Common use of Listing; Reservation Clause in Contracts

Listing; Reservation. (a) So long as the Investors or their respective Affiliates Beneficially Own any Securities, the Company shall use its best efforts to ensure that the shares of Common Stock continue to be quoted on the NASDAQ Stock Market; provided, however, this Section 6.2(a) shall not restrict the Company from engaging in any reclassification, capital reorganization or other change in the outstanding shares of Common Stock or any consolidation or merger of the Company with or into another corporation or any other transaction in which the stockholders of the Company are required to exchange their shares of Common Stock for stock or other securities of the Company or any other Person. "

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Pricesmart Inc), Preferred Stock Purchase Agreement (Price Group LLC)

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Listing; Reservation. (a) So long as the Investors or their respective Affiliates Beneficially Own any Securities, the Company shall use its best efforts to ensure that the shares of Common Stock continue to be quoted on the NASDAQ Stock Market; provided, however, this Section 6.2(a) shall not restrict the Company from engaging in any reclassification, capital reorganization or other change in the outstanding shares of Common Stock or any consolidation or merger of the Company with or into another corporation or any other transaction in which the stockholders of the Company are required to exchange their shares of Common Stock for stock or other securities of the Company or any other Person. "β€œ

Appears in 1 contract

Samples: Series B Preferred Stock Purchase Agreement (Pricesmart Inc)

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Listing; Reservation. (a) So long as the Investors Investor or their respective its Affiliates Beneficially Own Owns any Securities, the Company shall use its best efforts to ensure that the shares of Common Stock continue to be quoted on the NASDAQ Stock Market; provided, however, this Section 6.2(a6.4(a) shall not restrict the Company from engaging in any reclassification, capital reorganization or other change in the outstanding shares of Common Stock or any consolidation or merger of the Company with or into another corporation or any other transaction in which the stockholders of the Company are required to exchange their shares of Common Stock for stock or other securities of the Company or any other Person. ".

Appears in 1 contract

Samples: Preferred Stock and Warrant Purchase Agreement (Pricesmart Inc)

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