Common use of Reserve Shares Clause in Contracts

Reserve Shares. After the Closing, the Company will at all times reserve and keep available, solely for issuance and delivery upon conversion of the Preferred Share and the exercise of the Warrants, the number of shares of Class A Common Stock from time to time issuable upon conversion of all shares of the Preferred Shares or upon the exercise of the Warrants at the time outstanding. All shares of Class A Common Stock issuable upon conversion of the Preferred Shares or upon the exercise of the Warrants shall be duly authorized and, when issued upon such conversion or exercise, shall be validly issued, fully paid and nonassessable.

Reserve Shares. After the Closing, the Company will at all times reserve and keep available, solely for issuance and delivery upon conversion of the Preferred Share and the exercise of the Warrants, the number of shares of Class A Common Stock from time to time issuable upon conversion of all shares of the Preferred Shares or upon the exercise of the Warrants at the time outstanding. All shares of Class A Common Stock issuable upon conversion of the Preferred Shares or upon the exercise of the Warrants shall be duly authorized and, when issued upon such conversion or exercise, shall be validly issued, fully paid and nonassessable.

Reserve Shares. After the Closing, the The Company will at all times reserve and keep available, solely for issuance and delivery upon conversion of the Preferred Share and Stock or the exercise of the Warrants, the number of shares of Class A Common Stock and Non-Voting Common Stock from time to time issuable upon conversion of all shares of the Preferred Shares or upon the Stock and exercise of the Warrants at the time outstanding. All shares of Class A Common Stock and Non-Voting Common Stock issuable upon conversion of the Preferred Shares Stock or upon the exercise of the Warrants shall be duly authorized and, when issued upon such conversion or exercise, shall be validly issued, fully paid and nonassessable.