Common use of Failure To Authorize And Reserve Common Stock Clause in Contracts

Failure To Authorize And Reserve Common Stock. A Share Authorization Failure occurs under Section 7 hereof, and such Share Authorization Failure remains uncured for a period of more than twenty (20) days. (a “Share Reservation Default”);

Failure To Authorize And Reserve Common Stock. A Share Authorization Failure (as defined in Section 7(k) of the Debenture) occurs under Section 7 hereof, and such Share Authorization Failure remains uncured for a period of more than twenty sixty (2060) days. (a “Share Reservation Default”);

Failure To Authorize And Reserve Common Stock. A Share Authorization Failure (as defined in Section 12(k) of the Certificate of Designation) occurs under Section 7 hereof, and such Share Authorization Failure remains uncured for a period of more than twenty sixty (2060) days. (a “Share Reservation Default”);