Common use of Reservation; Authorization Clause in Contracts

Reservation; Authorization. The Company has reserved and will keep available for issuance upon exercise of this Warrant the total number of shares of Common Stock deliverable upon exercise of this Warrant from time to time outstanding. The issuance of such shares has been duly and validly authorized and, when issued and sold in accordance with this Warrant, such shares will be duly and validly issued, fully paid and nonassessable.

Appears in 21 contracts

Samples: Warrant Agreement (Capstar Broadcasting Corp), Warrant Agreement (Capstar Broadcasting Corp), Warrant Agreement (Capstar Broadcasting Partners Inc)

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Reservation; Authorization. The Company has reserved and will keep available for issuance upon exercise of this Warrant the Warrants the total number of shares of Common Stock deliverable upon exercise of this Warrant all Warrants from time to time outstanding. The issuance of such shares has been duly and validly authorized and, when issued and sold in accordance with this Warrantthe Warrants, such shares will be duly and validly issued, fully paid and nonassessable.

Appears in 13 contracts

Samples: Indenture (Allegheny Energy Inc), Warrant Agreement (Freedom Financial Group Inc), Warrant Agreement (Freedom Financial Group Inc)

Reservation; Authorization. The Company has reserved and will keep available for issuance upon exercise of this Warrant the Warrants the total number of shares of Common Stock deliverable upon exercise of this Warrant all Warrants from time to time outstanding. The issuance of such shares Common Stock has been duly and validly authorized and, when issued and sold in accordance with this Warrant, such shares will be duly and validly issued, fully paid and nonassessableauthorized.

Appears in 4 contracts

Samples: Warrant Agreement (Icahn Carl C Et Al), Warrant Agreement (Delicious Brands Inc), Warrant Agreement (Infocast Corp /Nv)

Reservation; Authorization. The Company has reserved and will keep available for issuance upon exercise of this Warrant Option the total number of shares of Common Stock deliverable upon exercise of this Warrant Option from time to time outstanding. The issuance of such shares has been duly and validly authorized and, when issued and sold in accordance with this WarrantOption, such shares will be duly and validly issued, fully paid and nonassessable.

Appears in 3 contracts

Samples: Stock Option Grant Agreement (Hicks Muse Tate & Furst Equity Fund Ii L P), Stock Option Grant Agreement (Hicks Muse Tate & Furst Equity Fund Ii L P), Termination and Release Agreement (Viasystems Group Inc)

Reservation; Authorization. The Company Corporation has reserved and will -------------------------- keep available for issuance upon exercise of this Warrant the Warrants the total number of shares of Common Stock deliverable upon exercise of this Warrant all Warrants from time to time outstanding. The issuance of such the shares of Common Stock upon exercise of the Warrants has been duly and validly authorized and, when issued and sold in accordance with this Warrantthe Warrants, such shares of Common Stock will be duly and validly issued, fully paid and nonassessable. The Corporation will take all such actions as are necessary in order to insure the foregoing.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Blue Rhino Corp), Note Purchase Agreement (Blue Rhino Corp)

Reservation; Authorization. The Company Corporation has reserved and will keep available for issuance upon exercise of this Warrant the Warrants the total number of shares of Common Stock deliverable upon exercise of this Warrant all Warrants from time to time outstanding. The issuance of such the shares of Common Stock upon exercise of the Warrants has been duly and validly authorized and, when issued and sold in accordance with this Warrantthe Warrants, such shares of Common Stock will be duly and validly issued, fully paid and nonassessable. The Corporation will take all such actions as are necessary in order to insure the foregoing.

Appears in 2 contracts

Samples: Series a Securities Purchase Agreement (Blue Rhino Corp), Unit Purchase Agreement (Blue Rhino Corp)

Reservation; Authorization. The Company has reserved and will keep available for issuance upon exercise of this Warrant the Warrants the total number of shares of Common Stock deliverable upon exercise of this Warrant all Warrants from time to time outstanding. The issuance of such shares has been duly and validly authorized and, when issued and sold in accordance with this Warrant, such shares will be duly and validly issued, fully paid and nonassessable.

Appears in 2 contracts

Samples: Warrant Agreement (Pennsylvania Physician Healthcare Plan Inc), Warrant Agreement (Pennsylvania Physician Healthcare Plan Inc)

Reservation; Authorization. The Company has reserved and will keep available for issuance upon exercise of this the Warrant the total number of shares of Common Stock deliverable upon exercise of this the Warrant from time to time outstanding. The issuance of such the shares of Common Stock upon exercise of the Warrant has been duly and validly authorized and, when issued and sold in accordance with this the Warrant, such shares of Common Stock will be duly and validly issued, fully paid and nonassessable. The Company will take all such actions as are necessary in order to insure the foregoing.

Appears in 1 contract

Samples: Warrant Agreement (Blue Rhino Corp)

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Reservation; Authorization. The Company has reserved and will keep available for issuance upon exercise of this Warrant the Warrants the total number of shares of Common Stock deliverable upon exercise of this Warrant all Warrants from time to time outstanding. The issuance of such shares has been duly and validly authorized and, when issued and sold in accordance with this Warrantthe Warrants, such shares will be duly and validly issued, fully paid and nonassessable.. WARRANT AGENCY; TRANSFER, EXCHANGE AND REPLACEMENT OF WARRANTS

Appears in 1 contract

Samples: Credit Agreement (American Telecasting Inc/De/)

Reservation; Authorization. The Company Corporation has reserved and will keep available for issuance upon exercise of this the Warrant the total number of shares of Common Stock deliverable upon exercise of this the Warrant from time to time outstanding. The issuance of such the shares of Common Stock upon exercise of the Warrant has been duly and validly authorized and, when issued and sold in accordance with this the Warrant, such shares of Common Stock will be duly and validly issued, fully paid and nonassessable. The Corporation will take all such actions as are necessary in order to insure the foregoing.

Appears in 1 contract

Samples: Warrant Agreement (Blue Rhino Corp)

Reservation; Authorization. The Company has reserved and will keep available for issuance upon exercise of this Exchange Warrant the total number of shares of Common Stock deliverable upon exercise of this Exchange Warrant from time to time outstanding. The issuance of such shares has been duly and validly authorized and, when issued and sold in accordance with this Exchange Warrant, such shares will be duly and validly issued, fully paid and nonassessable.

Appears in 1 contract

Samples: Warrant Agreement (Atrium Companies Inc)

Reservation; Authorization. The Company has reserved and will keep available for issuance upon exercise of this Warrant the Warrants 110% of the total number of shares of Common Stock deliverable upon exercise of this Warrant from time to time outstanding. The issuance of such shares has been duly and validly authorized and, when issued and sold in accordance with this Warrant, such shares will be duly and validly issued, fully paid and nonassessabletime.

Appears in 1 contract

Samples: Warrant Agreement (Artificial Life Inc)

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