Common use of Obligations With Respect to Capital Stock Clause in Contracts

Obligations With Respect to Capital Stock. (a) Except as set forth in Section 2.2, there are no equity securities of any class of the Company, or any security convertible or exchangeable into or exercisable for such equity securities, issued, reserved for issuance, or outstanding. Except for securities the Company owns, directly or indirectly through one or more subsidiaries, there are no equity securities of any class of any subsidiary of the Company, or any security convertible or exchangeable into or exercisable for such equity securities, issued, reserved for issuance, or outstanding. Except as set forth in Section 2.2, there are no options, warrants, equity securities, calls, rights, commitments, or agreements of any character to which the Company or any of its subsidiaries is a party or by which it is bound obligating the Company or any of its subsidiaries to issue, deliver, or sell, or cause to be issued, delivered, or sold, additional shares of capital stock of the Company or any of its subsidiaries or obligating the Company or any of its subsidiaries to grant, extend, accelerate the vesting of, or enter into any such option, warrant, equity security, call, right, commitment, or agreement. (b) There are no registration rights, and there is no voting trust, proxy, rights agreement, "poison pill" anti-takeover plan or other agreement or understanding to which the Company or any of its subsidiaries is a party or by which it or any of its subsidiaries is bound with respect to any security of any class of the Company or with respect to any security, partnership interest, or similar ownership interest of any class of any of its subsidiaries. The execution and delivery of this Agreement by the Company, the performance by the Company of its obligations hereunder, and consummation by the Company of the transactions contemplated by this Agreement will not, alone or together with any other event, nor has any event occurred that would, (i) entitle any Person to any payment under any security, option, warrant, call, right, commitment, or agreement of the Company, or (ii) result in an acceleration of vesting, a change in post-service exercisability period, or an adjustment to the exercise price or number of shares issuable upon exercise of any security, option, warrant, call, right, commitment, or agreement of the Company.

Appears in 3 contracts

Samples: Merger Agreement (Phazar Corp), Merger Agreement (Phazar Corp), Merger Agreement (Ydi Wireless Inc)

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Obligations With Respect to Capital Stock. (a) Except as set forth in Section 2.23.2, there are no equity securities of any class of the CompanyParent, or any security convertible or exchangeable into or exercisable for such equity securities, issued, reserved for issuance, or outstanding. Except for securities the Company Parent owns, directly or indirectly through one or more subsidiaries, there are no equity securities of any class of any subsidiary of the CompanyParent, or any security convertible or exchangeable into or exercisable for such equity securities, issued, reserved for issuance, or outstanding. Except as set forth in Section 2.23.2, there are no options, warrants, equity securities, calls, rights, commitments, or agreements of any character to which the Company Parent or any of its subsidiaries is a party or by which it is bound obligating the Company Parent or any of its subsidiaries to issue, deliver, or sell, or cause to be issued, delivered, or sold, additional shares of capital stock of the Company Parent or any of its subsidiaries or obligating the Company Parent or any of its subsidiaries to grant, extend, accelerate the vesting of, of or enter into any such option, warrant, equity security, call, right, commitment, or agreement. (b) There Except as contemplated by this Agreement, there are no registration rights, and there is no voting trust, proxy, rights agreement, "poison pill" anti-takeover plan plan, or other agreement or understanding to which the Company Parent or any of its subsidiaries is a party or by which it or any of its subsidiaries is bound with respect to any security of any class of the Company Parent or with respect to any security, partnership interest, or similar ownership interest of any class of any of its subsidiaries. The execution and delivery of this Agreement by the CompanyParent and Merger Sub, the performance by the Company Parent and Merger Sub of its their obligations hereunder, and consummation by the Company Parent and Merger Sub of the transactions contemplated by this Agreement will not, alone or together with any other event, nor has any event occurred that would, (i) entitle any Person to any payment under any security, option, warrant, call, right, commitment, or agreement of the Company, Parent or Merger Sub or (ii) result in an acceleration of vesting, a change in post-service exercisability period, or an adjustment to the exercise price or number of shares issuable upon exercise of any security, option, warrant, call, right, commitment, or agreement of the CompanyParent or Merger Sub.

