Common use of Company to Reserve Common Stock Clause in Contracts

Company to Reserve Common Stock. The Company shall at all times reserve and keep available out of its authorized but unissued Common Stock, for the purpose of effecting the conversion of the Credit Facility Note, the full number of shares of Common Stock issuable upon the conversion of the entire Credit Facility Note.

Appears in 3 contracts

Samples: Credit Agreement (Abbott Laboratories), Credit Agreement (Micro Therapeutics Inc), Credit Agreement (Micro Therapeutics Inc)

AutoNDA by SimpleDocs

Company to Reserve Common Stock. The Company shall at all times reserve and keep available out of its authorized but unissued Common Stock, for the purpose of effecting the conversion of the Note or the Credit Facility Note, the full number of shares of Common Stock then issuable upon the conversion of the entire Note or the Credit Facility Note.

Appears in 2 contracts

Samples: Convertible Subordinated Note Agreement (Micro Therapeutics Inc), Convertible Subordinated Note Agreement (Abbott Laboratories)

Company to Reserve Common Stock. The Company shall at all times use its commercially reasonable efforts to reserve and keep available available, free from preemptive rights, out of its authorized but unissued Common Stock, for the purpose of effecting the conversion of the Credit Facility NoteNotes, the full number of shares of fully paid and nonassessable Common Stock then issuable upon the conversion of the entire Credit Facility Noteall Notes outstanding.

Appears in 1 contract

Samples: Indenture (Vector Group LTD)

AutoNDA by SimpleDocs

Company to Reserve Common Stock. The Company shall at all times reserve and keep available out of its authorized but unissued Common Stock, for the purpose of effecting the conversion of the Note or the Credit Facility Note, the full number of shares of Common Stock then issuable upon the conversion of the entire Note and any Credit Facility Note.

Appears in 1 contract

Samples: Convertible Subordinated Note Agreement (Micro Therapeutics Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.