Common use of Company to Provide Common Stock Clause in Contracts

Company to Provide Common Stock. The Company shall, prior to issuance of any 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 Debentures Outstanding into shares of Common Stock. All shares of Common Stock delivered upon conversion of the 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 Debentures, 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: Supplemental Indenture (Dte Energy Co), Supplemental Indenture (Dte Energy Co)

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Company to Provide Common Stock. The Company shall, prior to issuance of any Debentures 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 Debentures Notes Outstanding into shares of Common Stock. All shares of Common Stock delivered upon conversion of the Debentures 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 DebenturesNotes, 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: Supplemental Indenture (Dte Energy Co), Supplemental Indenture (Dte Energy Co)

Company to Provide Common Stock. The Company shall, prior to issuance of any Debentures under this Supplemental Indenture, and from time to time as may be necessary, reserve, reserve out of its authorized but unissued shares of Common Stock, Stock a sufficient number of shares of Common Stock to permit the conversion delivery or book-entry transfer in respect of all Debentures Outstanding into outstanding Notes of the number of shares of Common StockStock due upon conversion. All Any shares of Common Stock delivered upon conversion of the Debentures Notes shall be newly issued shares or treasury shares, shall be duly authorized, and validly issued, issued and fully paid and nonassessable and shall be free from preemptive rights and free of from any Lien lien or adverse claim. The Company shall endeavor promptly to comply with all applicable 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 Debentures, if any, Notes 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 in the over‑the‑counter market or such other market on which the Common Stock is then listed or quoted. In addition, if any shares of Common Stock that would be issuable upon conversion of Notes hereunder require registration with or approval of any governmental authority before such shares of Common Stock may be issued upon such conversion, the Company shall cause such shares of Common Stock to be duly registered or approved, as the case may be.

Appears in 1 contract

Samples: Indenture (Healthsouth Corp)

Company to Provide Common Stock. The Company shall, prior to issuance of any 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 Debentures Outstanding into shares of Common Stock. All shares of Common Stock delivered upon conversion of the 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 Debentures, 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: Supplemental Indenture (Dte Energy Co)

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Company to Provide Common Stock. The Company shall, prior to issuance of any 2021 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 2021 Debentures Outstanding into shares of Common Stock. All shares of Common Stock delivered upon conversion of the 2021 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 will endeavor promptly to comply with all federal and state securities laws regulating the registration of the offer offer, issuance and delivery of shares of Common Stock to a converting Holder upon conversion of 2021 Debentures, if any, and shall will list or cause to have quoted such shares of Common Stock on each national securities exchange or on NASDAQ the Nasdaq National Market or other over-the-counter market or such other market on which the shares of Common Stock is are then listed or quoted.

Appears in 1 contract

Samples: Fifth Supplemental Indenture (El Paso Corp/De)

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