Reservation of Common Stock Issuable Upon Conversion. The Company shall at all times reserve and keep available out of its authorized but unissued shares of Common Stock solely for the purpose of effecting the conversion of the shares of Series A Preferred, such number of shares as shall from time to time be sufficient to effect the conversion of all outstanding shares of Series A Preferred.
Appears in 2 contracts
Samples: Subscription Agreement (BioPharmX Corp), Merger Agreement (One E Commerce CORP)
Reservation of Common Stock Issuable Upon Conversion. The Company shall at all times reserve and keep available out of its authorized but unissued shares of Common Stock Stock, solely for the purpose of effecting the conversion of the shares of Series A Preferredthe Preferred Stock, such number of its shares of Common Stock as shall from time to time be sufficient to effect the conversion of all outstanding shares of Series A Preferredthe Preferred Stock and all shares of Preferred Stock that may be issued upon drawdown of subscriptions by the Company.
Appears in 2 contracts
Samples: Subscription Agreement (Nephros Inc), Subscription Agreement (Nephros Inc)
Reservation of Common Stock Issuable Upon Conversion. The Company shall at all times reserve and keep available out of its authorized but unissued shares of Common Stock solely for the purpose of effecting the conversion of the shares of Series A B Preferred, such number of shares as shall from time to time be sufficient to effect the conversion of all outstanding shares of Series A B Preferred.
Appears in 1 contract
Reservation of Common Stock Issuable Upon Conversion. The Company Corporation shall at all times reserve and keep available out of its authorized but unissued shares of Common Stock Stock, solely for the purpose of effecting the conversion of the shares of the Series A PreferredPreferred Stock, such number of its shares of Common Stock as shall from time to time be sufficient to effect the conversion of all outstanding shares of the Series A PreferredPreferred Stock.
Appears in 1 contract
Samples: Series a Cumulative Convertible Preferred Stock Purchase Agreement (Monsterdaata Com Inc)
Reservation of Common Stock Issuable Upon Conversion. The Company Corporation shall at all times reserve and keep available out of its authorized but unissued shares of Common Stock Stock, solely for the purpose of effecting the conversion of the shares of the Series A Preferred, such number of shares as shall from time to time be sufficient to effect the conversion of all outstanding its shares of Series A Preferred.Common Stock as shall
Appears in 1 contract
Samples: Series B Preferred Stock Purchase Agreement (Velocom Inc)
