Reservation of Stock Issuable on Exercise of Warrant. Following the Issue Date, the Company shall at all times while this Warrant shall be outstanding, reserve and keep available out of its authorized but unissued Common Stock, such number of shares of Common Stock as shall from time to time be sufficient to effect the exercise of all or any portion of the Warrant Shares (disregarding for this purpose any and all limitations of any kind on such exercise). Following the Issue Date, the Company shall, from time to time in accordance with Chapter 78 of the Nevada Revised Statutes, increase the authorized number of shares of Common Stock or take other effective action if at any time the unissued number of authorized shares shall not be sufficient to satisfy the Company’s obligations under this Section 8.
Appears in 4 contracts
Samples: Warrant Agreement (Marizyme, Inc.), Warrant Agreement (Marizyme, Inc.), Warrant Agreement (Marizyme, Inc.)
