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 at all times out of its authorized and unissued shares of Common Stock (and/or other shares of capital stock or securities) or its authorized and issued shares of Common Stock (and/or other shares of capital stock or securities) held in its treasury, free from preemptive rights or any right of first refusal, the number of shares of Common Stock (and/or other shares of capital stock or securities) that will be sufficient to permit the exercise in full of all Rights from time to time outstanding.

Reservation and Availability of Common Stock. (a) The Company covenants and agrees that it will cause to be reserved and kept available at all times out of its authorized and unissued shares of Common Stock Preferred Shares (and/or other shares of capital stock or securities) or its authorized and issued shares of Common Stock Preferred Shares (and/or other shares of capital stock or securities) held in its treasury, free from preemptive rights or any right of first refusal, the number of shares of Common Stock Preferred Shares (and/or other shares of capital stock or securities) that will be sufficient to permit the exercise in full of all Rights from time to time outstanding.