Common use of Company to Reserve Preferred Stock Clause in Contracts

Company to Reserve Preferred Stock. The Company shall at all times prior to the Stock Purchase Date reserve and keep available, free from preemptive rights, out of its authorized but unissued Preferred Stock the full number of shares of Preferred Stock issuable against tender of payment for such shares of Preferred Stock in respect of all Stock Purchase Contracts.

Appears in 13 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (National City Preferred Capital Trust I), Stock Purchase Agreement (State Street Corp)

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Company to Reserve Preferred Stock. The Company shall at all times prior to the Stock Purchase Date reserve and keep available, free from preemptive rights, out of its authorized but unissued Preferred Stock the full number of shares of Preferred Stock (or fractional interests therein) issuable against tender of payment for such shares of Preferred Stock (or fractional interests therein) in respect of all Stock Purchase Contracts.

Appears in 3 contracts

Samples: Stock Purchase Contract Agreement (Us Bancorp \De\), Stock Purchase Contract Agreement (Us Bancorp \De\), Stock Purchase Contract Agreement (Suntrust Banks Inc)

Company to Reserve Preferred Stock. The Company shall at all times prior to the Stock Purchase Date reserve and keep available, free from preemptive rights, out of its authorized but unissued Preferred Stock the full number of shares of Preferred Stock issuable against tender of payment for such shares of Preferred Stock in respect of all Stock Purchase ContractsContracts then outstanding.

Appears in 2 contracts

Samples: Stock Purchase Contract Agreement (Bank of America Corp /De/), Stock Purchase Contract Agreement (Bank of America Corp /De/)

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Company to Reserve Preferred Stock. The Company shall at all times prior to the Stock Purchase Date reserve and keep available, free from preemptive rights, out of its authorized but unissued Preferred Stock the full number of shares of Preferred Stock issuable against tender of payment for such shares of Preferred Stock the Depositary Shares in respect of all Stock Purchase ContractsContracts constituting a part of the MCAPS evidenced by Outstanding Certificates.

Appears in 2 contracts

Samples: Stock Purchase Contract (Lehman Brothers Holdings Inc), Stock Purchase Contract (Lehman Brothers Holdings Inc)

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