Common use of Share Reservation Clause in Contracts

Share Reservation. The Company shall at all times reserve and keep available out of its authorized Common Stock a number of shares equal to the full number of shares of Common Stock issuable upon conversion of all outstanding amounts under this Note. The Company will at all times reserve at least 3,000,000 shares of Common Stock for conversion.

Appears in 2 contracts

Samples: Cool Technologies, Inc., Cool Technologies, Inc.

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Share Reservation. The Company shall at all times reserve and keep available out of its authorized Common Stock a number of shares of Common Stock equal to 200% of the full number of shares of Common Stock issuable upon conversion of all outstanding amounts under this Note. The Company will at all times reserve at least 3,000,000 shares of Common Stock for conversion.

Appears in 2 contracts

Samples: NuGene International, Inc., NuGene International, Inc.

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Share Reservation. The Company shall at all times reserve and keep available out of its authorized Common Stock Stock, a number of shares equal to the full number of shares of Common Stock issuable upon conversion of all outstanding amounts under this Note. The Company will at all times reserve at least 3,000,000 4,500,000 shares of Common Stock for conversion.

Appears in 1 contract

Samples: Cool Technologies, Inc.

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