Common use of Reservation of Shares; Listing; Payment of Taxes; etc Clause in Contracts

Reservation of Shares; Listing; Payment of Taxes; etc. (a) The Company covenants that it will at all times reserve and keep available out of its authorized Common Stock, solely for the purpose of issue upon exercise of Warrants, such number of shares of Common Stock as shall then be issuable upon the exercise of all outstanding Warrants. The Company covenants that all Warrant Shares issuable upon exercise of Warrants shall, at the time of delivery, be duly and validly issued, fully paid, non-assessable and free from all taxes, liens and charges with respect to the issue thereof and that upon issuance such Warrant Shares shall be listed on each national securities exchange or eligible for inclusion in each automated quotation system, if any, on which the other shares of outstanding Common Stock of the Company are then listed or eligible for inclusion.

Appears in 6 contracts

Samples: Warrant Agreement (Emex Corp), Warrant Agreement (Thorn Tree Resources L L C), Warrant Agreement (Thorn Tree Resources L L C)

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Reservation of Shares; Listing; Payment of Taxes; etc. (a) The Company covenants that it will at all times reserve and keep available out of its authorized Common Stock, solely for the purpose of issue upon exercise of Warrants, such number of shares of Common Stock as shall then be issuable upon the exercise of all outstanding Warrants. The Company covenants that all Warrant Shares shares of Common Stock which shall be issuable upon exercise of Warrants shall, at the time of delivery, shall be duly and validly issued, issued any fully paid, non-assessable paid and nonassessable and free from all taxes, liens and charges with respect to the issue thereof thereof, and that upon issuance such Warrant Shares shares shall be listed on each national securities exchange or eligible for inclusion in each automated quotation system, if any, on which the other shares of outstanding Common Stock of the Company are then listed or eligible for inclusionlisted.

Appears in 3 contracts

Samples: Common Stock Purchase Warrant Agreement (Dynamic International LTD), Common Stock Purchase Warrant Agreement (Translation Group LTD), Common Stock Purchase Warrant Agreement (Translation Group LTD)

Reservation of Shares; Listing; Payment of Taxes; etc. (a) a. The Company covenants that it will at all times reserve and keep available out of its authorized Common Stock, solely for the purpose of issue upon exercise of Warrants, such number of shares of Common Stock as shall then be issuable upon the exercise of all outstanding Warrants. The Company covenants that all Warrant Shares shares of Common Stock which shall be issuable upon exercise of Warrants shall, at the time of delivery, shall be duly and validly issued, issued any fully paid, non-assessable paid and nonassessable and free from all taxes, liens and charges with respect to the issue thereof thereof, and that upon issuance such Warrant Shares shares shall be listed on each national securities exchange or eligible for inclusion in each automated quotation system, if any, on which the other shares of outstanding Common Stock of the Company are then listed or eligible for inclusionlisted.

Appears in 1 contract

Samples: Common Stock Purchase Warrant Agreement (Dynamic International LTD)

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Reservation of Shares; Listing; Payment of Taxes; etc. (a1) The Company covenants that it will at all times reserve and keep available out of its authorized Common Stock, solely for the purpose of issue upon exercise of Warrants, such number of shares of Common Stock as shall then be issuable upon the exercise of all outstanding Warrants. The Company covenants that all Warrant Shares shares of Common Stock which shall be issuable upon exercise of Warrants shall, at the time of delivery, shall be duly and validly issued, issued any fully paid, non-assessable paid and nonassessable and free from all taxes, liens and charges with respect to the issue thereof thereof, and that upon issuance such Warrant Shares shares shall be listed on each national securities exchange or eligible for inclusion in each automated quotation system, if any, on which the other shares of outstanding Common Stock of the Company are then listed or eligible for inclusionlisted.

Appears in 1 contract

Samples: Common Stock Purchase Warrant Agreement (Dynamic International LTD)

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