Appears in 3 contracts

Samples: Merger Agreement (Phazar Corp), Merger Agreement (Phazar Corp), Merger Agreement (Ydi Wireless Inc)

Obligations With Respect to Capital Stock. (a) Except as set forth in Section 2.2, there are no equity securities of any class of the Company, or any security convertible or exchangeable into or exercisable for such equity securities, issued, reserved for issuance, issuance or outstanding. Except for securities the Company owns, directly or indirectly through one or more subsidiaries, there are no equity securities of any class of any subsidiary of the Company, or any security convertible or exchangeable into or exercisable for such equity securities, issued, reserved for issuance, issuance or outstanding. Except as set forth in Section 2.2, there are no options, warrants, equity securities, calls, rights, commitments, commitments or agreements of any character to which the Company or any of its subsidiaries is a party or by which it is bound obligating the Company or any of its subsidiaries to issue, deliver, deliver or sell, or cause to be issued, delivered, delivered or sold, additional shares of capital stock of the Company or any of its subsidiaries or obligating the Company or any of its subsidiaries to grant, extend, accelerate the vesting of, of or enter into any such option, warrant, equity security, call, right, commitment, commitment or agreement.; (b) There Except as contemplated by this Agreement and the Company Rights Agreement, there are no registration rights, and there is no voting trust, proxy, rights agreement, "poison pill" anti-takeover plan or other agreement or understanding to which the Company or any of its subsidiaries is a party or by which it or any of its subsidiaries is bound with respect to any security of any class of the Company or with respect to any security, partnership interest, interest or similar ownership interest of any class of any of its subsidiaries. The execution and delivery of this Agreement by the Company, the performance by the Company of its obligations hereunder, hereunder and consummation by the Company of the transactions contemplated by this Agreement will not, alone or together with any other event, nor has any event occurred that would, (i) entitle any Person to any payment under any security, option, warrant, call, right, commitment, commitment or agreement of the Company, or (ii) other than as contemplated by Section 5.12 hereof, result in an acceleration of vestingvesting (other than a standard acceleration of vesting of 50% of the then-unvested shares under an option), a change in post-service exercisability period, or an adjustment to the exercise price or number of shares issuable upon exercise of any security, option, warrant, call, right, commitment, commitment or agreement of the Company.

Appears in 2 contracts

Samples: Merger Agreement (P Com Inc), Merger Agreement (Telaxis Communications Corp)

Obligations With Respect to Capital Stock. (a) Except as set forth in Section 2.23.2, there are no equity securities of any class of the CompanyParent, or any security convertible or exchangeable into or exercisable for such equity securities, issued, reserved for issuance, issuance or outstanding. Except for securities the Company Parent owns, directly or indirectly through one or more subsidiaries, there are no equity securities of any class of any subsidiary of the CompanyParent, or any security convertible or exchangeable into or exercisable for such equity securities, issued, reserved for issuance, issuance or outstanding. Except as set forth in Section 2.23.2, there are no options, warrants, equity securities, calls, rights, commitments, commitments or agreements of any character to which the Company Parent or any of its subsidiaries is a party or by which it is bound obligating the Company Parent or any of its subsidiaries to issue, deliver, deliver or sell, or cause to be issued, delivered, delivered or sold, additional shares of capital stock of the Company Parent or any of its subsidiaries or obligating the Company Parent or any of its subsidiaries to grant, extend, accelerate the vesting of, of or enter into any such option, warrant, equity security, call, right, commitment, commitment or agreement. (b) There Except as contemplated by this Agreement and the Parent Rights Agreement, there are no registration rightsrights (except under registration rights agreements for which resale registration statements have already been filed), and there is no voting trust, proxy, rights agreement, "poison pill" anti-takeover plan or other agreement or understanding to which the Company Parent or any of its subsidiaries is a party or by which it or any of its subsidiaries is bound with respect to any security of any class of the Company Parent or with respect to any security, partnership interest, interest or similar ownership interest of any class of any of its subsidiaries. The execution and delivery of this Agreement by the CompanyParent and Merger Sub, the performance by the Company Parent and Merger Sub of its their obligations hereunder, hereunder and consummation by the Company Parent and Merger Sub of the transactions contemplated by this Agreement will not, alone or together with any other event, nor has any event occurred that would, (i) entitle any Person to any payment under any security, option, warrant, call, right, commitment, commitment or agreement of the CompanyParent or Merger Sub, or (ii) result in an acceleration of vesting, a change in post-service exercisability period, or an adjustment to the exercise price or number of shares issuable upon exercise of any security, option, warrant, call, right, commitment, commitment or agreement of the CompanyParent or Merger Sub.

