Common use of Reservation and Availability of Preferred Shares Clause in Contracts

Reservation and Availability of Preferred Shares. (a) The Company shall cause to be reserved and kept available out of its authorized and unissued Preferred Shares or any authorized and issued Preferred Shares held in its treasury, free from preemptive rights or any right of first refusal, a number of Preferred Shares sufficient to permit the exercise in full of all outstanding Rights.

Appears in 36 contracts

Samples: Section 382 Rights Agreement (Taronis Fuels, Inc.), Tax Asset Protection Rights Agreement (Aceto Corp), Rights Agreement (Barnes & Noble Inc)

AutoNDA by SimpleDocs

Reservation and Availability of Preferred Shares. (a) The Company shall cause to be reserved and kept available out of its authorized and unissued Preferred Shares (or any authorized and issued Preferred Shares held in its treasury), free from preemptive rights or any right of first refusal, a number of Preferred Shares sufficient to permit the exercise in full of all outstanding Rights.

Appears in 8 contracts

Samples: Rights Agreement (Vringo Inc), Rights Agreement (Vringo Inc), Section 382 Rights Agreement (Zoom Telephonics, Inc.)

Reservation and Availability of Preferred Shares. (a) The Company shall will cause to be reserved and kept available out of its authorized and unissued Preferred Shares or any authorized and issued Preferred Shares held in its treasury, free from preemptive rights or any right of first refusal, a the number of Preferred Shares that will be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 1 contract

Samples: Rights Agreement (International Multifoods Corp)

AutoNDA by SimpleDocs

Reservation and Availability of Preferred Shares. (a) The Company shall cause to be reserved and kept available out of its authorized and unissued Preferred Shares or any authorized and issued Preferred Shares held in its treasuryShares, free from preemptive rights or any right of first refusal, a number of Preferred Shares sufficient to permit the exercise in full of all outstanding Rights.

Appears in 1 contract

Samples: Rights Agreement (Targeted Genetics Corp /Wa/)

Time is Money Join Law Insider Premium to draft better contracts faster.