Common use of Increase in Authorized Share Capital Clause in Contracts

Increase in Authorized Share Capital. Each Shareholder agrees to vote all of its Shares from time to time and at all times, in whatever manner shall be necessary to authorize an increase in the authorized share capital of the Company so that there will be sufficient Ordinary Shares available for conversion of all of the then-outstanding Preferred Shares at any time that an adjustment to the relevant conversion price with respect to the Preferred Shares is made under the Articles.

Appears in 7 contracts

Samples: Shareholder Agreement (Burning Rock Biotech LTD), Shareholder Agreement (Burning Rock Biotech LTD), Shareholder Agreement (Burning Rock Biotech LTD)

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Increase in Authorized Share Capital. Each Shareholder agrees to vote all of its Shares shares from time to time and at all times, in whatever manner shall be necessary to authorize an increase in the authorized share capital of the Company so that there will be sufficient Ordinary Common Shares available for conversion of all of the then-outstanding Preferred Shares at any time that an adjustment to the relevant conversion price with respect to the Preferred Shares is made under the Articles.

Appears in 2 contracts

Samples: Investors' Rights Agreement, Investors' Rights Agreement (YY Inc.)

Increase in Authorized Share Capital. Each Shareholder agrees to vote all of its Shares from time to time and at all times, in whatever manner shall be necessary to authorize an increase in the authorized share capital of the Company and the Company shall at all times reserve and keep available out of its authorized but unissued Ordinary Shares such number of its Ordinary Shares so that there will be sufficient Ordinary Shares available for conversion of all of the then-outstanding Preferred Shares at any time that an adjustment to the relevant conversion price with respect to the Preferred Shares is made under the Articles.

Appears in 1 contract

Samples: Shareholder Agreement (TuSimple Holdings Inc.)

Increase in Authorized Share Capital. Each Shareholder agrees to vote all of its Shares from time to time and at all times, in whatever manner shall be necessary to authorize an increase in the authorized share capital of the Company so that there will be sufficient Ordinary Shares available for conversion of all of the then-outstanding Preferred Shares and any other convertible securities of the Company at any time that an adjustment to the relevant conversion price with respect to the Preferred Shares is made under the Articles.

Appears in 1 contract

Samples: Shareholder Agreement (Phoenix Tree Holdings LTD)

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Increase in Authorized Share Capital. Each Shareholder agrees to vote all of its Shares from time to time and at all times, in whatever manner shall be necessary to authorize an increase in the authorized share capital of the Company so that there will be sufficient Ordinary Shares available for conversion of all of the then-outstanding Preferred Preference Shares at any time that an adjustment to the relevant conversion price with respect to the Preferred Preference Shares is made under the ArticlesMemorandum and Articles of Association.

Appears in 1 contract

Samples: Shareholders Agreement (58.com Inc.)

Increase in Authorized Share Capital. Each Shareholder agrees to vote all of his, her or its Shares Equity Securities from time to time and at all times, in whatever manner shall as may be necessary to authorize an increase in the authorized share capital of the Company so that there will be sufficient number of Ordinary Shares available for conversion of all of the then-outstanding Preferred Shares at any time that an following each adjustment to the relevant conversion price with respect to the of any Preferred Shares is made Share under the Restated Articles.

Appears in 1 contract

Samples: Shareholder Agreement (Dingdong (Cayman) LTD)

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