Common use of Covenants as to Common Stock Clause in Contracts

Covenants as to Common Stock. The Corporation covenants and agrees that all shares of Common Stock that may be issued upon the exercise of the rights represented by this Warrant, will, upon issuance, be validly issued, fully paid and non-assessable and free from all taxes, liens and charges with respect to the issuance thereof. The Corporation further covenants and agrees that the Corporation will from time to time take all such action as may be requisite to assure that the stated or par value per share of Common Stock is at all times equal to or less than the then effective Warrant Price per share of Common Stock issuable upon exercise of this Warrant. The Corporation further covenants and agrees that the Corporation will at all times have authorized and reserved, free from preemptive rights, a sufficient number of shares of Common Stock to provide for the exercise of the rights represented by this Warrant. The Corporation further covenants and agrees that if any shares of capital stock to be reserved for the purpose of the issuance of shares of Common Stock upon the exercise of this Warrant require registration with or approval of any governmental authority under any Federal or state law before such shares may be validly issued or delivered upon exercise, then the Corporation will in good faith and expeditiously as possible endeavor to secure such registration or approval, as the case may be. If and so long as the Common Stock issuable upon the exercise of the rights represented by this Warrant is listed on any national securities exchange, the Corporation will, if permitted by the rules of such exchange, list and keep listed on such exchange, upon official notice of issuance, all shares of such capital stock.

Appears in 5 contracts

Samples: Interactive Marketing Agreement (Varsitybooks Com Inc), Interactive Marketing Agreement (Varsitybooks Com Inc), Interactive Marketing Agreement (Varsitybooks Com Inc)

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Covenants as to Common Stock. The Corporation Company covenants and agrees ---------------------------- that all shares of Common Stock that may be issued upon the exercise of the rights represented by this Warrant, Warrant will, upon issuance, be validly issued, fully paid and non-assessable nonassessable, and free from all taxes, liens and charges with respect to the issuance issue thereof. The Corporation Company further covenants and agrees that it will pay when due and payable any and all federal and state taxes (not including taxes on or measured by the net income or capital gains of the Holder) which may be payable in respect of the issue of this Warrant or any Common Stock or certificates therefor issuable upon the exercise of this Warrant. The Company further covenants and agrees that the Corporation will from time to time take all such action as may be requisite to assure that the stated or par value per share of Common Stock is at all times equal to or less than the then effective Warrant Price per share of Common Stock issuable upon exercise of this Warrant. The Corporation further covenants and agrees that the Corporation Company will at all times have authorized and reserved, free from preemptive rights, a sufficient number of shares of Common Stock to provide for the exercise of the rights represented by this Warrant. The Corporation Company further covenants and agrees that if any shares of capital stock to be reserved for the purpose of the issuance of shares of Common Stock upon the exercise of this Warrant require registration with or approval of any governmental authority under any Federal federal or state law before such shares may be validly issued or delivered upon exercise, then the Corporation Company will in good faith and as expeditiously as possible endeavor to secure such registration or approval, as the case may be. If and so long as the Common Stock issuable upon the exercise of the rights represented by this Warrant is listed on any national securities exchange, the Corporation Company will, if permitted by the rules of such exchange, list and keep listed on such exchange, upon official notice of issuance, all shares of such capital stockCommon Stock issuable upon exercise of this Warrant.

Appears in 2 contracts

Samples: Stock Subscription Warrant (Curis Inc), Stock Subscription Warrant (Curis Inc)

