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

Reservation and Availability of Shares of Preferred Stock. (a) The Corporation covenants and agrees that it will cause to be reserved and kept available out of the authorized and unissued shares of preferred stock, $0.10 par value per share, of the Corporation or out of authorized and issued shares of Preferred Stock held in its treasury, such number of shares of

Appears in 2 contracts

Samples: Rights Agreement (Delphi Automotive Systems Corp), Rights Agreement (Delphi Automotive Systems Corp)

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Reservation and Availability of Shares of Preferred Stock. (a) The Corporation Company covenants and agrees that it will cause to be reserved and kept available out of the its authorized and unissued shares of preferred stock, $0.10 par value per share, of the Corporation Preferred Stock or out of its authorized and issued shares of Preferred Stock held in its treasury, such the number of shares ofof the Preferred Stock that will be sufficient to permit the exercise in full of all outstanding Rights in accordance with Section 7 hereof.

Appears in 2 contracts

Samples: Rights Agreement (Software Spectrum Inc), Rights Agreement (Software Spectrum Inc)

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Reservation and Availability of Shares of Preferred Stock. (a) The Corporation Company covenants and agrees that it will cause to be reserved and kept available out of the its authorized and unissued shares of preferred stockPreferred Stock, $0.10 par value per share, of the Corporation or out of its authorized and issued shares of Preferred Stock held in its treasury, such the number of shares ofof the Preferred Stock that will be sufficient to permit the exercise in full of all outstanding Rights in accordance with this Agreement.

Appears in 1 contract

Samples: Rights Agreement (Lenox Group Inc)

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