Reservation of Warrant Stock. If at any time the number of authorized but unissued shares of the Warrant Stock shall not be sufficient to effect the exercise of this Warrant, the Company will take all such corporate action as may be necessary to increase its authorized but unissued shares of Warrant Stock to such number of shares of Warrant Stock as shall be sufficient for such purpose.
Appears in 10 contracts
Samples: Warrant Agreement (Icm Asset Management Inc/Wa), Common Stock Purchase Agreement (Icm Asset Management Inc/Wa), Warrant Agreement (Icm Asset Management Inc/Wa)
Reservation of Warrant Stock. If at any time the number of authorized but unissued shares of the Warrant Stock shall not be sufficient to effect the exercise of this Warrant, the Company will take all such corporate action as may be necessary to increase its authorized but unissued shares of Warrant Stock to such number of shares of Warrant Stock as shall be sufficient for such purpose. The Company shall use its best efforts (i) to call a shareholder meeting as soon as possible for the purpose of increasing its number of authorized shares of Common Stock and (ii) to obtain shareholder approval of such increase as soon as possible.
Appears in 1 contract
Reservation of Warrant Stock. If at any time the number of authorized but unissued shares of the Warrant Company's Common Stock or other securities shall not be sufficient to effect the exercise of this Warrant, the Company will shall take all such corporate action as may may, in the opinion of its counsel, be necessary to increase its authorized but unissued shares of Warrant Common Stock or other securities to such number of shares of Warrant Common Stock or other securities as shall be sufficient for such purpose.
Appears in 1 contract
