Common use of Company to Reserve Common Shares Clause in Contracts

Company to Reserve Common Shares. The Company shall at all times prior to the Share Purchase Date reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Shares the maximum number of Common Shares issuable against tender of payment in respect of all Purchase Contracts constituting a part of the Units evidenced by Outstanding Certificates.

Appears in 2 contracts

Samples: Purchase Contract Agreement (Platinum Underwriters Holdings LTD), Purchase Contract Agreement (Platinum Underwriters Holdings LTD)

AutoNDA by SimpleDocs

Company to Reserve Common Shares. The Company shall at all times prior to the Share Purchase Contract Settlement Date reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Shares the maximum full number of Common Shares issuable against tender of payment in respect of all Purchase Contracts constituting a part of the Units Securities evidenced by Outstanding Certificates.

Appears in 2 contracts

Samples: Purchase Contract Agreement (Partnerre LTD), Purchase Contract Agreement (Arvin Industries Inc)

Company to Reserve Common Shares. The Company shall at all times prior to the Share Stock Purchase Date reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Shares the maximum full number of Common Shares issuable against tender of payment in respect of all Purchase Contracts constituting a part of underlying the Units evidenced by Outstanding CertificatesUnits.

Appears in 2 contracts

Samples: Purchase Contract Agreement (Seagram Co LTD), Master Unit Agreement (Seagram Co LTD)

Company to Reserve Common Shares. The Company shall at all times prior to the Share Purchase Contract Settlement Date reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Shares the maximum full number of Common Shares issuable against tender of payment in respect of all Purchase Contracts constituting a part of the Units evidenced by Outstanding Certificates.

Appears in 1 contract

Samples: Purchase Contract and Pledge Agreement (Assured Guaranty LTD)

AutoNDA by SimpleDocs

Company to Reserve Common Shares. The Company shall at all times prior to the Share Purchase Date reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Shares the maximum full number of Common Shares issuable against tender of payment in respect of all Purchase Contracts constituting a part of the Units evidenced by Outstanding Certificates.

Appears in 1 contract

Samples: Purchase Contract Agreement (Platinum Underwriters Holdings LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!