Common use of Company to Reserve Stock; Registration; Listing Clause in Contracts

Company to Reserve Stock; Registration; Listing. (a) The Company shall, prior to issuance of any Securities hereunder, and from time to time as may be necessary, reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock, for the purpose of effecting the conversion of the Securities, such number of its duly authorized Common Stock as shall from time to time be sufficient to effect the conversion of all Securities then outstanding into such Common Stock at any time (assuming that, at the time of the computation of such number of Common Stock, all such Securities would be held by a single Holder). The Company covenants that all Common Stock which may be issued upon conversion of Securities shall upon issue be fully paid and nonassessable and free from all liens and charges and, except as provided in Section 12.8, taxes with respect to the issue thereof.

Appears in 5 contracts

Samples: Indenture (CTS Corp), Immunomedics Inc, Comtech Telecommunications Corp /De/

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Company to Reserve Stock; Registration; Listing. (a) The Company shall, prior to issuance of any Securities hereunder, and from time to time as may be necessary, reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock, for the purpose of effecting the conversion of the Securities, such number of its duly authorized Common Stock as shall from time to time be sufficient to effect the conversion of all Securities then outstanding into such Common Stock at any time (assuming that, at the time of the computation of such number of Common Stock, all such Securities would be held by a single Holder). The Company covenants that all Common Stock which may be issued upon conversion of Securities shall upon issue be fully paid and nonassessable and free from all liens and charges and, except as provided in Section 12.813.8, taxes with respect to the issue thereof.

Appears in 1 contract

Samples: Indenture (Komag Inc /De/)

Company to Reserve Stock; Registration; Listing. (a) The Company shall, prior to issuance of any Securities hereunder, and from time to time as may be necessary, reserve and keep available, free from preemptive rights, out of its authorized but unissued shares of Common Stock, for the purpose of effecting the conversion of the Securities, such number of its duly authorized shares of Common Stock as shall from time to time be sufficient to effect the conversion of all Securities then outstanding into such shares of Common Stock at any time (assuming that, at the time of the computation of such number of Common Stock, all such Securities would be held by a single Holder). The Company covenants that all shares of Common Stock which may be issued upon conversion of Securities shall will upon issue be fully paid and nonassessable and free from all liens and charges and, except as provided in Section 12.8, taxes with respect to the issue thereof.

Appears in 1 contract

Samples: Pharmaceutical Resources Inc

Company to Reserve Stock; Registration; Listing. (a) The Company shall, prior to issuance of any Securities Notes hereunder, and from time to time as may be necessary, reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock, for the purpose of effecting the conversion of the SecuritiesNotes, such number of shares of its duly authorized Common Stock as shall from time to time be sufficient to effect the conversion of all Securities Notes then outstanding into such Common Stock at any time (assuming that, at the time of the computation of such number of shares of Common Stock, all such Securities Notes would be held by a single Holder). The Company covenants that all Common Stock which may be issued upon conversion of Securities Notes shall upon issue be fully paid and nonassessable and free from all liens and charges and, except as provided in Section 12.8, taxes with respect to the issue thereof.

Appears in 1 contract

Samples: Synaptics Incorporated (Synaptics Inc)

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Company to Reserve Stock; Registration; Listing. (a) The Company shall, prior to issuance of any Securities Notes hereunder, and from time to time as may be necessary, reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock, for the purpose of effecting the conversion of the SecuritiesNotes, such number of its duly authorized Common Stock as shall from time to time be sufficient to effect the conversion of all Securities Notes then outstanding into such Common Stock at any time (assuming that, at the time of the computation of such number of Common Stock, all such Securities Notes would be held by a single Holder). The Company covenants that all Common Stock which may be issued upon conversion of Securities Notes shall upon issue be fully paid and nonassessable and free from all liens and charges and, except as provided in Section 12.8, taxes with respect to the issue thereof.

Appears in 1 contract

Samples: Cray Inc

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