Reserved Conversion Shares. The Company at all times from and after the date hereof shall have such number of shares of Common Stock duly and validly authorized and reserved for issuance as shall be sufficient for the conversion in full of, and the payment of dividends on, the Preferred Shares and the exercise in full of the Warrants.
Appears in 9 contracts
Samples: Securities Purchase Agreement (Precept Business Services Inc), Securities Purchase Agreement (Wareforce Com Inc), Securities Purchase Agreement (Ifs International Holdings Inc)
Reserved Conversion Shares. The Company at all times from and after the date hereof shall have such number of shares of Common Stock duly and validly authorized and reserved for issuance as shall be sufficient for the conversion conversion, in full of, and the payment of dividends on, on the Preferred Shares and the exercise in full of the Warrants.
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Samples: Securities Purchase Agreement (Innovative Gaming Corp of America), Securities Purchase Agreement (Innovative Gaming Corp of America)
Reserved Conversion Shares. The Company at all times from and after the date hereof shall have such a sufficient number of shares of Common Stock duly and validly authorized and reserved for issuance as shall be sufficient for to satisfy the conversion conversion, in full offull, and of the payment of dividends on, the 2,000 Preferred Shares and upon the exercise in full of the Warrants, such number of authorized and reserved shares to be at least 19.9% of the total outstanding shares of Common Stock on the Closing Date.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Cafe Odyssey Inc), Securities Purchase Agreement (Cafe Odyssey Inc)
Reserved Conversion Shares. The Company at all times from and after the date hereof shall have such a sufficient number of shares of Common Stock duly and validly authorized and reserved for issuance as shall be sufficient for to satisfy the conversion conversion, in full offull, of the Debentures and the payment of dividends on, the Preferred Shares and the full exercise in full of the WarrantsWarrants (assuming for purposes of this Section 3.F., a conversion price of $3.00).
Appears in 1 contract
Samples: Securities Purchase Agreement (Sac Technologies Inc)
Reserved Conversion Shares. The Company at all times from and after the date hereof shall have such number of shares of Common Stock duly and validly authorized and reserved for issuance as shall be sufficient for the conversion conversion, in full of, and the payment of dividends on, the 500 Preferred Shares and the exercise in full of the Warrants.
Appears in 1 contract
Samples: Securities Purchase Agreement (Innovative Gaming Corp of America)
Reserved Conversion Shares. The Company at all times from and after the date hereof shall have such a sufficient number of shares of Common Stock duly and validly authorized and reserved for issuance as shall be sufficient for to satisfy the conversion conversion, in full offull, and of the payment of dividends on, Debenture or the Preferred Shares and upon the exercise in full of the Warrants.
Appears in 1 contract
Samples: Securities Purchase Agreement (Immune Response Inc)
Reserved Conversion Shares. The Company at all times from and after the date hereof shall have such number of shares of Common Stock duly and validly authorized and reserved for issuance as shall be sufficient for the conversion in full of, and the payment of dividends on, the Preferred Shares and the exercise in full of the WarrantsWarrants such number of authorized and reserved Shares to be at least 19.9% of the total outstanding Shares of Common Stock on the Closing Date.
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Reserved Conversion Shares. The Company at all times from and after the date hereof shall have such a sufficient number of shares of Common Stock duly and validly authorized and reserved for issuance as shall be sufficient for to satisfy the conversion conversion, in full offull, and of the payment of dividends on, the 2,200 Preferred Shares and upon the exercise in full of the Warrants, such number of authorized and reserved shares to be at least 19.9% of the total outstanding shares of Common Stock on the Closing Date.
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Reserved Conversion Shares. The Company at all times from and after the date hereof shall have such number of shares of Common Stock duly and validly authorized and reserved for issuance as shall be sufficient for the conversion in full of, and of the payment of dividends on, the Series C Preferred Shares and the exercise in full of the Warrants.
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Reserved Conversion Shares. The Company at all times from and after the date hereof shall have such number of shares of Common Stock duly and validly authorized and reserved for issuance as shall be sufficient for the conversion in full of, and the payment of dividends interest on, the Preferred Shares and the exercise in full of the WarrantsDebenture.
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