Common use of Reservation and Availability of Common Stock Clause in Contracts

Reservation and Availability of Common Stock. (a) The Company covenants and agrees that it will cause to be reserved and kept available out of its authorized and unissued shares of Common Stock or any shares of Common Stock held in its treasury, that number of shares of Common Stock that will from time to time be sufficient to permit the exercise in full of all outstanding Warrants.

Appears in 3 contracts

Samples: Pledge Agreement (Internet Capital Group Inc), Warrant Agreement (Careerbuilder Inc), Warrant Agreement (Analytical Graphics Inc)

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Reservation and Availability of Common Stock. (a) The Company covenants and agrees that it will cause to be reserved and kept available out of its authorized and unissued shares of Common Stock or any shares of Common Stock held in its treasury, free from preemptive rights and solely for the purpose of issue upon exercise of the Warrants, that number of shares of Common Stock that will from time to time be sufficient to permit the exercise in full of all outstanding Warrants.

Appears in 3 contracts

Samples: License Agreement (Meridian Holdings Inc /Fl), License Agreement (Meridian Usa Holdings Inc), License Agreement (Meridian Holdings Inc /Fl)

Reservation and Availability of Common Stock. (a) The Company covenants and agrees that it will shall cause to be reserved and kept available out of its authorized and unissued shares of Common Stock or any shares of Common Stock held in its treasuryStock, that the number of shares of Common Stock that that, as provided in this Agreement including Section 11(a)(iii) hereof, will from time to time be sufficient to permit the exercise in full of all outstanding WarrantsRights.

Appears in 3 contracts

Samples: Rights Agreement (Watkins Johnson Co), Rights Agreement (Penederm Inc), Rights Agreement (Watkins Johnson Co)

Reservation and Availability of Common Stock. (a) The Company covenants and agrees that it will shall cause to be reserved and kept available out of its authorized Authorized and unissued shares of Common Stock or any shares of Common Stock held in its treasuryStock, that the number of shares of Common Stock that that, as provided in this Agreement including Section 11(a)(iii) hereof, will from time to time be sufficient to permit the exercise in full of all outstanding WarrantsRights.

Appears in 1 contract

Samples: Rights Agreement (Chad Therapeutics Inc)

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Reservation and Availability of Common Stock. (a) a. The Company covenants and agrees that it will cause to be reserved and kept available out of its authorized and unissued shares of Common Stock or any shares of Common Stock held in its treasury, that the number of shares of Common Stock that will from time to time be sufficient to permit the exercise in full of all outstanding WarrantsRights in accordance with Section 7 hereof.

Appears in 1 contract

Samples: Rights Agreement (Universal International Inc /Mn/)

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