Common use of The Conversion Shares Clause in Contracts

The Conversion Shares. The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, such number of shares of Common Stock as shall from time to time be sufficient to effect the conversion of all of the Notes and exercise of the Warrants then outstanding.

The Conversion Shares. The Company has authorized and has reserved and hereby covenants to that it will continue to reserve, free of any preemptive rights and other similar contractual rights of stockholdersor encumbrances, such a sufficient number of its authorized but previously unissued shares of Common Stock as shall from time to time be sufficient to effect satisfy the rights of conversion of all the holders of the Notes and exercise Purchased Shares. The shares of Common Stock issued or issuable upon conversion of the Warrants then outstandingPurchased Shares are referred to herein as the "Conversion Shares."

The Conversion Shares. The Company has authorized and has reserved and hereby covenants to that it will continue to reserve, free of any preemptive rights and other similar contractual rights of stockholdersor encumbrances, such a sufficient number of its authorized but previously unissued shares of Common Stock as shall from time to time be sufficient to effect satisfy the rights of conversion of all the holders of the Notes Purchased Shares and exercise the issuance of the Warrants then outstandingWarrant Shares. The shares of Common Stock issued or issuable upon conversion of the Purchased Shares are referred to herein as the "Conversion Shares."

The Conversion Shares. The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, such number no less than 200% (subject to Section 3.9) of its authorized but unissued shares of its Common Stock as shall from time to time be sufficient Stock, to effect the conversion of all of the Notes Debentures and the exercise of the Warrants. The Conversion Shares and the Warrant Shares collectively are referred to as the "Shares" and the Debentures and the Warrants then outstandingcollectively are referred to as the "Securities".

The Conversion Shares. The Company has authorized and has reserved and covenants to hereby agrees that it will continue to reserve, free of any preemptive rights and other similar contractual or encumbrances, a sufficient number of its authorized but previously unissued shares of Common Stock, to satisfy the rights of stockholders, such number conversion of the holders of the Purchased Shares. The shares of Common Stock as shall from time to time be sufficient to effect the issued or issuable upon conversion of all of the Notes and exercise of Purchased Shares are referred to herein as the Warrants then outstanding"Conversion Shares".

The Conversion Shares. The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, such a sufficient number (subject to Section 3.9) of its authorized but unissued shares of its Common Stock as shall from time to time be sufficient Stock, to effect the conversion of all of the Notes Preferred Shares and exercise of the Warrants. The Preferred Shares, the Conversion Shares and the Warrant Shares collectively are referred to as the "Shares" and the Shares and the Warrants then outstandingcollectively are referred to as the "Securities".