Appears in 2 contracts

Samples: Merger Agreement (P Com Inc), Merger Agreement (Telaxis Communications Corp)

Obligations With Respect to Capital Stock. (a) Except as set forth in Section 2.23.2, there are no equity securities of any class of the Company, or any security convertible or exchangeable into or exercisable for such equity securities, issued, reserved for issuance, or outstanding. Except for securities the Company owns, directly or indirectly through one or more subsidiaries, there are no equity securities of any class of any subsidiary of the Company, or any security convertible or exchangeable into or exercisable for such equity securities, issued, reserved for issuance, or outstanding. Except as set forth in Section 2.23.2, there are no options, warrants, equity securities, calls, rights, commitments, or agreements of any character to which the Company or any of its subsidiaries is a party or by which it is bound obligating the Company or any of its subsidiaries to issue, deliver, or sell, or cause to be issued, delivered, or sold, additional shares of capital stock of the Company or any of its subsidiaries or obligating the Company or any of its subsidiaries to grant, extend, accelerate the vesting of, or enter into any such option, warrant, equity security, call, right, commitment, or agreement. (b) There are no registration rights, and there is no voting trust, proxy, rights agreement, "poison pill" anti-takeover plan or other agreement or understanding to which the Company or any of its subsidiaries is a party or by which it or any of its subsidiaries is bound with respect to any security of any class of the Company or with respect to any security, partnership interest, or similar ownership interest of any class of any of its subsidiaries. The execution and delivery of this Agreement by the Company, the performance by the Company of its obligations hereunder, and consummation by the Company of the transactions contemplated by this Agreement will not, alone or together with any other event, nor has any event occurred that would, (i) entitle any Person to any payment under or for any security, option, warrant, call, right, commitment, or agreement of the Company, Company or (ii) result in an acceleration of vesting, a change in post-service exercisability period, or an adjustment to the exercise price or number of shares issuable upon exercise of any security, option, warrant, call, right, commitment, or agreement of the Company.

Appears in 1 contract

Samples: Merger Agreement (Ydi Wireless Inc)

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Obligations With Respect to Capital Stock. (a) Except as set forth in Section 2.2, there are no equity securities of any class of the Company, or any security convertible or exchangeable into or exercisable for such equity securities, issued, reserved for issuance, or outstanding. Except for securities the Company owns, directly or indirectly through one or more subsidiaries, there are no equity securities of any class of any subsidiary of the Company, or any security convertible or exchangeable into or exercisable for such equity securities, issued, reserved for issuance, or outstanding. Except as set forth in Section 2.2, there are no options, warrants, equity securities, calls, rights, commitments, or agreements of any character to which the Company or any of its subsidiaries is a party or by which it is bound obligating the Company or any of its subsidiaries to issue, deliver, or sell, or cause to be issued, delivered, or sold, additional shares of capital stock of the Company or any of its subsidiaries or obligating the Company or any of its subsidiaries to grant, extend, accelerate the vesting of, or enter into any such option, warrant, equity security, call, right, commitment, or agreement. (b) There are no registration rights, and there is no voting trust, proxy, rights agreement, "poison pill" anti-takeover plan or other agreement or understanding to which the Company or any of its subsidiaries is a party or by which it or any of its subsidiaries is bound with respect to any security of any class of the Company or with respect to any security, partnership interest, or similar ownership interest of any class of any of its subsidiaries. The execution and delivery of this Agreement by the Company, the performance by the Company of its obligations hereunder, and consummation by the Company of the transactions contemplated by this Agreement will not, alone or together with any other event, nor has any event occurred that would, (i) entitle any Person to any payment under or for any security, option, warrant, call, right, commitment, or agreement of the Company, Company or (ii) result in an acceleration of vesting, a change in post-service exercisability period, or an adjustment to the exercise price or number of shares issuable upon exercise of any security, option, warrant, call, right, commitment, or agreement of the Company.

Appears in 1 contract

Samples: Merger Agreement (Ydi Wireless Inc)

