Common use of Reservation and Issuance of Warrant Shares Clause in Contracts

Reservation and Issuance of Warrant Shares. a The Corporation will at all times have authorized, and reserve and keep available, for the purpose of enabling it to satisfy any obligation to issue Warrant Shares upon the exercise of the Warrants, the number of shares of Common Stock deliverable upon exercise of all outstanding Warrants.

Appears in 4 contracts

Samples: Warrant Agreement (Insignia Esg Holdings Inc), Warrant Agreement (Insignia Esg Holdings Inc), Warrant Agreement (Insignia Esg Holdings Inc)

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Reservation and Issuance of Warrant Shares. a (a) The Corporation Company will at all times have authorized, and reserve and keep available, free from preemptive rights, for the purpose of enabling it to satisfy any obligation to issue Warrant Shares upon the exercise of the Warrants, the number of shares of Common Stock deliverable upon exercise of all outstanding Warrants.

Appears in 3 contracts

Samples: Warrant Agreement (Iii Exploration Co), Loan and Warrant Purchase Agreement (Edutrek Int Inc), Warrant Purchase Agreement (Ergobilt Inc)

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Reservation and Issuance of Warrant Shares. a (a) The Corporation will Company shall at all times have authorized, and reserve and keep available, exclusively for the purpose of enabling it to satisfy any obligation to issue Warrant Shares upon the exercise of the Warrants, the number of shares of Common Stock Warrant Shares deliverable upon exercise of the Warrants. The Company shall take all outstanding Warrantscorporate action necessary to enable the Company to validly and legally issue, at the Exercise Price, Warrant Shares that are fully-paid and nonassessable.

Appears in 2 contracts

Samples: Warrant (RBC Bearings INC), Roller Bearing Co of America Inc

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