Common use of Shares to be Issued; Reservation of Shares Clause in Contracts

Shares to be Issued; Reservation of Shares. The Company covenants that the Shares that may be issued upon the exercise of the purchase rights represented by this Warrant will, upon issuance in accordance herewith, be fully paid and non-assessable, and free from all liens and charges with respect to the issue thereof. During the period within which the purchase rights represented by the Warrant may be exercised, the Company will at all times have authorized and reserved, for the purpose of issuance upon exercise of the purchase rights represented by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the right represented by this Warrant.

Appears in 27 contracts

Samples: Health Enhancement Products Inc, Health Enhancement Products Inc, Health Enhancement Products Inc

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Shares to be Issued; Reservation of Shares. The Company covenants that the Shares that may be issued upon the exercise of the purchase rights represented by this Warrant will, upon issuance in accordance herewithissuance, be fully paid and non-assessable, and free from all liens and charges with respect to the issue thereof. During the period within which the purchase rights represented by the Warrant may be exercised, the Company will at all times have authorized and reserved, for the purpose of issuance upon exercise of the purchase rights represented by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the right represented by this Warrant.

Appears in 14 contracts

Samples: Stock Warrant Agreement (One Price Clothing Stores Inc), Nextera Enterprises Inc, Nextera Enterprises Inc

Shares to be Issued; Reservation of Shares. The Company covenants that the Shares that may be are issued upon the exercise of the purchase rights represented by this Warrant and payment of the exercise price will, upon issuance in accordance herewithissuance, be fully paid and non-assessablenonassessable, and free from all liens and charges with respect to the issue thereof. During the period within which the purchase rights represented by the Warrant may be exercised, the Company will at all times have authorized and reserved, for the purpose of issuance upon exercise of the purchase rights represented by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the right represented by this Warrant.

Appears in 1 contract

Samples: Boston Restaurant Associates Inc

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Shares to be Issued; Reservation of Shares. The Company covenants ------------------------------------------- that the Shares that may be issued upon the exercise of the purchase rights represented by this Warrant will, upon issuance in accordance herewithissuance, be fully paid and non-assessable, and free from all liens and charges with respect to the issue thereof. During the period within which the purchase rights represented by the Warrant may be exercised, the Company will at all times have authorized and reserved, for the purpose of issuance upon exercise of the purchase rights represented by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the right represented by this Warrant.

Appears in 1 contract

Samples: Boston Biomedica Inc

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