Corporation to Reserve Shares. The Corporation covenants with the Trustee that it will at all times reserve and keep available out of its authorized Shares, solely for the purpose of issue upon conversion of Debentures as in this Article 5 provided, and conditionally allot to Debentureholders who may exercise their conversion rights hereunder, such number of Shares as shall then be issuable upon the conversion of all outstanding Debentures. The Corporation covenants with the Trustee that all Shares which shall be so issuable shall be duly and validly issued and, subject to Section 5.1(a), Freely Tradeable.
Corporation to Reserve Shares. The Corporation covenants with the Holder that it will at all times reserve and keep available out of its authorized Common Shares, solely for the purpose of issue upon conversion of this Debenture as in this section 1 provided, such number of Common Shares as shall then be issuable upon the conversion in whole of this Debenture. The Corporation covenants with the Holder that all Common Shares which shall be so issuable shall be duly and validly issued as fully paid and non-assessable.
Corporation to Reserve Shares. The Corporation covenants with the Trustee that it will at all times reserve and keep available out of its authorized Shares (if the number becomes limited), solely for the purpose of issue upon conversion of Debentures as in this Article provided, and conditionally allot to Debentureholders who may exercise their conversion rights hereunder, such number of Shares as shall then be issuable upon the conversion of all outstanding Debentures. The Corporation covenants with the Trustee that all Shares which shall be so issuable shall be duly and validly issued as fully-paid, non-assessable and Freely Tradeable.
Corporation to Reserve Shares. The Corporation covenants that it will at all times reserve and keep available out of its authorized Common Shares (if the number thereof is or becomes limited) solely for the purpose of issue upon conversion of Notes as provided herein, and allot for issue to Noteholders who may exercise their conversion rights hereunder, such number of Common Shares as shall then be issuable upon the conversion of all outstanding Notes. All Common Shares which shall be so issuable shall be duly and validly issued as fully paid and non-assessable.
Corporation to Reserve Shares. 29 4.8 Corporation to Qualify Shares.......................................................30 4.9 Taxes and Charges on Conversion.....................................................30 4.10 Cancellation of Converted Debentures................................................30 4.11 Certificate as to Adjustment........................................................30 4.12
Corporation to Reserve Shares. The Corporation covenants that it will at all times reserve and keep available out of its authorized Subordinate Voting Shares (if the number thereof is or becomes limited) solely for the purpose of issue upon conversion of Debentures as provided herein, and conditionally allot to Debentureholders who may exercise their conversion rights hereunder, such number of Subordinate Voting Shares as shall then be issuable upon the conversion of all outstanding Debentures. The Corporation covenants with the Trustee that all Subordinate Voting Shares which shall be so issuable shall be duly and validly issued as fully paid and non-assessable and shall be listed and posted for trading on each stock exchange on which the Subordinate Voting Shares are then listed.
Corporation to Reserve Shares. 50 12.6 Taxes and Charges on Conversion . . . . . . . . . . . . . . . 51 12.7
Corporation to Reserve Shares. The Corporation shall at all times prior to the expiration or termination of this Option reserve and keep available, either in its treasury or out of its authorized but unissued Shares, the full number of Shares subject to this Option from time to time.
Corporation to Reserve Shares. The Corporation covenants with the Note Trustee that it will at all times reserve and keep available out of its authorized Shares, solely for the purpose of issue upon conversion of Notes as provided in this Article 5, and conditionally allot to Noteholders who may exercise their conversion rights hereunder, such number of Shares as shall then be issuable upon the conversion of all outstanding Notes. The Corporation covenants with the Note Trustee that all Shares which shall be so issuable shall be duly and validly issued as fully-paid, non-assessable Freely-Tradeable Shares.
Corporation to Reserve Shares. The Corporation shall at all times while any Principal Amount of the Convertible Debenture remains outstanding reserve and keep available out of its authorized but unissued Common Shares solely for the purpose of issue upon conversion of this Convertible Debenture, as provided in this Article 3, and issue upon exercise of the Conversion Warrants, and conditionally allot to the Holder who may exercise its conversion rights hereunder and its exercise rights in connection with the Conversion Warrants, such number of Conversion Shares as shall then be issuable upon the conversion of this Convertible Debenture and such number of Warrant Shares as shall be issuable upon exercise of the Conversion Warrants. All Conversion Shares which shall be so issuable shall be duly and validly issued as fully paid and non-assessable Common Shares. All Warrant Shares issued upon the exercise of the Conversion Warrants in accordance with the terms and conditions of the Warrant Certificate, including payment of the exercise price thereof, shall be duly and validly issued as fully paid and non-assessable Common Shares.