Covenants as to Common Stock. The Corporation covenants and agrees that all shares of Common Stock that which may be issued upon the exercise of the rights represented by this Warrant, Warrant will, upon issuance, be validly issued, fully paid and non-assessable nonassessable, and free from all taxes, liens and charges with respect to the issuance thereof. The Corporation further covenants and agrees that issue thereof without limiting the generality of the foregoing, the Corporation covenants that it will from time to time take all such action actions as may be requisite to assure that the stated or par value per share value, if any, of the Common Stock is at all times equal to or less than the then effective Warrant Price exercise price per share of Common Stock issuable upon exercise of this Warrant. The Corporation further covenants and agrees that the Corporation will at all times have authorized and reserved, free from preemptive rights, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant. The Corporation further covenants and agrees that if any shares of capital stock Common Stock to be reserved for the purpose of the issuance of shares of Common Stock upon the exercise of this Warrant require registration with or approval of any governmental authority under any Federal or state State law before such shares may be validly issued or delivered upon exercise, then then, the Corporation will in good faith and as expeditiously as possible endeavor to secure such registration or approval, as the case may be. If and so long as the Common Stock issuable upon the exercise of the rights represented by this Warrant is listed on any national securities exchange, the Corporation will, if permitted by the rules of such exchange, list and keep listed on such exchange, upon official notice of issuance, all shares of such capital stockCommon Stock issuable upon exercise of this Warrant.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Gk Intelligent Systems Inc), Common Stock Purchase Warrant (Ziasun Technologies Inc)

Covenants as to Common Stock. The Corporation Company covenants and agrees that all shares of Common Stock that may be issued upon the exercise of the rights represented by this Warrant, willWarrant shall, upon issuance, be validly issued, fully paid and non-assessable nonassessable, and free from all taxes, liens and charges with respect to the issuance issue thereof. The Corporation Company further covenants and agrees that it shall pay when due and payable any and all federal and state taxes (other than any income taxes applicable to the Holder) which may be payable in respect of the issue of this Warrant or any Common Stock or certificates therefor issuable upon the exercise of this Warrant. The Company further covenants and agrees that the Corporation will from time to time take all such action as may be requisite to assure that the stated or par value per share of Common Stock is at all times equal to or less than the then effective Warrant Price per share of Common Stock issuable upon exercise of this Warrant. The Corporation further covenants and agrees that the Corporation will Company shall at all times have authorized and reserved, free from preemptive rights, a sufficient number of shares of Common Stock to provide for the exercise of the rights represented by this Warrant. The Corporation Company further covenants and agrees that if any shares of capital stock to be reserved for the purpose of the issuance of shares of Common Stock upon the exercise of this Warrant require registration with or approval of any governmental authority under any Federal federal or state law before such shares may be validly issued or delivered upon exercise, then the Corporation will Company shall in good faith and as expeditiously as possible endeavor to secure such registration or approval, as the case may be. If and so long as the Common Stock issuable upon the exercise of the rights represented by this Warrant is listed on any national securities exchange, the Corporation willCompany shall, if permitted by the rules of such exchange, use its best efforts to list and keep listed on such exchange, upon official notice of issuance, all shares of such capital stockCommon Stock issuable upon exercise of this Warrant.

Appears in 1 contract

Samples: Warrant Agreement (Rhythms Net Connections Inc)

Covenants as to Common Stock. The Corporation covenants and agrees that all shares of Common Stock that which may be issued upon the exercise of the rights represented by this Warrant, Warrant will, upon issuance, be validly issued, fully paid and non-assessable assessable, and free from all taxes, liens and charges with respect to the issuance thereof. The Corporation further covenants and agrees that issue thereof without limiting the generality of the foregoing, the Corporation covenants that it will from time to time take all such action actions as may be requisite to assure that the stated or par value per share value, if any, of the Common Stock is at all times equal to or less than the then effective Warrant Price exercise price per share of Common Stock issuable upon exercise of this Warrant. The Corporation further covenants and agrees that the Corporation will at all times have authorized and reserved, free from preemptive rights, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant. The Corporation further covenants and agrees that if any shares of capital stock Common Stock to be reserved for the purpose of the issuance of shares of Common Stock upon the exercise of this Warrant require registration with or approval of any governmental authority under any Federal or state State law before such shares may be validly issued or delivered upon exercise, then then, the Corporation will in good faith and as expeditiously as possible endeavor to secure such registration or approval, as the case may be. If and so long as the Common Stock issuable upon the exercise of the rights represented by this Warrant is listed on any national securities exchange, the Corporation will, if permitted by the rules of such exchange, list and keep listed on such exchange, upon official notice of issuance, all shares of such capital stockCommon Stock issuable upon exercise of this Warrant.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Hydrogiene Corp/Nv)

