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

Company to Reserve Stock; Registration; Listing. (a) The Company shall, in accordance with the laws of the State of Delaware, at all times 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 Common Stock at any time (assuming that, at the time of the computation of such number of shares or securities, all such Securities would be held by a single Holder); provided, however, that nothing contained herein shall preclude the Company from satisfying its obligations in respect of the conversion of the Securities by delivery of purchased shares of Common Stock which have been repurchased by the Company. The Company covenants that all shares of Common Stock which may be issued upon conversion of Securities will upon issue be fully paid and nonassessable and free from all liens and charges and, except as provided in Section 1208, taxes with respect to the issue thereof.

Appears in 1 contract

Samples: Schein Henry Inc

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Company to Reserve Stock; Registration; Listing. (a) The Company shall, in accordance with the laws of the State of DelawareWisconsin, at all times 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 SecuritiesCODES, 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 CODES then Outstanding into such Common Stock at any time (assuming that, at the time of the computation of such number of shares or securities, all such Securities CODES would be held by a single Holder); provided, however, that nothing contained herein shall preclude the Company from satisfying its obligations in respect of the conversion of the Securities CODES by delivery of purchased shares of Common Stock which have been repurchased by are then held in the treasury of the Company. The Company covenants that all shares of Common Stock which that may be issued upon conversion of Securities CODES will upon issue be fully paid and nonassessable and free from all liens and charges and, except as provided in Section 120812.8, taxes with respect to the issue thereof.

Appears in 1 contract

Samples: Indenture (Apogent Technologies Inc)

Company to Reserve Stock; Registration; Listing. (a) The Company shall, in accordance with the laws of the State of DelawareCalifornia, at all times 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 Common Stock at any time (assuming that, at the time of the computation of such number of shares or securities, all such Securities would be held by a single Holder); provided, however, that nothing contained herein shall preclude the Company from satisfying its obligations in respect of the conversion of the Securities by delivery of purchased shares of Common Stock which have been repurchased by are then held in the treasury of the Company. The Company covenants that all shares of Common Stock which may be issued upon conversion of Securities will upon issue be fully paid and nonassessable and free from all liens and charges and, except as provided in Section 120810.8, taxes with respect to the issue thereof.

Appears in 1 contract

Samples: Greater Bay Bancorp

Company to Reserve Stock; Registration; Listing. (a) The Company shall, in accordance with the laws of the State of DelawareCalifornia, at all times 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 outstanding into such Common Stock at any time (assuming that, at the time of the computation of such number of shares or securities, all such Securities would be held by a single Holder); provided, however, that nothing contained herein shall preclude the Company from satisfying its obligations in respect of the conversion of the Securities by delivery of purchased shares of Common Stock which have been repurchased by are then held in the treasury of the Company. The Company covenants that all shares of Common Stock which may be issued upon conversion of Securities will upon issue be fully paid and nonassessable and free from all liens and charges and, except as provided in Section 120811.8, taxes with respect to the issue thereof.

Appears in 1 contract

Samples: Pg&e Corp

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Company to Reserve Stock; Registration; Listing. (a) The Company shall, in accordance with the laws of the State of Delaware, at all times 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 Common Stock at any time (assuming that, at the time of the computation of such number of shares or securities, all such Securities would be held by a single Holder); provided, however, that nothing contained herein shall preclude the Company from satisfying its obligations in respect of the conversion of the Securities by delivery of purchased shares of Common Stock which have been repurchased by are then held in the treasury of the Company. The Company covenants that all shares of Common Stock which may be issued upon conversion of Securities will upon issue be fully paid and nonassessable and free from all liens and charges and, except as provided in Section 120810.8, taxes with respect to the issue thereof.

Appears in 1 contract

Samples: Indenture (Odyssey Re Holdings Corp)

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