Obligations With Respect to Capital Stock. (a) Except as set ----------------------------------------- forth in Section 2.23.2 hereof, there are no equity securities securities, partnership interests or similar ownership interests of any class of the CompanyCompany equity security, or any security securities exchangeable or convertible or exchangeable into or exercisable for such equity securities, partnership interests or similar ownership interests, issued, reserved for issuance, issuance or outstanding, in any such case issued by the Company. Except for The Company owns all of the securities of its subsidiaries identified in Section 3.1 of the Company ownsDisclosure Schedule, directly or indirectly through one or more subsidiariesfree and clear of all ----------- Encumbrances (as defined below), and there are no other equity securities securities, partnership interests or similar ownership interests of any class of equity security of any subsidiary of the Company, or any security exchangeable or convertible or exchangeable into or exercisable for such equity securities, partnership interests or similar ownership interests, issued, reserved for issuance, issuance or outstanding, in any such case issued by any such subsidiary. For purposes of this Agreement, "Encumbrances" means any lien, pledge, hypothecation, charge, ------------ mortgage, security interest, encumbrance, claim, infringement, interference, option, right of first refusal, preemptive right, community property interest or restriction of any nature (including any restriction on the voting of any security, any restriction on the transfer of any security (except under Federal and state securities laws) or other asset, any restriction on the receipt of any income derived from any asset, any restriction on the use of any asset and any restriction on the possession, exercise or transfer of any other attribute of ownership of any asset). Except as set forth in Section 2.2pursuant to the Transaction Option Agreement and Company Options, there are no subscriptions, options, warrants, equity securities, partnership interests or similar ownership interests, calls, rights (including preemptive rights), commitments, commitments or agreements of any character to which the Company or any of its subsidiaries is a party or by which it is bound obligating the Company or any of its subsidiaries to issue, deliver, deliver or sell, or cause to be issued, delivered, delivered or sold, additional or repurchase, redeem or otherwise acquire, or cause the repurchase, redemption or acquisition of, any shares of capital stock stock, partnership interests or similar ownership interests of the Company or any of its subsidiaries or obligating the Company or any of its subsidiaries to grant, extend, accelerate the vesting of, of or enter into any such subscription, option, warrant, equity security, call, right, commitment, commitment or agreement. (b) There . Except as set forth in Schedule 3.3 of the ------------ Company Disclosure Schedule, there are no registration rights, and there is no voting trust, proxy, rights agreement, "poison pill" anti-takeover plan or other agreement or understanding to which the Company or any of its subsidiaries is a party or by which it or any of its subsidiaries is bound with respect to any equity security of any class of the Company or with respect to any equity security, partnership interest, interest or similar ownership interest of any class of any of its subsidiaries. The execution and delivery of this Agreement by the Company, the performance by the Company of its obligations hereunder, and consummation by the Company of the transactions contemplated by this Agreement will not, alone or together with any other event, nor has any event occurred that would, (i) entitle any Person to any payment under any security, option, warrant, call, right, commitment, or agreement of the Company, or (ii) result in an acceleration of vesting, a change in post-service exercisability period, or an adjustment to the exercise price or number of shares issuable upon exercise of any security, option, warrant, call, right, commitment, or agreement of the Company.

Appears in 1 contract

Samples: Merger Agreement (Agfa Corp)

Obligations With Respect to Capital Stock. (a) Except as set forth in Section 2.2, there are no equity securities of any class of the Company, or any security convertible or exchangeable into or exercisable for such equity securities, issued, reserved for issuance, or outstanding. Except for securities the Company owns, directly or indirectly through one or more subsidiaries, there are no equity securities of any class of any subsidiary of the Company, or any security convertible or exchangeable into or exercisable for such equity securities, issued, reserved for issuance, or outstanding. Except as set forth in Section 2.2, there are no options, warrants, equity securities, calls, rights, commitments, or agreements of any character to which the Company or any of its subsidiaries is a party or by which it is bound obligating the Company or any of its subsidiaries to issue, deliver, deliver or sell, or cause to be issued, delivered, delivered or sold, additional shares of capital stock of the Company or any of its subsidiaries or obligating the Company or any of its subsidiaries to grant, extend, accelerate the vesting of, or enter into any such option, warrant, equity security, call, right, commitment, or agreement. (b) There are no registration rights, and there is no voting trust, proxy, rights agreement, "poison pill" anti-takeover plan plan, or other agreement or understanding to which the Company or any of its subsidiaries is a party or by which it or any of its subsidiaries is bound with respect to any security of any class of the Company or with respect to any security, partnership interest, or similar ownership interest of any class of any of its subsidiaries. The execution and delivery of this Agreement by the Company, the performance by the Company of its obligations hereunder, and consummation by the Company of the transactions contemplated by this Agreement will not, alone or together with any other event, nor has any event occurred that would, (i) entitle any Person to any payment under any security, option, warrant, call, right, commitment, or agreement of the Company, Company or (ii) result in an acceleration of vesting, a change in post-service exercisability period, or an adjustment to the exercise price or number of shares issuable upon exercise of any security, option, warrant, call, right, commitment, or agreement of the Company.

Appears in 1 contract

Samples: Merger Agreement (Telaxis Communications Corp)

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