Common use of Conversion Shares and Warrant Shares Clause in Contracts

Conversion Shares and Warrant Shares. The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, a number of its authorized but unissued shares of Common Stock equal to the aggregate number of shares of Common Stock necessary to effect the conversion of all the Shares and the exercise of all the Warrants. Any shares of Common Stock issuable upon conversion of the Shares (and such shares when issued) are herein referred to as the “Conversion Shares”. Any shares of Common Stock issuable upon exercise of the Warrants (and such shares when issued) are herein referred to as the “Warrant Shares”. The Shares, the Conversion Shares, the Warrants, the Warrant Shares and the PIK Dividend Shares (as defined in the Registration Rights Agreement) are sometimes collectively referred to herein as the “Securities”.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Lighting Science Group Corp), Securities Purchase Agreement (Path 1 Network Technologies Inc)

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Conversion Shares and Warrant Shares. The Company has authorized and has reserved reserved, and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, a number of its authorized but unissued shares of Common Stock equal to the aggregate number of shares of Common Stock necessary to effect the conversion of all the Shares and the exercise of all the Warrants. Any shares of Common Stock issuable upon conversion of the Shares (and such shares when issued) are herein referred to as the "Conversion Shares". Any shares of Common Stock issuable upon exercise of the Warrants (and such shares when issued) are herein referred to as the "Warrant Shares". The Shares, the Conversion Shares, the Warrants, the Warrant Shares and Shares, the PIK Dividend Shares (as defined in the Registration Rights Agreement) and the Redemption Shares (as defined in the Registration Rights Agreement) are sometimes collectively referred to herein as the "Securities".

Appears in 1 contract

Samples: Securities Purchase Agreement (Syntax-Brillian Corp)

Conversion Shares and Warrant Shares. The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, a number of its authorized but unissued shares of Common Stock equal to the aggregate number of shares of Common Stock necessary to effect the conversion of all the Shares and the exercise of all the Warrants. Any shares of Common Stock issuable upon conversion of the Shares (and such shares when issued) are herein referred to as the "Conversion Shares". Any shares of Common Stock issuable upon exercise of the Warrants (and such shares when issued) are herein referred to as the "Warrant Shares". The Shares, the Conversion Shares, the Warrants, Warrants and the Warrant Shares and the PIK Dividend Shares (as defined in the Registration Rights Agreement) are sometimes collectively referred to herein as the "Securities".

Appears in 1 contract

Samples: Securities Purchase Agreement (Avitar Inc /De/)

Conversion Shares and Warrant Shares. The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, a number of its authorized but unissued shares of Common Stock equal to the aggregate number of shares of Common Stock necessary to effect the conversion of all the Shares and the exercise of all the Warrants. Any shares of Common Stock issuable upon conversion of the Shares (and such shares when issued) are herein referred to as the "Conversion Shares". Any shares of Common Stock issuable upon exercise of the Warrants (and such shares when issued) are herein referred to as the "Warrant Shares". The Shares, the Conversion Shares, the Warrants, Warrants and the Warrant Shares and the PIK Dividend Shares (as defined in the Registration Rights Agreement) are sometimes collectively referred to herein as the "Securities".

Appears in 1 contract

Samples: Securities Purchase Agreement (Avitar Inc /De/)

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Conversion Shares and Warrant Shares. The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, a number of its authorized but unissued shares of Common Stock equal to the aggregate number of shares of Common Stock necessary to effect the conversion of all the Shares Notes and the exercise of all the Warrants. Any shares of Common Stock issuable upon conversion of the Shares Notes (and such shares when issued) are herein referred to as the "Conversion Shares". Any shares of Common Stock issuable upon exercise of the Warrants (and such shares when issued) are herein referred to as the "Warrant Shares". The Shares, the Conversion SharesNotes, the Warrants, the Warrant Conversion Shares and the PIK Dividend Warrant Shares (as defined in the Registration Rights Agreement) are sometimes collectively referred to herein as the "Securities".

Appears in 1 contract

Samples: Securities Purchase Agreement (Nascent Wine Company, Inc.)

Conversion Shares and Warrant Shares. The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, a number of its authorized but unissued shares of Common Stock equal to the aggregate number of shares of Common Stock necessary to effect the conversion of all the Shares Note and the exercise of all the Warrants. Any shares of Common Stock issuable upon conversion of the Shares Note (and such shares when issued) are herein referred to as the "Conversion Shares". Any shares of Common Stock issuable upon exercise of the Warrants (and such shares when issued) are herein referred to as the "Warrant Shares”. The SharesNotes, the Warrants, the Conversion Shares, the Warrants, the Warrant Shares and the PIK Dividend Interest Shares (as defined in the Registration Rights AgreementNotes) are sometimes collectively referred to herein as the "Securities".

Appears in 1 contract

Samples: Securities Purchase Agreement (Broadcast International Inc)

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