Common use of RESERVATION, ISSUANCE AND DELIVERY OF COMMON STOCK Clause in Contracts

RESERVATION, ISSUANCE AND DELIVERY OF COMMON STOCK. There have been reserved for issuance, and the Company shall at all times keep reserved, out of the authorized and unissued shares of Common Stock, a number of shares sufficient to provide for the exercise of the rights of purchase represented by the Warrants, and such shares, when issued upon receipt of payment therefor or upon a net exercise in accordance with the terms of the Warrants and of this Warrant Agreement, will be legally and validly issued, fully paid and non-assessable and will be free of any preemptive rights of shareholders or any restrictions.

Appears in 5 contracts

Samples: Warrant Agreement (Equalnet Holding Corp), Warrant Agreement (Equalnet Communications Corp), Warrant Agreement (Equalnet Communications Corp)

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RESERVATION, ISSUANCE AND DELIVERY OF COMMON STOCK. There have been reserved for issuance, and the Company shall at all times keep reserved, out of the authorized and unissued shares of Common Stock, a number of shares sufficient to provide for the exercise of the rights of purchase represented by the WarrantsWarrant, and such shares, when issued upon receipt of payment therefor or upon a net exercise in accordance with the terms of the Warrants Warrant and of this Warrant Agreement, will be legally and validly issued, fully paid and non-assessable nonassessable and will be free of any preemptive rights of shareholders or any restrictions.

Appears in 4 contracts

Samples: Warrant Agreement (Authentic Specialty Foods Inc), Warrant Agreement (Tsg2 L P), Warrant Agreement (Authentic Specialty Foods Inc)

RESERVATION, ISSUANCE AND DELIVERY OF COMMON STOCK. There have been reserved for issuance, and the Company shall at all times keep reserved, out of the authorized and unissued shares of Common Stock, a number of shares sufficient to provide for the exercise of the rights of purchase represented by the Warrantsthis Warrant, and such shares, when issued upon receipt of payment therefor or upon a net exercise in accordance with the terms of the Warrants and of this Warrant AgreementWarrant, will be legally and validly issued, fully paid and non-assessable nonassessable and will be free of any preemptive rights of shareholders or any restrictionsstockholders.

Appears in 4 contracts

Samples: Nationwide Staffing Inc, Nationwide Staffing Inc, 2 Infinity Inc

RESERVATION, ISSUANCE AND DELIVERY OF COMMON STOCK. There have has been reserved for issuance, and the Company shall at all times keep reserved, out of the authorized and unissued shares of Common Stock, a number of shares sufficient to provide for the exercise of the rights of purchase represented by the Warrantsthis Warrant, and such shares, when issued upon receipt of payment therefor or upon a net exercise in accordance with the terms of the Warrants and of this Warrant AgreementWarrant, will be legally and validly issued, fully paid and non-assessable nonassessable and will be free of any preemptive rights of shareholders or any restrictionsstockholders.

Appears in 4 contracts

Samples: 2 Infinity Inc, 2 Infinity Inc, 2 Infinity Inc

RESERVATION, ISSUANCE AND DELIVERY OF COMMON STOCK. There have been reserved for issuance, and the Company shall at all times keep reserved, out of the authorized and unissued shares of Common Stock, a number of shares sufficient to provide for the exercise of the rights of purchase represented by the Warrants, and such shares, when issued upon receipt of payment therefor or upon a net exercise in accordance with the terms of the Warrants and of this Warrant Agreement, will be legally and validly issued, fully paid and non-non- assessable and will be free of any preemptive rights of shareholders or any restrictions.

Appears in 3 contracts

Samples: Warrant Agreement (Infinity Capital Group, Inc.), Warrant Agreement (Infinity Capital Group, Inc.), Warrant Agreement (Infinity Capital Group, Inc.)

RESERVATION, ISSUANCE AND DELIVERY OF COMMON STOCK. There have been reserved for issuance, and the Company shall at all times keep reserved, out of the authorized and unissued shares of Common Stock, a number of shares sufficient to provide for the exercise of the rights of purchase represented by the Warrants, and such shares, when issued upon receipt of payment therefor or upon a net exercise in accordance with the terms of the Warrants and of this Warrant Agreement, will be legally and validly issued, fully paid and non-non- assessable and will be free of any preemptive rights of shareholders or any restrictions.

Appears in 3 contracts

Samples: Note and Warrant Purchase Agreement (Harris James T), Warrant Agreement (Willis Mark), Warrant Agreement (Crane James R)

RESERVATION, ISSUANCE AND DELIVERY OF COMMON STOCK. There have been reserved for issuance, and the Company shall at all times keep reserved, out of the authorized and unissued shares of Common Stock, a number of shares sufficient to provide for the exercise of the rights of purchase represented by the WarrantsWarrant, and such shares, when issued upon receipt of payment therefor or upon a net exercise in accordance with the terms of the Warrants Warrant and of this Warrant Agreement, will be legally and validly issued, fully paid and non-assessable nonassessable and will be free of any preemptive rights of shareholders or any restrictionsrestrictions not otherwise set forth in this Warrant Agreement.

Appears in 2 contracts

Samples: Warrant Agreement (Environmental Safeguards Inc/Tx), Credit Agreement (Environmental Safeguards Inc/Tx)

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RESERVATION, ISSUANCE AND DELIVERY OF COMMON STOCK. There have been reserved for issuance, and the Company shall at all times keep reserved, out of the authorized and unissued shares of Common Stock, Stock a number of shares sufficient to provide for the exercise of the rights of purchase represented by the Warrants, and such shares, when issued upon receipt of payment therefor or upon a net exercise in accordance with the terms of the Warrants and of this Warrant Agreement, will be legally and validly issued, fully paid and non-assessable and will be free of any preemptive rights of shareholders or any restrictions.

Appears in 1 contract

Samples: Warrant Agreement (Equalnet Communications Corp)

RESERVATION, ISSUANCE AND DELIVERY OF COMMON STOCK. There have been reserved for issuance, and the Company shall at all times keep reserved, out of the authorized and unissued shares of Common Stock, a number of shares sufficient to provide for the exercise of the rights of purchase represented by the Warrantsthis Warrant, and such shares, when issued upon receipt of payment therefor or upon a net exercise in accordance with the terms of the Warrants and of this Warrant AgreementWarrant, will be legally and validly issued, fully paid and non-assessable nonassessable and will be free of any preemptive rights of shareholders or any restrictionsstockholders.

Appears in 1 contract

Samples: Registration Rights Agreement (Apple Orthodontix Inc)

RESERVATION, ISSUANCE AND DELIVERY OF COMMON STOCK. There have been reserved for issuance, and the Company shall at all times keep reserved, out of the authorized and unissued shares of Common Stock, a number of shares sufficient to provide for the exercise of the rights of purchase represented by the Warrants, and such shares, when issued upon receipt of payment therefor or upon a net exercise in accordance with the terms of the Warrants and of this Warrant Agreement, will be legally and validly issued, fully paid and non-non- assessable and will be free of any preemptive rights of shareholders or any restrictions.

Appears in 1 contract

Samples: Form Of (Diamond Star Ventures Inc)

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