Common use of Required Reserve Amount Clause in Contracts

Required Reserve Amount. So long as this Warrant remains outstanding, the Company shall at all times keep reserved for issuance under this Warrant a number of Common Shares at least equal to 100% of the maximum number of Common Shares as shall be necessary to satisfy the Company’s obligation to issue Common Shares under this Warrant (the “Required Reserve Amount”).

Appears in 2 contracts

Samples: Loan Agreement (Globus Maritime LTD), Loan Agreement (Globus Maritime LTD)

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Required Reserve Amount. So long as this Warrant remains outstanding, the Company shall at all times keep reserved for issuance under this Warrant a number of shares of Common Shares Stock at least equal to 100% of the maximum number of shares of Common Shares Stock as shall be necessary to satisfy the Company’s obligation to issue shares of Common Shares Stock under this Warrant the Warrants then outstanding (the “Required Reserve Amount”)without regard to any limitations on exercise.

Appears in 1 contract

Samples: Warrant Agreement (SmartKem, Inc.)

Required Reserve Amount. So long as this Warrant remains outstanding, the Company shall at all times keep reserved for issuance under this Warrant a number of shares of Class A Common Shares Stock at least equal to 100% of the maximum number of shares of Class A Common Shares Stock as shall be necessary to satisfy the Company’s obligation to issue shares of Class A Common Shares Stock under this Warrant the Warrants then outstanding (without regard to any limitations on exercise) (the “Required Reserve Amount”).

Appears in 1 contract

Samples: Securities Purchase Agreement (NOODLES & Co)

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Required Reserve Amount. So long as this Warrant remains outstanding, the Company shall at all times keep reserved for issuance under this Warrant a number of shares of Common Shares Stock at least equal to 100200100% of the maximum number of shares of Common Shares Stock as shall be necessary to satisfy the Company’s obligation to issue shares of Common Shares Stock under this Warrant the Warrants then outstanding (without regard to any limitations on exercise) (the “Required Reserve Amount”).

Appears in 1 contract

Samples: Second Amendment Agreement (Cryptyde, Inc.)

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