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

Reservation and Issuance of Warrant Shares. (a) The 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 Warrant Shares deliverable upon exercise of the Warrants. The Company will not, however, be required to cause any of the Warrant Shares to be listed (upon issuance or notice of issuance) on any stock exchanges.

Appears in 2 contracts

Samples: Registration Rights Agreement (Emerging Vision Inc), Registration Rights Agreement (Emerging Vision Inc)

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Reservation and Issuance of Warrant Shares. (a) The 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 Warrant Shares deliverable upon the exercise of the Warrants. The Company will not, however, be required to cause any of the Warrant Shares to be listed (upon issuance or notice of issuance) on any stock exchangesexchange.

Appears in 1 contract

Samples: Loan Agreement (Emerging Vision Inc)

Reservation and Issuance of Warrant Shares. (a) The the 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 Warrant Shares Common Stock deliverable upon exercise of the all outstanding Warrants. The Company will not, however, be required to cause any of the Warrant Shares to be listed (upon issuance or notice of issuance) on any stock exchanges.

Appears in 1 contract

Samples: Securities Purchase Agreement (O2wireless Solutions Inc)

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Reservation and Issuance of Warrant Shares. (a) The 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 Warrant Shares Common Stock deliverable upon exercise of the all outstanding Warrants. The Company will not, however, be required to cause any of the Warrant Shares to be listed (upon issuance or notice of issuance) on any stock exchanges.

Appears in 1 contract

Samples: Warrant Agreement (Petroglyph Energy Inc)

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