Common use of Reservation for Issuance Clause in Contracts

Reservation for Issuance. The Company will reserve that number of shares of Common Stock and Series A Preferred Stock sufficient for issuance, including upon exercise or conversion, of Securities owned at any time by Purchaser, without regard to any limitation on such conversion or exercise.

Appears in 1 contract

Samples: Investment Agreement (Pab Bankshares Inc)

AutoNDA by SimpleDocs

Reservation for Issuance. The Company will reserve that number of shares of Common Stock and Series A Preferred Stock sufficient for issuance, including issuance upon exercise or conversion, conversion of Securities Preferred Stock owned at any time by Purchaser, Purchaser without regard to any limitation on such conversion or exerciseconversion.

Appears in 1 contract

Samples: Investment Agreement (Sirius Xm Radio Inc.)

Reservation for Issuance. The Company will reserve that number of shares of Common Stock Shares, Warrants and Series A Preferred Stock sufficient for issuance, including issuance upon exercise or conversion, conversion of Securities owned at any time by Purchaser, the Investor without regard to any limitation on such conversion or exerciseconversion; provided that in the case of the B-Warrant, the B2-Warrant and the Preferred Stock, the Company will reserve such sufficient number following the approval of the stockholders pursuant to Section 3.1(b).

Appears in 1 contract

Samples: Investment Agreement (Mbia Inc)

AutoNDA by SimpleDocs

Reservation for Issuance. The Upon receipt of the Stockholder Approvals, the Company will shall reserve that number of shares Common Shares sufficient for issuance upon exercise or conversion of Common Stock the Warrant and Series A Preferred Stock sufficient for issuance, including upon exercise or conversion, of Securities owned at any time by Purchaser, the Investor without regard to any limitation on such conversion exercise or exerciseconversion.

Appears in 1 contract

Samples: Securities Purchase Agreement (First Mariner Bancorp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!