversion of Preferred Stock, such number of shares of Common Stock as shall from time to time be sufficient to effect conversion of the Preferred Stock. If at any time the number of authorized but unissued shares of Common Stock shall not be sufficient to effect the conversion of all the then outstanding shares of Preferred Stock, the Corporation will shall promptly take such corporate action as may may, in the opinion of its counsel, be necessary to increase its authorized but unissued shares of Common Stock to such number of shares as shall be sufficient for such purpose.

Appears in 2 contracts

Samples: Registration Rights Agreement (Genocea Biosciences, Inc.), Registration Rights Agreement (Genocea Biosciences, Inc.)

Common Stock Reserved. The Corporation shall reserve and keep available available, free from pre-emptive rights, out of its authorized but unissued Common Stock Stock, solely for the purpose of effecting the conversion of Preferred Stock, such number of shares of Common Stock as shall from time to time be sufficient to effect conversion of Preferred Stock. If at any time the number of authorized but unissued shares of Common Stock shall not be sufficient to effect the conversion of all then outstanding shares of Preferred Stock, the Corporation will take such corporate action as may be necessary to increase its authorized but unissued shares of Common Stock to such number of shares as shall be sufficient for such purpose.Preferred

Appears in 2 contracts

Samples: Registration Rights Agreement (Genocea Biosciences, Inc.), Registration Rights Agreement (Genocea Biosciences, Inc.)

Common Stock Reserved. The Corporation shall at all times reserve and keep available out of its authorized but unissued Common Stock such number of shares of Common Stock as shall from time to time be sufficient to effect conversion of Preferred Stock. If at any time the number of authorized but unissued shares of Common Stock shall not be sufficient to effect the conversion of all then outstanding shares of Preferred Stock, the Corporation will take such corporate action as may be necessary to increase its authorized but unissued shares of Common Stock to such number of shares as shall be sufficient for such purposethis Warrant.

Appears in 2 contracts

Samples: Stockholders Agreement (Quiznos Corp), Stockholders Agreement (Retail & Restaurant Growth Capital L P)

Common Stock Reserved. The Corporation shall reserve and keep available out of its authorized but unissued Common Stock such number of shares of Common Stock as shall from time to time be sufficient to effect conversion of Preferred StockJunior Preferred. If at any time the number of authorized but unissued shares of Common Stock shall not be sufficient to effect the conversion of all then outstanding shares of Preferred StockJunior Preferred, the Corporation will take such corporate action as may be necessary to increase its authorized but unissued shares of Common Stock to such number of shares as shall be sufficient for such purpose.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement, Subordinated Convertible Note Purchase Agreement (Mascoma Corp)

Common Stock Reserved. The Corporation shall reserve and keep --------------------- available out of its authorized but unissued Common Stock such number of shares of Common Stock as shall from time to time be sufficient to effect conversion of the Series A Preferred Stock. If at any time the number of authorized but unissued shares of Common Stock shall not be sufficient to effect the conversion of all then outstanding shares of Preferred Stock, the Corporation will take such corporate action as may be necessary to increase its authorized but unissued shares of Common Stock to such number of shares as shall be sufficient for such purpose.

Appears in 2 contracts

Samples: Stock Restriction Agreement (Sequenom Inc), Stock Restriction Agreement (Sequenom Inc)

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Common Stock Reserved. The Corporation shall reserve and keep available out of its authorized but unissued Common Stock Stock, solely for the purpose of effecting the conversion of the shares of the Preferred Stock, such number of shares of Common Stock as shall from time to time be sufficient to effect conversion of the Preferred Stock. If at any time the number of authorized but unissued shares of Common Stock shall not be sufficient to effect the conversion of all then outstanding shares of Preferred Stock, the Corporation will take such corporate action as may be necessary to increase its authorized but unissued shares of Common Stock to such number of shares as shall be sufficient for such purpose.

Appears in 2 contracts

Samples: Voting Agreement (Visterra, Inc.), Voting Agreement (Visterra, Inc.)

Common Stock Reserved. The Corporation shall at all times reserve and keep available out of its authorized but unissued Common Stock Stock, solely for the purpose of effecting the conversion of the shares of Preferred Stock, such number of shares of Common Stock as shall from time to time be sufficient to effect the conversion of all outstanding shares of the Preferred Stock. If at any time the number of authorized but unissued shares of Common Stock shall not be sufficient to effect the conversion of all then outstanding shares of Preferred Stock, the Corporation will take such corporate action as may may, in the opinion of its counsel, be necessary to increase its authorized but unissued shares of Common Stock to such number of shares as shall be sufficient for such purpose.

Appears in 2 contracts

Samples: Loan and Security Agreement (AtriCure, Inc.), AtriCure, Inc.

Common Stock Reserved. The Corporation shall reserve and keep available out of its authorized but unissued Common Stock such number of shares of Common Stock as shall from time to time be sufficient to effect conversion of Preferred Stock. If at any time the number of authorized but unissued shares of Common Stock shall not be sufficient to effect the conversion of all then outstanding shares of Preferred Stock, the Corporation will take such corporate action as may be necessary to increase its authorized but unissued shares of Common Stock to such number of shares as shall be sufficient for such purposeConvertible Preferred.

Appears in 1 contract

Samples: Purchase Agreement (Higher One Holdings, Inc.)

Common Stock Reserved. The Corporation shall reserve and keep available out of its authorized but unissued Common Stock such number of shares of Common Stock as shall from time to time be sufficient to effect (a) conversion of the Series B Preferred Stock. If at any time the number of authorized but unissued shares Stock and (b) issuance of Common Stock shall not be sufficient pursuant to effect the conversion of all then any outstanding shares of Preferred option, warrant, or other rights to acquire Common Stock, the Corporation will take such corporate action as may be necessary to increase its authorized but unissued shares of Common Stock to such number of shares as shall be sufficient for such purpose.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Skyway Communications Holding Corp)

Common Stock Reserved. The Corporation shall at all times when any shares of Convertible Preferred Stock shall be outstanding, reserve and keep available out of its authorized but unissued Common Stock such number of shares of Common Stock free from preemptive rights and other rights to purchase or subscribe as shall from time to time be sufficient to effect conversion of Preferred Stock. If at any time the number of authorized but unissued all shares of Common Convertible Preferred Stock shall not be sufficient (after giving effect to effect the conversion of all then outstanding shares other securities of Preferred Stock, the Corporation will take such corporate action as may be necessary to increase its authorized but unissued shares of which are convertible into Common Stock to such number of shares as shall be sufficient for such purposeStock).

Appears in 1 contract

Samples: Banque Paribas

Common Stock Reserved. The Corporation shall Corporationshall reserve and keep available out of its authorized but unissued Common Stock such number of shares of Common Stock as shall from time to time be sufficient to effect (a) conversion of the Series B Preferred Stock. If at any time the number of authorized but unissued shares Stock and (b) issuance of Common Stock shall not be sufficient pursuant to effect the conversion of all then any outstanding shares of Preferred option, warrant, or other rights to acquire Common Stock, the Corporation will take such corporate action as may be necessary to increase its authorized but unissued shares of Common Stock to such number of shares as shall be sufficient for such purpose.

Appears in 1 contract

Samples: Employment Agreement (Skyway Communications Holding Corp)

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