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Common use of Covenant as to Common Stock Clause in Contracts

Covenant as to Common Stock. The Company covenants that all shares of Common Stock which may be issued upon conversion of Debentures, including interest, additional shares of Common Stock and penalties, will upon issue be fully paid and non assessable and the Company will pay all taxes, liens and charges that may be payable in respect of the issue or delivery of shares of Common Stock on conversion of Debentures pursuant hereto.

Appears in 1 contract

Samples: Purchase Agreement (Cryocon Inc)

Covenant as to Common Stock. The Company covenants that --------------------------- all shares of Common Stock which may be issued upon conversion of Debentures, including interest, additional shares of Common Stock and penalties, Notes will upon issue be fully paid and non assessable and nonassessable and, except as provided in Section 10.08, the Company will pay all taxes, liens and charges that may be payable in with respect of to the issue or delivery of shares of Common Stock on conversion of Debentures pursuant heretothereof.

Appears in 1 contract

Samples: Indenture (Resmed Inc)

Covenant as to Common Stock. The Company covenants that all shares of Common Stock which may be issued upon conversion of Debentures, including interest, additional shares of Common Stock and penalties, Debentures will upon issue be fully paid and non assessable and nonassessable and, except as provided in Section 12.8, the Company will pay all taxes, liens and charges that may be payable in with respect of to the issue or delivery of shares of Common Stock on conversion of Debentures pursuant heretothereof.

Appears in 1 contract

Samples: Indenture (Primus Telecommunications Group Inc)

Covenant as to Common Stock. The Company covenants ---------------------------- that all shares of Common Stock which may be issued upon conversion of Debentures, including interest, additional shares of Common Stock and penalties, Debentures will upon issue be duly and validly issued and fully paid and non assessable and nonassessable and, except as provided in Section 12.08, the Company will pay all taxes, liens and charges that may be payable in with respect of to the issue or delivery of shares of Common Stock on conversion of Debentures pursuant heretothereof.

Appears in 1 contract

Samples: Indenture (Alpha Technologies Group Inc)

Covenant as to Common Stock. The Company covenants that all shares of Common Stock which may be issued upon conversion of Debentures, including interest, additional shares of Common Stock and penalties, Debentures will upon issue be fully paid and non assessable and nonassessable and, except as provided in Section 5.08, the Company will pay all taxes, liens and charges that may be payable in with respect of to the issue or delivery of shares of Common Stock on conversion of Debentures pursuant heretothereof.

Appears in 1 contract

Samples: Fifth Supplemental Indenture (Kerr McGee Corp)

Covenant as to Common Stock. The Company covenants that all shares of Common Stock which may be issued upon conversion of Debentures, including interest, additional shares of Common Stock and penalties, Debentures will upon issue be duly and validly issued and fully paid and non assessable and nonassessable and, except as provided in Section 12.08, the Company will pay all taxes, liens and charges that may be payable in with respect of to the issue or delivery of shares of Common Stock on conversion of Debentures pursuant heretothereof.

Appears in 1 contract

Samples: Indenture (Systems & Computer Technology Corp)