Common use of Covenants as to Common Stock Clause in Contracts

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Purchase Contract constituting a part of the Outstanding Securities will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 92 contracts

Samples: Purchase Contract Agreement (Widepoint Corp), Agent Purchase Contract Agreement (Great Plains Energy Inc), Purchase Contract Agreement (PPL Energy Supply LLC)

AutoNDA by SimpleDocs

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Purchase Contract constituting a part of the Outstanding Securities Units will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 64 contracts

Samples: Purchase Contract Agreement (Florida Power & Light Co), Purchase Contract Agreement (Florida Power & Light Co), Purchase Contract Agreement (Florida Power & Light Co)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any the Purchase Contract constituting a part of Contracts underlying the Outstanding Securities Units will, upon issuance, be newly issued (i.e., not issued out of treasury shares) and be duly authorized, validly issued, fully paid and nonassessable.

Appears in 8 contracts

Samples: Master Unit Agreement (Providian Financing Iv), Master Unit Agreement (Ati Financing Ii), Master Unit Agreement (Monsanto Co)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Forward Purchase Contract constituting a part of the Outstanding Securities Units will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 7 contracts

Samples: Forward Purchase Contract Agreement (American Electric Power Co Inc), Forward Purchase Contract Agent (American Electric Power Co Inc), Forward Purchase Contract Agreement (American Electric Power Co Inc)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Purchase Contract constituting a part of the Outstanding Securities and in payment of any Deferred Contract Adjustment Payments will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 5 contracts

Samples: Purchase Contract Agreement (Owens Corning Capital Ii), Purchase Contract Agreement (Protective Life Corp), Purchase Contract Agreement (MCN Corp)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may will be issued against tender of payment in respect of any Purchase Contract Contracts constituting a part of the Outstanding Securities PIES will, upon issuanceissuance as contemplated herein, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 4 contracts

Samples: Purchase Contract Agreement (Sierra Pacific Resources), Purchase Contract Agreement (Sierra Pacific Resources /Nv/), Purchase Contract Agreement (Sierra Pacific Resources Capital Trust Ii)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may will be issued against tender of payment in respect of any Purchase Contract Contracts constituting a part of the Outstanding Securities Units will, upon issuanceissuance as contemplated herein, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 4 contracts

Samples: Purchase Contract Agreement (Amerigroup Corp), Purchase Contract Agreement (Amerigroup Corp), Purchase Contract Agreement (Ohio Casualty Corp)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Stock Purchase Contract constituting a part of the Outstanding Securities Common Equity Units will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 3 contracts

Samples: Stock Purchase Contract Agreement (Metlife Inc), Stock Purchase Contract Agreement (Metlife Inc), Stock Purchase Contract Agreement (Metlife Inc)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect it delivers upon settlement of any Stock Purchase Contract constituting a part of the Outstanding Securities will, upon issuance, will be duly authorized, validly issued, fully paid and nonassessable.

Appears in 3 contracts

Samples: Stock Purchase Contract Agreement (Metlife Inc), Pledge Agreement (American International Group Inc), Pledge Agreement (Metlife Inc)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Purchase Contract constituting a part of the Outstanding Securities Units will, upon issuance, be duly authorized, validly issued, fully paid and nonassessablenonassessable and shall be free from preemptive rights and free of any lien or adverse claim. The Company will endeavor to promptly list or cause to have quoted such Common Stock on each national exchange or in the over-the-counter market or other such market on which the Common Stock are then listed or quoted.

Appears in 2 contracts

Samples: Purchase Contract Agreement (Lazard LTD), Purchase Contract Agreement (Lazard Group Finance LLC)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which that may be issued against tender of payment in respect of any Purchase Contract constituting a part of represented by the Outstanding Securities Units will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 2 contracts

Samples: Purchase Contract Agreement (Chubb Corp), Purchase Contract Agreement (Chubb Corp)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Forward Purchase Contract constituting a part of the Outstanding Securities DECS will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 2 contracts

Samples: Forward Purchase Contract Agreement (Solutia Inc), Forward Purchase Contract Agreement (Capital One Financial Corp)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Purchase Contract constituting a part of the Outstanding Securities will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 2 contracts

Samples: Purchase Contract Agreement (Affiliated Managers Group Inc), Purchase Contract Agreement (Affiliated Managers Group Inc)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which that may be issued against tender of payment in respect of any Stock Purchase Contract constituting a part of the Outstanding Securities Equity Units will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 2 contracts

Samples: Purchase Contract Agreement (American International Group Inc), Purchase Contract Agreement (American International Group Inc)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Purchase Contract constituting a part of the Outstanding Securities and in payment of any Deferred Contract Fees will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 1 contract

Samples: Purchase Contract Agreement (Sunamerica Capital Trust Vi)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Stock Purchase Contract constituting a part of the Outstanding Securities Common SPACES will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 1 contract

Samples: Stock Purchase Contract Agreement (Marshall & Ilsley Corp/Wi/)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Purchase Contract constituting a part of the Outstanding Securities will, upon such issuance, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 1 contract

Samples: Purchase Contract Agreement (FPL Group Capital Inc)

AutoNDA by SimpleDocs

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Purchase Contract constituting a part of the Outstanding Securities will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable. ARTICLE XI Trust Indenture Act SECTION 11.1.

Appears in 1 contract

Samples: Purchase Contract Agreement (Florida Power & Light Co)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued issued, against tender of payment in respect of any Purchase Contract constituting a part of the Outstanding Securities will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 1 contract

Samples: Pledge Agreement (Allied Waste North America Inc/De/)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Purchase Contract constituting a part of the Outstanding Securities DECS will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 1 contract

Samples: Purchase Contract Agreement (Temple Inland Inc)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Purchase Contract constituting a part of Warrant represented by the Outstanding Securities Units will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 1 contract

Samples: Warrant Agreement (Chubb Corp)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Purchase Contract constituting a part of the Outstanding Securities will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.. 62

Appears in 1 contract

Samples: Purchase Contract Agreement (Txu Corp /Tx/)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Share Purchase Contract constituting a part of the Outstanding Securities will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 1 contract

Samples: Share Purchase Contract Agreement (Firstenergy Corp)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Purchase Contract constituting a part of the Outstanding Securities and in payment of any Deferred Yield Enhancement Payments will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 1 contract

Samples: Purchase Contract Agreement (Aes Trust Iii)

Covenants as to Common Stock. The Company covenants and agrees that all the shares of Common Stock which may be issued against tender issuable pursuant to the terms of payment in respect of any Purchase Contract constituting a part of the Outstanding Securities this Warrant will, upon their issuance, be duly authorized, validly issuedissued and outstanding, fully paid and nonassessable. The Company further covenants and agrees that it will take all such corporate actions that may be necessary to provide for the exercise of the rights represented by this Warrant.

Appears in 1 contract

Samples: Applied Voice Technology Inc /Wa/

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Purchase Contract constituting a part of the Outstanding Securities will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.. ARTICLE XI

Appears in 1 contract

Samples: Purchase Contract Agreement (Florida Power & Light Co)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Purchase Contract constituting a part of the Outstanding Securities Units will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.. 71

Appears in 1 contract

Samples: Purchase Contract Agreement (Household International Inc)

Covenants as to Common Stock. The Company covenants that all shares of Common Stock which may be issued against tender of payment in respect of any Forward Purchase Contract constituting a part of the Outstanding Securities will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable.

Appears in 1 contract

Samples: Forward Purchase Contract Agreement (Provident Financial Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.