Common use of RESERVATION AND AUTHORIZATION OF COMMON STOCK Clause in Contracts

RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date of this Warrant, the Company shall at all times reserve and keep available for issuance upon the exercise of this Warrant such number of its authorized but unissued shares of Common Stock as will be sufficient to permit the exercise in full of this Warrant. All shares of Common Stock issuable pursuant to the terms hereof, when issued upon exercise of this Warrant with payment therefor in accordance with the terms hereof, shall be duly and validly issued and fully paid and nonassessable.

Appears in 7 contracts

Samples: Warrant Agreement (Cell Robotics International Inc), Warrant Agreement (Cell Robotics International Inc), Warrant Agreement (Parallel Technologies Inc)

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RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date of this Warrant, the Company shall at all times reserve and keep available for issuance upon the exercise of this Warrant Warrants such number of its authorized but unissued shares of Common Stock as will be sufficient to permit the exercise in full of this Warrantall outstanding Warrants. All shares of Common Stock issuable pursuant to the terms hereofwhich shall be so issuable, when issued upon exercise of this any Warrant with and payment therefor in accordance with the terms hereofof such Warrant, shall be duly and validly issued and issued, fully paid and nonassessable, and not subject to preemptive or similar rights.

Appears in 2 contracts

Samples: Warrant Agreement (Branded Media CORP), Warrant Agreement (Matrixone Inc)

RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date of this Warrant, the Company shall at all times reserve and keep available for issuance issue upon the exercise of this Warrant such number of its authorized but unissued shares of Common Stock as will be sufficient to permit the exercise in full of this Warrant. All shares of Common Warrant Stock issuable pursuant to the terms hereofwhich shall be so issuable, when issued upon exercise of this Warrant with and payment therefor in accordance with the terms hereofof this Warrant, shall be duly and validly issued and fully paid and nonassessable, and not subject to preemptive rights.

Appears in 2 contracts

Samples: Warrant Agreement (BG Medicine, Inc.), Warrant Agreement (BG Medicine, Inc.)

RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date of this Warrant, the Company shall at all times reserve and keep available for issuance upon the exercise of this Warrant Warrants such number of its authorized but unissued shares of Common Stock as will be sufficient to permit the exercise in full of this Warrantall outstanding Warrants. All shares of Common Stock issuable pursuant to the terms hereofwhich shall be so issuable, when issued upon exercise of this any Warrant with and payment therefor therefore in accordance with the terms hereofof such Warrant, shall be duly and validly issued and issued, fully paid and nonassessablenon-assessable, and not subject to preemptive or similar rights.

Appears in 1 contract

Samples: Warrant Agreement (Branded Media CORP)

RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date of this WarrantClosing Date, the Company shall at all times reserve and keep available for issuance upon the exercise of this Warrant Warrants such number of its authorized but unissued shares of Common Stock as will be sufficient to permit the exercise in full of this Warrantall outstanding Warrants. All shares of Common Stock issuable pursuant to the terms hereofwhich shall be so issuable, when issued upon exercise of this Warrant with any Warrants and payment therefor in accordance with the terms hereofof such Warrants, shall be duly and validly issued and issued, fully paid and nonassessable, and shall not be subject to preemptive rights.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Koll Real Estate Group Inc)

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RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date of this WarrantWarrant Issuance Date, the Company shall at all times reserve and keep available for issuance issue upon the exercise of this Warrant Warrants such number of its authorized but unissued shares of Common Stock as will be sufficient to permit the exercise in full of this Warrantall outstanding Warrants. All shares of Common Stock issuable pursuant to the terms hereofwhich shall be so issuable, when issued upon exercise of this any Warrant with and payment therefor in accordance with the terms hereofof such Warrant, shall be duly and validly issued and fully paid and nonassessable, and not subject to preemptive rights.

Appears in 1 contract

Samples: Warrant Agreement (Airtech International Group Inc)

RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date of this WarrantOriginal Issue Date, the Company shall at all times reserve and keep available for issuance upon the exercise of this Warrant the Warrants such number of its authorized but unissued shares of Common Stock as will be sufficient to permit the exercise in full of this Warrantall Warrants. All shares of Common Stock issuable pursuant to upon the terms hereof, when issued upon exercise of this Warrant with payment therefor in accordance with the terms hereof, Warrants shall be duly and validly issued and fully paid and nonassessable, not subject to preemptive rights and shall be free and clear of all liens (other than any created by actions of the Holder).

Appears in 1 contract

Samples: Warrant Agreement (Aviall Inc)

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