Common use of Share Reservation Clause in Contracts

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

Appears in 3 contracts

Samples: Convertible Secured Note (Hightimes Holding Corp.), Consent Agreement (Hightimes Holding Corp.), Consent Agreement

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

Appears in 2 contracts

Samples: Note Agreement (NuGene International, Inc.), Note (NuGene International, Inc.)

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