Reservation of Common Shares. The Company shall at all times reserve and keep available out of authorized but unissued Common Shares the maximum number of Common Shares which are issuable upon the exercise of this Warrant Certificate.
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Samples: Shareholder Agreements (Primus Guaranty LTD), Shareholder Agreements (Primus Guaranty LTD)
Reservation of Common Shares. The Subject to Section 2.3 above, the Company shall at all times reserve and keep available out of its authorized but unissued Common Shares, solely for the purpose of providing for the issuance of the Subscription Shares and the maximum exercise of the Warrants, such number of Common Shares which are as shall from time to time equal the number of all possible Subscription Shares not yet issued and Warrant Shares issuable upon the due exercise of this Warrant Certificatethe Warrants in accordance with their respective terms.
Appears in 2 contracts
Samples: Subscription Agreement (ACCBT Corp.), Subscription Agreement (Brainstorm Cell Therapeutics Inc)
Reservation of Common Shares. The Company shall at all times reserve and keep available out of its authorized but unissued Common Shares the maximum number of Shares, and conditionally allot to Holders who may exercise their conversion privilege hereunder, sufficient Common Shares which are issuable upon to give effect to the exercise of this Warrant Certificateconversion privilege and cause the Common Shares to be issued as fully paid and non-assessable.
Appears in 1 contract
Samples: Trust Indenture (Security Devices International Inc.)
Reservation of Common Shares. The Company shall at all times reserve and keep available out of its authorized but unissued Common Shares Shares, solely for the maximum purpose of providing for the exercise of the Warrants and the Adjustment Warrants, such number of Common Shares which are as shall from time to time equal the Warrant Shares and the Adjustment Warrant Shares issuable upon the exercise of this Warrant Certificatefrom time to time.
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Reservation of Common Shares. The Company shall at all times reserve and keep available out of its authorized but unissued Common Shares Shares, solely for the maximum purpose of issuance upon the exercise of the Warrants, such number of Common Shares which are as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of this Warrant Certificatethe Warrants and payment of the Exercise Price therefor, all Common Shares issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any holder of Common Shares.
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