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, following the occurrence of a Triggering Event, it will cause to be reserved and kept available out of its authorized and unissued shares of Common Stock or out of its authorized and issued shares held in its treasury, the number of shares of Common Stock that, as provided in this Agreement, including Section 11(a)(iii) hereof, will be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 2 contracts

Samples: Rights Agreement (Interphase Corp), Rights Agreement (Interphase Corp)

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Reservation and Availability of Common Stock. (a) The Company covenants and agrees that, following the occurrence of a Triggering Event, that it will cause to be reserved and kept available out of its authorized and unissued shares of Common Stock or out of its any authorized and issued shares Common Stock held in its treasury, the free from preemptive rights or any right of first refusal, a number of shares of Common Stock that, as provided in this Agreement, including Section 11(a)(iii) hereof, will be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 2 contracts

Samples: Rights Agreement (Bailey Corp), Rights Agreement (Bailey Corp)

Reservation and Availability of Common Stock. (a) The Company covenants and agrees that, following the occurrence of a Triggering Event, that it will cause to be reserved and kept available out of its authorized and unissued shares of Common Stock or out of its any authorized and issued shares of Common Stock held in its treasury, the number of shares of Common Stock that, as provided in this Agreement, including Section 11(a)(iii) hereof, that will be sufficient to permit the exercise in full of all outstanding and exercisable Rights.

Appears in 2 contracts

Samples: Shareholder Rights Agreement (Alpha Industries Inc), Shareholder Rights Agreement (Alpha Industries Inc)

Reservation and Availability of Common Stock. (a) The Company covenants and agrees that, following the occurrence of a Triggering Event, that it will cause to be reserved and kept available out of its authorized and unissued shares of Common Stock or out of its authorized and issued shares held in its treasury, the number of shares of Common Stock that, as provided in this Agreement, including including, without limitation, Section 11(a)(iii) hereof, will be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 1 contract

Samples: Rights Agreement (SPSS Inc)

Reservation and Availability of Common Stock. (a) The Company covenants and agrees that, following the occurrence of a Triggering Event, that it will cause to be reserved and kept available out of its authorized and unissued shares of Common Stock or out of its any authorized and issued shares of Common Stock held in its treasury, treasury the number of shares of Common Stock that, as provided in this Agreement, including Section 11(a)(iii) hereof, that will be sufficient to permit the exercise in full of all outstanding RightsRights in accordance with Section 7.

Appears in 1 contract

Samples: Rights Agreement (Searchlight Minerals Corp.)

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Reservation and Availability of Common Stock. (a) The Company covenants and agrees that, following the occurrence of a Triggering Event, that it will cause to be reserved and kept available out of its authorized and unissued shares of Common Stock or out of its authorized and issued shares held in its treasury, the number of shares of Common Stock that, as provided in this Agreement, including Section 11(a)(iii) hereof, will be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 1 contract

Samples: Rights Agreement (Devry Inc)

Reservation and Availability of Common Stock. (a) The Company covenants and agrees that, following the occurrence of a Triggering Event, that it will cause to be reserved and kept available out of its authorized and unissued shares of Common Stock or out of its authorized and issued shares held in its treasury, the number of shares of Common Stock that, as provided in this Agreement, including Section 11(a)(iii) hereof, will be sufficient to permit the exercise give effect in full of to all outstanding Rights.

Appears in 1 contract

Samples: Shareholder Rights Agreement (Homegold Financial Inc)

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

Appears in 1 contract

Samples: Rights Agreement (Bassett Furniture Industries Inc)

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