Common use of Sufficient Authorized Shares Clause in Contracts

Sufficient Authorized Shares. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved, for the purpose of issuance of Common Stock upon any exercise of the purchase rights evidenced by this Warrant, and shall keep available free from preemptive rights, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Appears in 9 contracts

Samples: Warrant Agreement (Aspen Aerogels Inc), Warrant Agreement (Aspen Aerogels Inc), Warrant Agreement (Aspen Aerogels Inc)

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Sufficient Authorized Shares. During The Company covenants and agrees that during the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have authorized and reserved, for the purpose of issuance of Common Stock issue or transfer, upon any exercise of the purchase subscription rights evidenced by this Warrant, and shall keep available free from preemptive rights, a sufficient number of shares of its Common Stock common stock to provide for the purchase of Warrant Shares to the extent exercise of the rights represented by this Warrantright therefore shall have vested.

Appears in 1 contract

Samples: Warrant Agreement (Tru Shrimp Companies, Inc.)

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