Availability of Shares. The Company hereby covenants that at all times there shall be made available, free of any Encumbrances, for issuance and delivery upon conversion of the Purchased Shares, such number of Ordinary Shares or other shares in the share capital of the Company as are from time to time issuable upon conversion of the Purchased Shares from time to time, and will take all steps necessary to increase its authorized share capital to provide for sufficient number of Ordinary Shares issuable upon conversion of the Purchased Shares.
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Samples: Series B Preferred Shares Purchase Agreement (Niu Technologies), Series C Preferred Shares Purchase Agreement (InnoLight Technology Corp), Series B Preferred Shares Purchase Agreement (Niu Technologies)
Availability of Shares. The Company hereby covenants that at all times there shall be made available, free of any Encumbrancesencumbrances, for issuance and delivery upon conversion of the Purchased Subscribed Shares, such number of Ordinary Shares or other shares in the share capital of the Company as are from time to time issuable upon conversion of the Purchased Subscribed Shares from time to time, and will take all steps necessary to increase its authorized share capital to provide for sufficient number of Ordinary Shares issuable upon conversion of the Purchased Subscribed Shares.
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Availability of Shares. The Company hereby covenants that at all times there shall be made available, free of any Encumbrancesencumbrances, for issuance and delivery upon conversion of the Purchased Shares, such number of Ordinary Shares or other shares in the share capital of the Company as are from time to time issuable upon conversion of the Purchased Shares from time to time, and will take all steps necessary to increase its authorized share capital to provide for sufficient number of Ordinary Shares issuable upon conversion of the Purchased Shares.
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