Covenants as to Common Stock. The Corporation covenants and agrees that all shares of Common Stock that may be issued upon the exercise of the rights represented by this Warrant, Warrant will, upon issuance, be validly issued, fully paid and non-assessable assessable, with no personal liability attaching to the ownership thereof, and free from all taxes, liens and charges with respect to the issuance issue thereof. The Corporation further covenants and agrees that Without limiting the generality of the foregoing, the Corporation covenants that it will from time to time take all such other action as may be requisite to assure that the stated or par value per share of the Common Stock is at all times equal to or less than the then effective Warrant Price per share of the Common Stock issuable upon exercise of this Warrant. The Corporation further covenants and agrees that the Corporation will at all times have authorized and reserved, free from preemptive rights, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant. The Corporation further covenants and agrees that if any shares of capital stock to be reserved for the purpose of the issuance of shares of Common Stock upon the exercise of this Warrant require registration with or approval of any governmental authority under any Federal federal or state law before such shares may be validly issued or delivered upon exercise, then the Corporation will in good faith and as expeditiously as possible endeavor to secure such registration or approval, as the case may be. If and so as long as the Common Stock issuable upon the exercise of the rights represented by this Warrant is listed on any national securities exchange, the Corporation will, if permitted by the rules of such exchange, list and keep listed on such exchange, upon official notice of issuance, all shares of such capital stockCommon Stock issuable upon exercise of this Warrant.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Website Pros Inc)

Covenants as to Common Stock. The Corporation Company covenants and agrees ---------------------------- that all shares of Common Stock that may be issued upon the exercise of the rights represented by this Warrant, Warrant will, upon issuance, be validly issued, fully paid and non-assessable nonassessable, and free from all taxes, liens and charges with respect to the issuance issue thereof. The Corporation Company further covenants and agrees that it will pay when due and payable any and all federal and state taxes (not including taxes on or measured by the net income or capital gains of the Holder) which may be payable in respect of the issue of this Warrant or any Common Stock or certificates therefor issuable upon the exercise of this Warrant. The Company further covenants and agrees that the Corporation will from time to time take all such action as may be requisite to assure that the stated or par value per share of Common Stock is at all times equal to or less than the then effective Warrant Price per share of Common Stock issuable upon exercise of this Warrant. The Corporation further covenants and agrees that the Corporation Company will at all times have authorized and reserved, free from preemptive rights, a sufficient number of shares of Common Stock to provide for the exercise of the rights represented by this Warrant. The Corporation Company further covenants and agrees that if any shares of capital stock to be reserved for the purpose of the issuance of shares of Common Stock upon the exercise of this Warrant require registration with or approval of any governmental authority under any Federal federal or state law before such shares may be he validly issued or delivered upon exercise, then the Corporation Company will in good faith and as expeditiously as possible endeavor to secure such registration or approval, as the case may be. If and so long as the Common Stock issuable upon the exercise of the rights represented by this Warrant is listed on any national securities exchange, the Corporation Company will, if permitted by the rules of such exchange, list and keep listed on such exchange, upon official notice of issuance, all shares of such capital stockCommon Stock issuable upon exercise of this Warrant.

Appears in 1 contract

Samples: Stock Subscription Warrant (Curis Inc)

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Covenants as to Common Stock. The Corporation covenants and agrees that all shares of Common Stock that may be issued upon the exercise of the rights represented by this Warrant, will, upon issuance, be validly issued, fully paid and non-non- assessable and free from all taxes, liens and charges with respect to the issuance thereof. The Corporation further covenants and agrees that the Corporation will from time to time take all such action as may be requisite to assure that the stated or par value per share of Common Stock is at all times equal to or less than the then effective Warrant Price per share of Common Stock issuable upon exercise of this Warrant. The Corporation further covenants and agrees that the Corporation will at all times have authorized and reserved, free from preemptive rights, a sufficient number of shares of Common Stock to provide for the exercise of the rights represented by this Warrant. The Corporation further covenants and agrees that if any shares of capital stock to be reserved for the purpose of the issuance of shares of Common Stock upon the exercise of this Warrant require registration with or approval of any governmental authority under any Federal or state law before such shares may be validly issued or delivered upon exercise, then the Corporation will in good faith and expeditiously as possible endeavor to secure such registration or approval, as the case may be. If and so long as the Common Stock issuable upon the exercise of the rights represented by this Warrant is listed on any national securities exchange, the Corporation will, if permitted by the rules of such exchange, list and keep listed on such exchange, upon official notice of issuance, all shares of such capital stock.

