Common use of Reservation and Issuance of Shares Clause in Contracts

Reservation and Issuance of Shares. 4.1 The Company covenants and agrees that all Shares which may be issued upon the exercise of the rights represented by this Warrant Certificate will be duly authorized, legally issued and when paid for in accordance with the terms hereof, fully paid and non-assessable, and free from all liens and charges with respect to the issue thereof to the Warrantholder.

Appears in 2 contracts

Samples: Research Frontiers Incorporated (Research Frontiers Inc), Subscription Agreement (Research Frontiers Inc)

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Reservation and Issuance of Shares. 4.1 3.1 The Company covenants and agrees that all Shares which may be issued upon the exercise of the rights represented by this Warrant Certificate will be duly authorizedauthorised, legally issued and when paid for in accordance with the terms hereof, fully paid and non-assessable, and free from all liens and charges with respect to the issue thereof to the WarrantholderWarrant holder. 3.2 The Company will reserve at all times such number of Shares as may be issuable pursuant to the exercise of Warrants evidenced by this Warrant Certificate.

Appears in 1 contract

Samples: Equity Investment Line Agreement (Phoenix Resources Technologies Inc)

Reservation and Issuance of Shares. 4.1 The Company covenants and agrees that all Shares which may be issued upon the exercise of the rights represented by this Warrant Certificate will be duly authorized, legally issued and when paid for in accordance with the terms hereof, fully paid and non-assessablenonassessable, and free from all liens and charges with respect to the issue thereof to the WarrantholderWarrant Holder.

Appears in 1 contract

Samples: Letter Agreement (Insynq Inc)

Reservation and Issuance of Shares. 4.1 3.1 The Company covenants and agrees that all Shares which may be issued upon the exercise of the rights represented by this Warrant Certificate will be duly authorizedauthorised, legally issued and when paid for in accordance with the terms hereof, fully paid and non-assessable, and free from all liens and charges with respect to the issue thereof to the Warrantholder.

Appears in 1 contract

Samples: Phoenix Resources Technologies Inc

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Reservation and Issuance of Shares. 4.1 3.1 The Company covenants and agrees that all Shares which may be issued upon the exercise of the rights represented by this Warrant Certificate will be duly authorizedauthorised, legally issued and when paid for in accordance with the terms hereof, fully paid and non-assessable, and free from all liens and charges with respect to the issue thereof to the WarrantholderWarrant holder.

Appears in 1 contract

Samples: Equity Investment Line Agreement (Phoenix Resources Technologies Inc)

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