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

Reservation and Availability of Preferred Stock. (a) The Company covenants and agrees that it will use its best efforts to cause to be reserved and kept available out of, and to the extent of, its authorized and unissued Preferred Stock not reserved for another purpose, sufficient Preferred Stock to permit the exercise in full of all outstanding Rights in accordance with this Agreement. Upon the occurrence of any events

Appears in 2 contracts

Samples: Rights Agreement (I2 Technologies Inc), Rights Agreement (I2 Technologies Inc)

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Reservation and Availability of Preferred Stock. (a) The Company covenants and agrees that it will use its best efforts to cause to be reserved and kept available out of, and to the extent of, of its authorized and unissued Preferred Stock not reserved for another purposeStock, sufficient the number of Preferred Stock which will be sufficient to permit the exercise in full of all outstanding Rights. The Company covenants and agrees that it will take all such action as may be necessary to insure that all Preferred Stock delivered upon exercise of Rights in accordance with this Agreement. Upon shall, at the occurrence time of any eventsdelivery of the Preferred Certificates for such shares (subject to payment of the Subscription Price), be duly and validly authorized and issued fully paid and nonassessable.

Appears in 1 contract

Samples: Subscription Agency Agreement (Laboratory Corp of America Holdings)

Reservation and Availability of Preferred Stock. (a) The Company covenants and agrees that it will use its best efforts to cause to be reserved and kept available out of, and to the extent of, of its authorized and unissued shares of Preferred Stock not reserved for another purpose, sufficient or out of authorized and issued shares of Preferred Stock to permit the exercise held in full of all outstanding Rights in accordance with this Agreement. Upon the occurrence of any eventsits

Appears in 1 contract

Samples: Rights Agreement (Synagro Technologies Inc)

Reservation and Availability of Preferred Stock. (a) The Company covenants and agrees that it will use its best efforts to shall cause to be reserved and kept available out of, and to the extent of, of its authorized and unissued shares of Preferred Stock, or any authorized and issued shares of Preferred Stock not reserved for another purpose(and, sufficient Preferred Stock to permit the exercise in full of all outstanding Rights in accordance with this Agreement. Upon following the occurrence of any eventsa Triggering Event, shares of

Appears in 1 contract

Samples: Rights Agreement (Alliance Fiber Optic Products Inc)

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Reservation and Availability of Preferred Stock. (a) The Company covenants and agrees that it will use its best efforts to cause to be reserved and kept available out of, and to the extent of, of its authorized and unissued shares of Preferred Stock not reserved for another purpose, sufficient or out of authorized and issued shares of Preferred Stock held in its treasury, the number of shares of Preferred Stock that will be sufficient to permit the exercise in full of all outstanding Rights in accordance with this Agreement. Upon the occurrence of any eventsRights.

Appears in 1 contract

Samples: Rights Agreement (Veritas DGC Inc)

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