Common use of RESERVATION OF UNITS Clause in Contracts

RESERVATION OF UNITS. The Company agrees during the term the rights under this Warrant are exercisable to take all reasonable action to reserve and keep available from its authorized and unissued units for the purpose of effecting the exercise of this Warrant such number of units as shall from time to time be sufficient to effect the exercise of the rights under this Warrant; and if at any time the number of authorized but unissued units shall not be sufficient for purposes of the exercise of this Warrant in accordance with its terms, without limitation of such other remedies as may be available to Holder, the Company will use all reasonable efforts to take such action as may be necessary to increase its authorized and unissued units to a number of units as shall be sufficient for such purposes.

Appears in 4 contracts

Samples: Triller Corp., Triller Corp., Triller Corp.

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