Appears in 1 contract

Samples: Product Promotion Agreement (Varsitybooks Com Inc)

Covenants as to Common Stock. The Corporation Company covenants and agrees that ---------------------------- all shares of Common Stock that may be issued upon the exercise of the rights represented by this Warrant, Warrant will, upon issuance, be validly issued, fully paid and non-assessable nonassessable, and free from all taxes, liens and charges with respect to the issuance issue thereof. The Corporation Company further covenants and agrees that it will pay when due and payable any and all federal and state taxes which may be payable in respect of the issue of this Warrant or any Common Stock or certificates therefor issuable upon the exercise of this Warrant, subject to a maximum of $3,000. The Company further covenants and agrees that the Corporation will from time to time take all such action as may be requisite to assure that the stated or par value per share of Common Stock is at all times equal to or less than the then effective Warrant Price per share of Common Stock issuable upon exercise of this Warrant. The Corporation further covenants and agrees that the Corporation Company will at all times have authorized and reserved, free from preemptive rights, a sufficient number of shares of Common Stock to provide for the exercise of the rights represented by this Warrant. The Corporation Company further covenants and agrees that if any shares of capital stock to be reserved for the purpose of the issuance of shares of Common Stock upon the exercise of this Warrant require registration with or approval of any governmental authority under any Federal federal or state law before such shares may be validly issued or delivered upon exercise, then the Corporation Company will in good faith and as expeditiously as possible endeavor to secure such registration or approval, as the case may be. If and so long as the Common Stock issuable upon the exercise of the rights represented by this Warrant is listed on any national securities exchange, the Corporation Company will, if permitted by the rules of such exchange, list and keep listed on such exchange, upon official notice of issuance, all shares of such capital stockCommon Stock issuable upon exercise of this Warrant.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Cardima Inc)

Covenants as to Common Stock. The Corporation Company covenants and agrees that ---------------------------- all shares of Common Stock that may be issued upon the exercise of the rights represented by this Warrant, Warrant will, upon issuance, be validly issued, fully paid and non-assessable nonassessable, and free from all taxes, liens (except those imposed by the holder) and charges with respect to the issuance issue thereof. The Corporation Company further covenants and agrees that it will pay when due and payable any and all federal and state taxes which may be payable in respect of the issue of this Warrant or any Common Stock or certificates therefor issuable upon the exercise of this Warrant. The Company further covenants and agrees that the Corporation will from time to time take all such action as may be requisite to assure that the stated or par value per share of Common Stock is at all times equal to or less than the then effective Warrant Price per share of Common Stock issuable upon exercise of this Warrant. The Corporation further covenants and agrees that the Corporation Company will at all times have authorized and reserved, free from preemptive rights, a sufficient number of shares of Common Stock to provide for the exercise of the rights represented by this Warrant. The Corporation Company further covenants and agrees that if any shares of capital stock to be reserved for the purpose of the issuance of shares of Common Stock upon the exercise of this Warrant require registration with or approval of any governmental authority under any Federal federal or state law before such shares may be validly issued or delivered upon exercise, then the Corporation Company will in good faith and as expeditiously as possible endeavor to secure such registration or approval, as the case may be. If and so long as the Common Stock issuable upon the exercise of the rights represented by this Warrant is listed on any national securities exchange, the Corporation Company will, if permitted by the rules of such exchange, list and keep listed on such exchange, upon official notice of issuance, all shares of such capital stockCommon Stock issuable upon exercise of this Warrant.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Keravision Inc /Ca/)

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