Board Actions. The Company shall have delivered to the Investor, within 10 business days upon receiving the notice of conversion, resolutions duly adopted by the Company's Board of Directors and, to the extent required by applicable law or by the Company's Articles of Incorporation, the Company's Shareholders, and certified by the Secretary of the Company (i) approving and authorizing the Company's execution and delivery of this Agreement, the Note and the Warrant, and the Company's performance thereunder, and (ii) authorizing the reservation of a sufficient number of shares of the Company's Common Stock to permit the conversion of the Note and to permit the exercise of the Warrant.
Appears in 5 contracts
Samples: Convertible Promissory Note And (VG Life Sciences, Inc.), Convertible Promissory Note and Warrant Purchase Agreement (VG Life Sciences Inc.), And Warrant Purchase Agreement (VG Life Sciences, Inc.)
