Common use of Reservation and Registration of Shares Clause in Contracts

Reservation and Registration of Shares. Etc. The Company covenants and agrees as follows: 3.1. All Warrant Shares that are issued upon the exercise of this Warrant will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable, and free from all taxes, liens, security interests, charges, and other encumbrances imposed by or through the Company with respect to the issuance thereof, other than taxes in respect of any transfer occurring contemporaneously with such issue. 3.2. During the period within which this Warrant may be exercised, the Company will at all times have authorized and reserved a sufficient number of shares of Common Stock to provide for the exercise of the rights represented by this Warrant and all other outstanding warrants.

Reservation and Registration of Shares. Etc. The Company covenants and agrees as follows: 3.1. (a) All Warrant Shares that are issued upon the exercise of this Warrant willshall, upon issuance, be duly authorized, validly issued, fully paid issued and nonassessable, and be free from all taxes, liens, security interests, charges, and other encumbrances imposed by or through the Company with respect to the issuance thereof, other than taxes in respect of any transfer occurring contemporaneously with such issueissue and other than any encumbrances arising under the Stockholder Agreement or Call Agreement. 3.2. During the period within which this Warrant may be exercised, the (b) The Company will shall at all times have authorized and reserved reserved, and shall keep available and free from preemptive rights, a sufficient number of shares of Common Stock to provide for the exercise of the rights represented by this Warrant and all other outstanding warrantsWarrant.