Common use of Company to Provide Common Stock Clause in Contracts

Company to Provide Common Stock. The Company shall, prior to issuance of any Notes under this Supplemental Indenture, and from time to time as may be necessary, reserve, out of its authorized but unissued Common Stock, a sufficient number of shares of Common Stock to permit the conversion of all Notes Outstanding into shares of Common Stock. All shares of Common Stock delivered upon conversion of the Notes shall be newly issued shares, shall be duly authorized, validly issued, fully paid and nonassessable and shall be free from preemptive rights and free of any Lien or adverse claim. The Company shall endeavor promptly to comply with all federal and state securities laws regulating the registration of the offer and delivery of shares of Common Stock to a converting Holder upon conversion of Notes, if any, and shall list or cause to have quoted such shares of Common Stock on each national securities exchange or on NASDAQ or other over-the-counter market or such other market on which the Common Stock is then listed or quoted.

Appears in 2 contracts

Samples: Indenture (Dte Energy Co), Indenture (Dte Energy Co)

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Company to Provide Common Stock. The Company shall, prior to issuance of any Notes Debentures under this Supplemental Indenture, and from time to time as may be necessary, reserve, out of its authorized but unissued Common Stock, a sufficient number of shares of Common Stock to permit the conversion of all Notes Debentures Outstanding into shares of Common Stock. All shares of Common Stock delivered upon conversion of the Notes Debentures shall be newly issued shares, shall be duly authorized, validly issued, fully paid and nonassessable and shall be free from preemptive rights and free of any Lien or adverse claim. The Company shall endeavor promptly to comply with all federal and state securities laws regulating the registration of the offer and delivery of shares of Common Stock to a converting Holder upon conversion of NotesDebentures, if any, and shall list or cause to have quoted such shares of Common Stock on each national securities exchange or on NASDAQ or other over-the-counter market or such other market on which the Common Stock is then listed or quoted.

Appears in 2 contracts

Samples: Dte Energy Co, Dte Energy Co

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Company to Provide Common Stock. The Company shall, prior to issuance of any Notes Debentures under this Supplemental Indenture, and from time to time as may be necessary, reserve, out of its authorized but unissued Common Stock, a sufficient number of shares of Common Stock to permit the conversion of all Notes Debentures Outstanding into shares of Common Stock. All shares of Common Stock delivered upon conversion of the Notes Debentures shall be newly issued shares, shall be duly authorized, validly issued, fully paid and nonassessable and shall be free from preemptive rights and free of any Lien or adverse claim. The Company shall endeavor promptly to comply with all federal and state securities laws regulating the registration of the offer and delivery of shares of Common Stock to a converting Holder upon conversion of NotesDebentures, if any, and shall list or cause to have quoted such shares of Common Stock on each national securities exchange or on NASDAQ or other over-the-counter market or such other market on which the Common Stock is then listed or quoted.

Appears in 1 contract

Samples: Dte Energy Co

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