Common use of Available Shares Clause in Contracts

Available Shares. The Company shall have at all times authorized and reserved for issuance, free from preemptive rights, shares of Common Stock sufficient to yield the number of Common Stock issuable at conversion as may be required to satisfy the conversion rights of the Buyer pursuant to the terms and conditions of the Debentures.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Interamericas Communications Corp), Securities Purchase Agreement (Vyrex Corp), Securities Purchase Agreement (Greenman Technologies Inc)

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Available Shares. The Company shall have at all times authorized and reserved for issuance, free from preemptive rights, shares of Common Stock sufficient to yield the aggregate of one hundred twenty percent (120%) of the number of shares of Common Stock issuable at conversion as may be required to satisfy the conversion rights of the Buyer pursuant to the terms and conditions of the DebenturesDebenture.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Advanced Viral Research Corp), Securities Purchase Agreement (Advanced Viral Research Corp), Securities Purchase Agreement (Advanced Viral Research Corp)

Available Shares. The Company shall have at all times authorized and reserved for issuance, free from preemptive rights, shares of Common Stock sufficient to yield the number of Common Stock issuable at conversion as may be required to satisfy the conversion rights of the Buyer pursuant to the terms and conditions of the DebenturesPreferred Stock.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Dynagen Inc), Stock Purchase Agreement (Dynagen Inc), Stock Purchase Agreement (Kideo Productions Inc)

Available Shares. The Company shall have at all times authorized and reserved for issuance, free from preemptive rights, shares of Common Stock sufficient to yield the number of shares of Common Stock issuable at upon conversion and/or exercise as may be required to satisfy the conversion rights of the Buyer Buyers pursuant to the terms and conditions of the DebenturesPreferred Stock and the exercise rights of the Buyers pursuant to the terms of the Warrants.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Xybernaut Corp), Securities Purchase Agreement (Starbase Corp), Securities Purchase Agreement (Starbase Corp)

Available Shares. The Company shall have at all times authorized and reserved for issuance, free from preemptive rights, shares of Common Stock sufficient to yield the number of shares of Common Stock issuable at conversion as may be required to satisfy the conversion rights of the Buyer pursuant to the terms and conditions of the DebenturesPreferred Stock.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Xybernaut Corp), Securities Purchase Agreement (Starbase Corp)

Available Shares. The Company shall have at all times authorized and reserved for issuance, free from preemptive rights, shares of Common Stock sufficient to yield two hundred percent (200%) of the number of shares of Common Stock issuable at conversion as may be required to satisfy the conversion rights of the Buyer pursuant to the terms and conditions of the DebenturesPreferred Stock.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Voxcom Holdings Inc), Securities Purchase Agreement (Nhancement Technologies Inc)

Available Shares. The Company shall have at all times authorized and reserved for issuance, free from preemptive rights, shares of Common Stock sufficient to yield the number of shares of Common Stock issuable at upon conversion and/or exercise as may be required to satisfy the conversion rights of the Buyer pursuant to the terms and conditions of the DebenturesPreferred Stock and the exercise rights of the Buyer pursuant to the terms of the Warrants.

Appears in 1 contract

Samples: Securities Purchase Agreement (Xybernaut Corp)

Available Shares. The Company shall have at all times authorized and reserved for issuance, free from preemptive rights, shares of Common Stock sufficient to yield the number of Common Stock issuable at conversion as may be required to satisfy the conversion rights of the Buyer pursuant to the terms and conditions of the DebenturesPreferred Stock.

Appears in 1 contract

Samples: Securities Purchase Agreement (Anschutz Co)

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Available Shares. The Company shall have at all times authorized and reserved for issuance, free from preemptive rights, shares of Common Stock sufficient to yield the number of shares of Common Stock issuable at conversion and upon exercise of the Warrants as may be required to satisfy the conversion rights of the Buyer pursuant to the terms and conditions of the DebenturesPreferred Stock.

Appears in 1 contract

Samples: Securities Purchase Agreement (Compumed Inc)

Available Shares. The Company shall have at all times authorized and reserved for issuance, free from preemptive rights, shares of Common Stock sufficient to yield the number of shares of Common Stock issuable at conversion as may be required to satisfy the conversion rights of the Buyer Investors pursuant to the terms and conditions of the DebenturesPreferred Stock, including the maximum conversion of Series B Stock under the Restated Articles.

Appears in 1 contract

Samples: Investor Rights Agreement (Gardenburger Inc)

Available Shares. The Company shall have at all times authorized and reserved for issuance, free from preemptive rights, shares of Common Stock sufficient to yield the number of shares of Common Stock issuable at conversion as may be required to satisfy the conversion rights of the Buyer Buyers pursuant to the terms and conditions of the Debentures.

Appears in 1 contract

Samples: Securities Purchase Agreement (Stratus Services Group Inc)

Available Shares. (i) The Company shall have at all times authorized and reserved for issuance, issuance and free from preemptive rights, shares of Common Stock sufficient to yield an aggregate of 100% of the number of shares of Common Stock issuable at conversion as may be required to satisfy the conversion rights of the Buyer pursuant to the terms and conditions of the DebenturesCertificate of Designations. The Company shall initially reserve 6 million shares of authorized Common Stock to satisfy the requirements of this Section.

Appears in 1 contract

Samples: Securities Purchase Agreement (Dynagen Inc)

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