Company to Reserve Common Shares. The Company shall at all times reserve and keep available out of its authorized but unissued Common Shares, for the purpose of effecting the conversion of Securities, the full number of Common Shares then issuable upon the conversion of all Outstanding Securities which are convertible into Common Shares.
Appears in 3 contracts
Samples: Indenture (Primus Guaranty LTD), Indenture (Primus Guaranty LTD), Indenture (Primus Guaranty LTD)
Company to Reserve Common Shares. The Company shall at all times reserve and keep available available, free from pre-emptive rights, out of its authorized but unissued Common SharesStock, for the purpose of effecting the conversion of Securities, the full number of its duly authorized shares of Common Shares Stock then issuable upon the conversion of all Outstanding Securities which are convertible into Common SharesSecurities.
Appears in 3 contracts
Samples: Indenture (Cross Timbers Oil Co), Indenture (Hs Resources Inc), Indenture (Basin Exploration Inc)
Company to Reserve Common Shares. The Company shall at all times reserve and keep available available, free from pre-emptive rights, out of its authorized but unissued Common Shares, for the purpose of effecting the conversion of Securities, the full number of Common Shares then issuable upon the conversion of all Outstanding Securities which are convertible into Common Sharesoutstanding Securities.
Appears in 2 contracts
Samples: Indenture (Liquid Media Group Ltd.), Indenture (Prime Group Realty Trust)
Company to Reserve Common Shares. The Company shall at all times reserve and keep available available, free from preemptive rights, out of its authorized but unissued Common Shares, for the purpose of effecting the conversion of Securities, the full such number of its duly authorized Common Shares then issuable upon the conversion of all Outstanding Securities which are convertible into Securities; PROVIDED THAT this Section shall not require the Company to make any reservation of authorized but unissued Common Shares for so long as the Company's authorized share capital includes an unlimited number of Common Shares.
Appears in 2 contracts
Samples: Indenture (Stillwater Mining Co /De/), Indenture (Golden Star Resources LTD)
Company to Reserve Common Shares. The Company shall at all times reserve and keep available available, free from preemptive rights, out of its the authorized but unissued Common SharesShares or out of the Common Shares held in treasury, for the purpose of effecting the conversion of Securities, the full number of shares of Common Shares then issuable upon the conversion of all Outstanding Securities which are convertible into Common Sharesoutstanding Securities.
Appears in 1 contract
Samples: Indenture (Arvin Industries Inc)
Company to Reserve Common Shares. The Company shall at all times reserve and keep available available, free from preemptive rights, out of its the authorized but unissued Common SharesShares or out of the Common Shares held in treasury, for the purpose of effecting the conversion of Securities, the full number of Common Shares then issuable upon the conversion of all Outstanding outstanding Securities. Shares of Common Shares issuable upon conversion of outstanding Securities which are convertible into shall be issued out of the Common SharesShares held in Treasury to the extent available.
Appears in 1 contract
