Issue of Underlying Securities Sample Clauses

Issue of Underlying Securities. The Corporation will cause the Underlying Securities to be issued pursuant to the Subscription Receipts and the certificates representing such Underlying Securities to be issued in accordance with the provisions of this Agreement and all Underlying Shares that are issued pursuant to the Subscription Receipts will be fully paid and non-assessable Common Shares of the Corporation and all Warrants that are issued pursuant to the Subscription Receipts will be duly and validly created and issued.
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Issue of Underlying Securities. The Company will cause the Underlying Securities from time to time issued pursuant to the conversion of the Special Warrants, and the certificates representing such Underlying Securities, to be issued and delivered in accordance with the provisions of this Indenture and the terms hereof and all Common Shares and Warrants that are issued on the conversion of the Special Warrants will be fully paid and non-assessable shares and warrants respectively.
Issue of Underlying Securities. The Corporation will cause the Underlying Securities to be issued pursuant to the conversion of the Subscription Receipts and the certificates representing such Underlying Securities to be issued in accordance with the provisions of this Agreement and all Underlying Shares and Warrant Shares that are issued pursuant to the conversion of the Subscription Receipts and the exercise of the Warrants will be fully paid and non-assessable Common Shares of the Corporation and all Warrants that are issued pursuant to the Subscription Receipts will be duly and validly created and issued pursuant to the Warrant Indenture.
Issue of Underlying Securities. The Corporation will cause the Underlying Securities to be issued pursuant to the exercise of the Subscription Receipts and the certificates representing such Underlying Securities to be issued and delivered in accordance with the provisions of this Agreement and all Underlying Shares and Underlying Warrant Shares that are issued on the exercise of the Subscription Receipts and the exercise of the Underlying Warrants will be fully paid and non-assessable Common Shares of the Corporation and all Underlying Warrants that are issued on the exercise of the Subscription Receipts will be duly and validly created and issued pursuant to the Warrant Indenture.

Related to Issue of Underlying Securities

  • The Underlying Securities Upon issuance and delivery of the Securities in accordance with this Agreement and the Indenture, the Securities will be convertible at the option of the holder thereof into shares of the Underlying Securities in accordance the terms of the Securities; the Underlying Securities reserved for issuance upon conversion of the Securities have been duly authorized and reserved and, when issued upon conversion of the Securities in accordance with the terms of the Securities, will be validly issued, fully paid and non-assessable, and the issuance of the Underlying Securities will not be subject to any preemptive or similar rights.

  • Underlying Securities The Company will reserve and keep available at all times, free of pre-emptive rights, shares of Common Stock for the purpose of enabling the Company to satisfy all obligations to issue the Underlying Securities upon conversion of the Securities. The Company will use its best efforts to cause the Underlying Securities to be listed on the Exchange.

  • Reservation of Underlying Shares The Company covenants that it will at all times reserve and keep available out of the aggregate of its authorized but unissued and otherwise unreserved Common Stock, solely for the purpose of enabling it to issue Underlying Shares as required hereunder, the number of Underlying Shares which are then issuable and deliverable upon the conversion of (and otherwise in respect of) this entire Note (taking into account the adjustments of Section 11), free from preemptive rights or any other contingent purchase rights of persons other than the Investor. The Company covenants that all Underlying Shares so issuable and deliverable shall, upon issuance in accordance with the terms hereof, be duly and validly authorized, issued and fully paid and nonassessable.

  • Additional Securities If such Pledgor shall receive by virtue of its being, becoming or having been the owner of any Pledged Collateral, any (i) certificate, including without limitation, any certificate representing a dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of shares or membership or equity interests, stock splits, spin-off or split-off, promissory notes or other instrument; (ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in securities; or (iv) distributions of securities or other equity interests in connection with a partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, such Pledgor shall receive such certificate, instrument, option, right or distribution in trust for the benefit of the Administrative Agent, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Administrative Agent in the exact form received together with any necessary endorsement and/or appropriate stock power duly executed in blank, substantially in the form provided in Exhibit 4(a), to be held by the Administrative Agent as Pledged Collateral and as further collateral security for the Secured Obligations.

  • Listing of Underlying Shares and Related Matters If the Company applies to have its Common Stock or other securities traded on any stock exchange or market, it shall include in such application the Shares and the Warrant Shares and will take such other action as is necessary to cause such Common Stock to be so listed. Thereafter, the Company will use commercially reasonable efforts to continue the listing and trading of its Common Stock on such exchange or market and, in accordance, therewith, will use commercially reasonable efforts to comply in all respects with the Company’s reporting, filing and other obligations under the bylaws or rules of such exchange or market, as applicable.

  • Prior Securities Transactions No securities of the Company have been sold by the Company or by or on behalf of, or for the benefit of, any person or persons controlling, controlled by, or under common control with the Company since the date of the Company’s formation, except as disclosed in the Registration Statement.

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