Common use of Covenant Regarding Capital Stock Clause in Contracts

Covenant Regarding Capital Stock. The Company will take all such action as may be necessary to ensure that all shares of Common Stock (and, following the occurrence of a Triggering Event, Common Stock and/or other securities) delivered upon exercise of Rights shall, at the time of delivery of the certificates for such shares (subject to payment of the Purchase Price), be duly and validly authorized and issued and fully paid and nonassessable.

Appears in 5 contracts

Samples: Rights Agreement (Thomas Group Inc), Rights Agreement (Thomas Group Inc), Rights Agreement (Texas New Mexico Power Co)

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Covenant Regarding Capital Stock. The Company will take all such action as may be necessary to ensure that all shares one one-hundredth of Common a share of Preferred Stock (and, following the occurrence of a Triggering Event, Common Stock and/or other securities) delivered upon exercise of Rights shall, at the time of delivery of the certificates for such shares (subject to payment of the Purchase Price), be duly and validly authorized and issued and fully paid and nonassessable.

Appears in 2 contracts

Samples: Rights Agreement (Comstock Resources Inc), Rights Agreement (Comstock Resources Inc)

Covenant Regarding Capital Stock. The Company will take all such action as may be necessary to ensure that all shares one one-thousandth of Common a share of Preferred Stock (and, following the occurrence of a Triggering Event, Common Stock and/or other securities) delivered upon exercise of Rights shall, at the time of delivery of the certificates for such shares (subject to payment of the Purchase Price), be duly and validly authorized and issued and fully paid and nonassessable.

Appears in 2 contracts

Samples: Rights Agreement (Pegasus Systems Inc), Rights Agreement (Pegasus Systems Inc)

Covenant Regarding Capital Stock. The Company will take all such action as may be necessary to ensure that all shares one one-thousandths of Common a share of Preferred Stock (and, following the occurrence of a Triggering Event, Company Common Stock and/or other securities) delivered upon exercise of Rights shall, at the time of delivery of the certificates for such shares (subject to payment of the Purchase Price), be duly and validly authorized and issued and fully paid and nonassessable.

Appears in 2 contracts

Samples: Rights Agreement (Eagle Materials Inc), Rights Agreement (Centex Construction Products Inc)

Covenant Regarding Capital Stock. The Company will take all such action as may be necessary to ensure that all shares of Common Stock (and, following the occurrence of a Triggering Event, Common Stock and/or other securities) delivered upon exercise of Rights shall, at the time of delivery of the certificates for such shares (subject to payment of the Purchase Price), be duly and validly authorized and issued and fully paid and nonassessable.

Appears in 2 contracts

Samples: Rights Agreement (Bi Inc), Rights Agreement (Bi Inc)

Covenant Regarding Capital Stock. The Company will take all such -------------------------------- action as may be necessary to ensure that all shares one one-thousandths of Common a share of Preferred Stock (and, following the occurrence of a Triggering Event, Common Stock and/or other securities) delivered upon exercise of Rights shall, at the time of delivery of the certificates for such shares (subject to payment of the Purchase Price), be duly and validly authorized and issued and fully paid and nonassessable.

Appears in 1 contract

Samples: Rights Agreement (Cellstar Corp)

Covenant Regarding Capital Stock. The Company will take all -------------------------------- such action as may be necessary to ensure that all shares one one-thousandths of Common a share of Preferred Stock (and, following the occurrence of a Triggering Event, Common Stock and/or other securities) delivered upon exercise of Rights shall, at the time of delivery of the certificates for such shares (subject to payment of the Purchase Price), be duly and validly authorized and issued and fully paid and nonassessable.

Appears in 1 contract

Samples: Rights Agreement (Cellstar Corp)

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Covenant Regarding Capital Stock. The Company will take all such action as may be necessary to ensure that all shares of Common Stock (and, following the occurrence of a Triggering Event, Common Stock and/or Stock, or other securities) delivered upon exercise of Rights shall, at the time of delivery of the certificates for such shares (subject to payment of the Purchase Price), be duly and validly authorized and issued and fully paid and nonassessable.

Appears in 1 contract

Samples: Rights Agreement (Cash America International Inc)

Covenant Regarding Capital Stock. The Company will take all such action as may be necessary to ensure that all shares one one-thousandths of Common a share of Preferred Stock (and, following the occurrence of a Triggering Event, shares of Common Stock and/or other securities, as the case may be) delivered upon exercise of Rights shall, at the time of delivery of the certificates for such shares (subject to payment of the Purchase Price), be duly and validly authorized and issued and fully paid and nonassessable.

Appears in 1 contract

Samples: Rights Agreement (Commercial Metals Co)

Covenant Regarding Capital Stock. The Company will take all such action as may be necessary to ensure that all shares one one-thousandths of Common a share of the Preferred Stock (and, following the occurrence of a Triggering Event, Common Stock and/or other securities) delivered upon exercise of Rights shall, at the time of delivery of the certificates for such shares (subject to payment of the Purchase Price), be duly and validly authorized and issued and fully paid and nonassessable.

Appears in 1 contract

Samples: Rights Agreement (Alamosa Holdings Inc)

Covenant Regarding Capital Stock. The Company will take all such action as may be necessary to ensure that all shares one one-hundredths of Common a share of Preferred Stock (and, following the occurrence of a Triggering Event, Common Stock and/or other securities) delivered upon exercise of Rights shall, at the time of delivery of the certificates for such shares (subject to payment of the Purchase Price), be duly and validly authorized and issued and fully paid and nonassessable.

Appears in 1 contract

Samples: Rights Agreement (Trinity Industries Inc)

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