Common use of Authorization and Reservation of Shares Clause in Contracts

Authorization and Reservation of Shares. During the Exercise Period, the Company shall have duly authorized a sufficient number of shares of Common Stock, free from preemptive rights and from any other restrictions imposed by the Company without the consent of the Holder, to provide for the exercise in full of this Warrant. The Company shall at all times during the Exercise Period reserve and keep available out of such authorized but unissued shares of Common Stock such number of shares to provide for the exercise in full of this Warrant.

Appears in 17 contracts

Samples: Warrant Agreement (Manugistics Group Inc), Warrant Agreement (Pure Capital Inc), Warrant Agreement (Pegasystems Inc)

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Authorization and Reservation of Shares. During the Exercise Period, the Company shall have duly authorized a sufficient number of shares of Common Preferred Stock, free from preemptive rights and from any other restrictions imposed by the Company without the consent of the Holder, to provide for the exercise in full of this Warrant. The Company shall at all times during the Exercise Period reserve and keep available out of such authorized but unissued shares of Common Preferred Stock such number of shares to provide for the exercise in full of this Warrant.

Appears in 2 contracts

Samples: Note and Share Cancellation and Exchange Agreement (Elite Data Services, Inc.), Warrant Agreement (Elite Data Services, Inc.)

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Authorization and Reservation of Shares. During the Exercise Period, the Company shall have duly authorized a sufficient number of shares of Common StockOrdinary Shares, free from preemptive rights and from any other restrictions imposed by the Company without the consent of the Holder, to provide for the exercise in full of this Warrant. The Company shall at all times during the Exercise Period reserve and keep available out of such authorized but unissued shares of Common Stock Ordinary Shares such number of shares to provide for the exercise in full of this Warrant.

Appears in 1 contract

Samples: Clicksoftware Technologies LTD

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