Common use of Company to Reserve Common Shares Clause in Contracts

Company to Reserve Common Shares. The Company shall at all times prior to the Stock Purchase Date reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Shares the full number of Common Shares issuable against tender of payment in respect of all Purchase Contracts underlying the Units.

Appears in 2 contracts

Samples: Master Unit Agreement (Seagram Co LTD), Purchase Contract Agreement (Seagram Co LTD)

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Company to Reserve Common Shares. The Company shall at all times prior to the Stock Share Purchase Date reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Shares the full maximum number of Common Shares issuable against tender of payment in respect of all Purchase Contracts underlying constituting a part of the UnitsUnits evidenced by Outstanding Certificates.

Appears in 2 contracts

Samples: Purchase Contract Agreement (Platinum Underwriters Holdings LTD), Purchase Contract Agreement (Platinum Underwriters Holdings LTD)

Company to Reserve Common Shares. The Company shall at all times prior to the Stock Purchase Contract Settlement Date reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Shares the full number of Common Shares issuable against tender of payment in respect of all Purchase Contracts underlying constituting a part of the UnitsSecurities evidenced by Outstanding Certificates.

Appears in 2 contracts

Samples: Form of Purchase Contract Agreement (Arvin Industries Inc), Purchase Contract Agreement (Partnerre LTD)

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Company to Reserve Common Shares. The Company shall at all times prior to the Stock Purchase Contract Settlement Date reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Shares the full number of Common Shares issuable against tender of payment in respect of all Purchase Contracts underlying constituting a part of the UnitsUnits evidenced by Outstanding Certificates.

Appears in 1 contract

Samples: Purchase Contract and Pledge Agreement (Assured Guaranty LTD)

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