Common use of Reserved Conversion Shares Clause in Contracts

Reserved Conversion Shares. The Company at all times from and after the date hereof shall have a sufficient number of shares of Common Stock duly and validly authorized and reserved for issuance to satisfy the conversion, in full, of the Preferred Shares and upon the exercise of the Warrants and the Redemption Warrants.

Appears in 3 contracts

Samples: Securities Purchase Agreement (American Telesource International Inc), Securities Purchase Agreement (American Telesource International Inc), Securities Purchase Agreement (American Telesource International Inc)

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Reserved Conversion Shares. The Company at all times from and after the date hereof shall have a sufficient number of shares of Common Stock duly and validly authorized and reserved for issuance to satisfy the conversion, in full, of the Preferred Shares and upon the exercise of the Warrants and the Redemption WarrantsNotes.

Appears in 3 contracts

Samples: Senior Note Purchase Agreement (Reliable Credit Association Profit Sharing Pl Acct 97305370), Senior Note Purchase Agreement (Marine Management Systems Inc), Senior Note Purchase Agreement (Wechsler Norman J)

Reserved Conversion Shares. The Company at all times from and after the date hereof shall have a sufficient such number of shares of Common Stock duly and validly authorized and reserved for issuance to satisfy as shall be sufficient for the conversion, conversion in full, full of the Preferred Shares and upon the exercise of the Warrants and the Redemption WarrantsShares.

Appears in 2 contracts

Samples: Securities Exchange Agreement (Chell Group Corp), Securities Exchange Agreement (Chell Group Corp)

Reserved Conversion Shares. The Company at all times from and after the date hereof shall have a sufficient number of shares of Common Stock duly and validly authorized and reserved for issuance to satisfy the conversion, in full, of the Preferred Shares and upon the exercise of the Warrants and the Redemption Warrants.Stock

Appears in 1 contract

Samples: Securities Purchase Agreement (Diplomat Direct Marketing Corp)

Reserved Conversion Shares. The Company at all times from and after the date hereof shall have a sufficient number of shares of Common Stock duly and validly authorized and reserved for issuance to satisfy the conversion, in full, of the 3,000 Preferred Shares and upon the exercise of the Warrants and the Redemption Warrants.

Appears in 1 contract

Samples: Securities Purchase Agreement (Thermatrix Inc)

Reserved Conversion Shares. The Company at all times from and after the date hereof shall have a sufficient number of shares of Common Stock duly and validly authorized and reserved for issuance to satisfy the conversion, in full, of the Preferred Shares and upon the exercise of the Warrants and the Redemption Warrants.

Appears in 1 contract

Samples: Securities Purchase Agreement (Viisage Technology Inc)

Reserved Conversion Shares. The Company at all times from and after the date hereof shall have a sufficient number of shares of Common Stock duly and validly authorized and reserved for issuance to satisfy the conversion, in full, of the Preferred Shares and upon the exercise Debentures (assuming for purposes of the Warrants and the Redemption Warrantsthis Section 3.g., a conversion price of $.75).

Appears in 1 contract

Samples: Securities Purchase Agreement (Earth Sciences Inc)

Reserved Conversion Shares. The Company at all times from and after the date hereof shall have a sufficient such number of shares of Common Stock duly and validly authorized and reserved for issuance to satisfy as shall be sufficient for the conversionconversion in full of, and the payment of interest on, the Debenture and the exercise in full, full of the Preferred Shares and upon the exercise of the Warrants and the Redemption WarrantsWarrant.

Appears in 1 contract

Samples: Securities Purchase Agreement (Inforetech Wireless Technology Inc)

Reserved Conversion Shares. The Company at all times from and after the date hereof shall have a sufficient number of shares of Common Stock duly and validly authorized and reserved for issuance to satisfy the conversion, in full, of the Preferred Shares and upon the exercise Debentures (assuming for purposes of the Warrants and the Redemption Warrantsthis Section 3.g., a conversion price of $1.50).

Appears in 1 contract

Samples: Securities Purchase Agreement (Compositech LTD)

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Reserved Conversion Shares. The Company at all times from and after the date hereof shall have a sufficient such number of shares of Common Stock duly and validly authorized and reserved for issuance to satisfy as shall be sufficient for the conversion, conversion in full, full of the Preferred Shares Debenture and upon the exercise of the Warrants Conversion Warrant and the Redemption WarrantsInitial Warrant.

Appears in 1 contract

Samples: Securities Purchase Agreement (Trinity Medical Group Inc)

Reserved Conversion Shares. The Company at all times from and after the date hereof shall have a sufficient such number of shares of Common Stock duly and validly authorized and reserved for issuance to satisfy as shall be sufficient for the conversion, conversion in full, full of the Preferred Shares Debenture and upon the exercise of the Warrants and the Redemption Warrants.

Appears in 1 contract

Samples: Securities Purchase Agreement (Us Data Authority Inc)

Reserved Conversion Shares. The Company at all times from and after the date hereof shall have a sufficient number of shares of Common Stock duly and validly authorized and reserved for issuance to satisfy the conversion, in full, of the 1,000 Preferred Shares and upon the exercise of the Warrants and the Redemption Warrants.

Appears in 1 contract

Samples: Securities Purchase Agreement (Thermatrix Inc)

Reserved Conversion Shares. The Company at all times from and after the date hereof shall have a sufficient such number of shares of Common Stock duly and validly authorized and reserved for issuance to satisfy as shall be sufficient for the conversion, conversion in full, full of the Preferred Shares and upon the exercise of the Warrants and the Redemption WarrantsDebenture.

Appears in 1 contract

Samples: Securities Purchase Agreement (Usa Technologies Inc)

Reserved Conversion Shares. The Company at all times from and after the date hereof shall have a sufficient number of shares of Common Stock duly and validly authorized and reserved for issuance to satisfy the conversion, in full, of the 2,000 Preferred Shares and upon the exercise of the Warrants and the Redemption Warrants.

Appears in 1 contract

Samples: Securities Purchase Agreement (Thermatrix Inc)

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