Common use of Shares to be Fully Paid; Reservation of Shares Clause in Contracts

Shares to be Fully Paid; Reservation of Shares. The Company covenants and agrees that all Shares which may be purchased hereunder will, upon issuance and delivery against payment therefor of the requisite purchase price, be duly and validly issued, fully paid and nonassessable. The Company further covenants and agrees that, during the period within which this Warrant may be exercised, the Company will at all times have authorized and reserved a sufficient amount of Common Stock to provide for the exercise of this Warrant.

Appears in 4 contracts

Samples: Warrant Agreement (MVP REIT II, Inc.), Warrant Agreement (MVP REIT II, Inc.), Warrant Agreement

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Shares to be Fully Paid; Reservation of Shares. The Company covenants and agrees that all Shares which may be purchased hereunder will, upon issuance and delivery against payment therefor of the requisite purchase price, be duly and validly issued, fully paid and nonassessablenon-assessable. The Company further covenants and agrees that, during the period periods within which this the Warrant may be exercised, the Company will at all times have authorized and reserved a sufficient amount number of Common Stock Shares to provide for the exercise of this the Warrant.

Appears in 2 contracts

Samples: Warrant Issuance Agreement (Altair Nanotechnologies Inc), Warrant Agreement (Altair Nanotechnologies Inc)

Shares to be Fully Paid; Reservation of Shares. The Company covenants and agrees that all Shares which may be purchased hereunder will, upon issuance and delivery against payment therefor of the requisite purchase price, be duly and validly issued, fully paid and nonassessable. The Company further covenants and agrees that, during the period within which this Warrant may be exercised, the Company will at all times have authorized and reserved a sufficient amount of Class A Common Stock to provide for the exercise of this Warrant.

Appears in 2 contracts

Samples: Warrant Agreement (Preferred Apartment Communities Inc), Warrant Agreement (Preferred Apartment Communities Inc)

Shares to be Fully Paid; Reservation of Shares. The Company covenants and agrees that all Shares which may be purchased hereunder will, upon issuance and delivery against payment therefor of the requisite purchase price, be duly and validly issued, fully paid and nonassessable. The Company further covenants and agrees that, during the period periods within which this the Placement Agent's Warrant may be exercised, the Company will at all times have authorized and reserved a sufficient amount number of shares of its Common Stock to provide for the exercise of this the Placement Agent's Warrant.

Appears in 2 contracts

Samples: Warrant Agreement (Universal Display Corp \Pa\), Placement Agent Agreement (Northfield Laboratories Inc /De/)

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Shares to be Fully Paid; Reservation of Shares. The Company covenants and agrees that all Shares which may be purchased hereunder will, upon issuance and delivery against payment therefor of the requisite purchase price, be duly and validly issued, fully paid and nonassessable. The Company further covenants and agrees that, during the period periods within which this the Placement Agent's Warrant may be exercised, the Company will at all times have authorized and reserved a sufficient amount number of Common Stock Shares to provide for the exercise of this the Placement Agent's Warrant.

Appears in 1 contract

Samples: Warrant Agreement (Altair Nanotechnologies Inc)

Shares to be Fully Paid; Reservation of Shares. The Company covenants and agrees that all Shares which may be purchased hereunder will, upon issuance and delivery against payment therefor of the requisite purchase price, be duly and validly issued, fully paid and nonassessable. The Company further covenants and agrees that, during the period periods within which this the Placement Agent’s Warrant may be exercised, the Company will at all times have authorized and reserved a sufficient amount of Common Stock to provide for the exercise of this the Placement Agent’s Warrant.

Appears in 1 contract

Samples: Warrant Agreement (Towerstream Corp)

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