Common use of No Exercise Interference; Par Value Clause in Contracts

No Exercise Interference; Par Value. The Corporation shall not close its books against the transfer of any Warrant or of any Warrant Shares issued or issuable upon the exercise of any Warrant in any manner which interferes with the timely exercise of any Warrant. The Corporation shall from time to time take all such action as may be necessary to assure that the par value per share of the unissued Warrant Shares acquirable upon exercise of the Warrants is at all times equal to or less than the Warrant Price then in effect.

Appears in 3 contracts

Samples: Warrant Agreement (Corning Natural Gas Corp), Warrant Agreement (Corning Natural Gas Corp), Warrant Agreement (Corning Natural Gas Corp)

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No Exercise Interference; Par Value. The Corporation Other than in accordance with Section 6.2, the Company shall not close its books against the transfer of any this Warrant or of any Warrant Shares issued or issuable upon the exercise of any this Warrant in any manner which interferes with the timely exercise of any this Warrant. The Corporation Company shall from time to time take all such action as may be necessary to assure that the par value per share of the unissued Warrant Shares acquirable upon exercise of the Warrants this Warrant is at all times equal to or less than the Warrant Price then in effect.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Ddi Corp), Standby Securities Purchase Agreement (Ddi Corp)

No Exercise Interference; Par Value. The Corporation Company shall not close its books against the transfer of any this Warrant or of any Warrant Shares issued or issuable upon the exercise of any this Warrant in any manner which interferes with the timely exercise of any this Warrant. The Corporation Company shall from time to time take all such action as may be necessary to assure that the par value per share of the unissued Warrant Shares acquirable upon exercise of the Warrants this Warrant is at all times equal to or less than the Warrant Price then in effect.

Appears in 2 contracts

Samples: Warrant Agreement (Orbimage Inc), Warrant Agreement (Orbimage Inc)

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No Exercise Interference; Par Value. The Corporation Company shall not close its books against the transfer of any Warrant or of any Warrant Shares issued or issuable upon the exercise of any Warrant in any manner which interferes with the timely exercise of any Warrant. The Corporation Company shall from time to time take all such action as may be necessary to assure that the par value per share of the unissued Warrant Shares acquirable upon exercise of the Warrants is at all times equal to or less than the Warrant Price then in effect.

Appears in 1 contract

Samples: Warrant Agreement (Orbimage Inc)

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