Common use of RESERVATION OF COMMON STOCK, ETC Clause in Contracts

RESERVATION OF COMMON STOCK, ETC. The Company shall reserve for so long as -------------------------------- any Warrant remains outstanding a number of authorized and unissued Shares sufficient to provide for the exercise of all such Warrants, and the transfer agent for the Common Stock, which may be the Company (the "Transfer Agent"), is hereby irrevocably authorized and directed at all times until the Expiration Date to reserve such number of authorized and unissued Shares as necessary for such purpose. The Company shall keep copies of this Agreement on file with the Transfer Agent and shall supply the Transfer Agent with duly executed stock certificates for such purpose and will itself provide or otherwise make available any cash payable as provided in Section 16 of this Agreement. All Warrant Certificates surrendered upon the exercise of Warrants shall be cancelled. The Company shall furnish to the Transfer Agent a copy of all notices of adjustment, and certificates related thereto, required to be transmitted to each Holder pursuant to Section 9(k) hereof.

RESERVATION OF COMMON STOCK, ETC. The Company shall reserve for so long as -------------------------------- any Warrant remains outstanding a number of authorized and unissued Shares sufficient to provide for the exercise of all such Warrants, and the transfer agent for the Common Stock, which may be the Company (the "Transfer Agent"), is hereby irrevocably authorized and directed at all times until the Expiration Date to reserve such number of authorized and unissued Shares as necessary for such purpose. The Company shall keep copies of this Agreement on file with the Transfer Agent and shall supply the Transfer Agent with duly executed stock certificates for such purpose and will itself provide or otherwise make available any cash payable as provided in Section 16 15 of this Agreement. All Warrant Certificates surrendered upon the exercise of Warrants shall be cancelledcanceled, and such canceled Warrant Certificates shall constitute sufficient evidence of the number of Shares which have been issued upon the exercise of Warrants. The Company shall furnish to the Transfer Agent a copy of all notices of adjustment, and certificates related thereto, required to be transmitted to each Holder pursuant to Section 9(k) 8.6 hereof.

RESERVATION OF COMMON STOCK, ETC. The Company shall reserve for so long as -------------------------------- any Warrant remains outstanding a number of authorized and unissued Shares sufficient to provide for the exercise of all such Warrants, and the transfer agent for the Common Stock, which may be the Company (the "Transfer Agent"), is hereby irrevocably authorized and directed at all times until the Expiration Date to reserve such number of authorized and unissued Shares as necessary for such purpose. The Company shall keep copies of this Agreement on file with the Transfer Agent and shall supply the Transfer Agent with duly executed stock certificates for such purpose and will itself provide or otherwise make available any cash payable as provided in Section 16 of this Agreement. All Warrant Certificates surrendered upon the exercise of Warrants shall be cancelled, and such cancelled Warrant Certificates shall constitute sufficient evidence of the number of Shares which have been issued upon the exercise of Warrants. The Company shall furnish to the Transfer Agent a copy of all notices of adjustment, and certificates related thereto, required to be transmitted to each Holder pursuant to Section 9(k) 8.7 hereof.