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

Reservation and Availability of Preferred Shares. (a) ------------------------------------------------- The Company covenants and agrees that it 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 number of Preferred Shares sufficient to permit the exercise in full of all outstanding Rights.

Appears in 3 contracts

Samples: Rights Agreement (Primex Technologies Inc), Rights Agreement (Arch Chemicals Inc), Rights Agreement (Primex Technologies Inc)

AutoNDA by SimpleDocs

Reservation and Availability of Preferred Shares. (a) ------------------------------------------------- The Company covenants and agrees that it will 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 2 contracts

Samples: Rights Agreement (Crown Castle International Corp), Rights Agreement (Crown Castle International Corp)

Reservation and Availability of Preferred Shares. (a) ------------------------------------------------- The Company covenants and agrees that it 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 number of Preferred Shares sufficient to permit the exercise in full of all outstanding Rights.any

Appears in 1 contract

Samples: Rights Agreement (Cohr Inc)

Reservation and Availability of Preferred Shares. (a) ------------------------------------------------- The Company covenants and agrees that it will cause to be reserved and kept available out of its authorized and unissued Preferred Shares 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 1 contract

Samples: Stockholders Rights Agreement (Alteon Inc /De)

AutoNDA by SimpleDocs

Reservation and Availability of Preferred Shares. (a) ------------------------------------------------- ------------------------------------------------ The Company covenants and agrees that it will 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 1 contract

Samples: Rights Agreement (Crown Castle International Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!