Common use of Covenant to Reserve Shares Clause in Contracts

Covenant to Reserve Shares. The Company covenants that it will at all times reserve and keep available, free from pre-emptive rights, out of its authorized but unissued Common Stock, such number of shares of Common Stock as shall then be deliverable upon the conversion of all outstanding Convertible Securities.

Appears in 7 contracts

Samples: Indenture (Wells Fargo & Co/Mn), Indenture (Wells Fargo & Co/Mn), Indenture (Bremer Financial Corporation)

AutoNDA by SimpleDocs

Covenant to Reserve Shares. The Company Issuer covenants that it will at all times reserve and keep available, free from pre-emptive rights, out of its authorized but unissued Common Stock, such number of shares of Common Stock as shall then be deliverable upon the conversion of all outstanding Convertible SecuritiesOutstanding Securities of any series of Securities which are convertible into Common Stock.

Appears in 7 contracts

Samples: Newmont (Newmont Mining Corp /De/), Newmont (Newmont Mining Corp /De/), Newmont (Newmont Usa LTD)

Covenant to Reserve Shares. The Company covenants that it will at all times reserve and keep available, free from pre-emptive rights, out of its authorized but unissued Common Stock, such number of shares of Common Stock as shall then be deliverable upon the conversion of all outstanding Convertible SecuritiesOutstanding Securities of any series of Securities which are convertible into Common Stock.

Appears in 3 contracts

Samples: Chesapeake Corp /Va/, Indenture (Richfood Holdings Inc), Richfood Holdings Inc

Covenant to Reserve Shares. The Company covenants that it will at all times reserve and keep available, free from pre-emptive rights, out of its authorized but unissued Common Stock, such number of shares of Common Stock as shall then be deliverable upon the conversion of all outstanding Convertible Securities.. * * * * *

Appears in 2 contracts

Samples: Indenture (Bankamerica Corp/De/), Indenture (Sovereign Capital Trust Iv)

Covenant to Reserve Shares. The Company Corporation covenants that it will at all times reserve and keep available, free from pre-emptive rights, out of its authorized but unissued Common Stock, such number of shares of Common Stock as shall then be deliverable upon the conversion of all outstanding Convertible SecuritiesSecurities of any series of Securities which are convertible into Common Stock.

Appears in 2 contracts

Samples: Indenture (J P Morgan Chase & Co), J P Morgan Chase & Co

Covenant to Reserve Shares. The Company covenants that it will at all times reserve and keep available, free from pre-emptive rights, out of its authorized but unissued Common Stock, such number of shares of Common Stock as shall then be deliverable upon the conversion of all outstanding Convertible Securities.. 107 117

Appears in 1 contract

Samples: Indenture (Indymac Capital Trust I)

Covenant to Reserve Shares. The Company Guarantor covenants that it will at all times reserve and keep available, free from pre-emptive rights, out of its authorized but unissued Common StockStock or treasury shares, such number of shares of Common Stock as shall then be deliverable upon the conversion of all outstanding Convertible Securities.

Appears in 1 contract

Samples: Indenture (M&i Capital Trust C)

AutoNDA by SimpleDocs

Covenant to Reserve Shares. The Company Corporation covenants that it will at all times reserve and keep available, free from pre-emptive rights, out of its authorized but unissued Common Stock, such number of shares of Common Stock as shall then be deliverable upon the conversion of all outstanding Convertible Securities.

Appears in 1 contract

Samples: Delphi Corporation (Delphi Trust)

Covenant to Reserve Shares. The Company Corporation covenants that it will at all times reserve and keep available, free from pre-emptive rights, out of its authorized but unissued Shares of Common Stock, such number of shares Shares of Common Stock as shall then be deliverable upon the conversion of all outstanding Convertible Securities. Xxxxx Fargo Bank, National Association, the party of the second part, xxxxxx accepts the trusts in this Indenture, solely as Trustee, upon the terms and conditions herein above set forth.

Appears in 1 contract

Samples: Mercer International Inc.

Covenant to Reserve Shares. The Company covenants that it will at all times reserve and keep available, free from pre-emptive preemptive rights, out of its authorized but unissued shares of Common Stock, solely for the purpose of issuance upon conversion of the Note as herein provided, such number of shares of Common Stock as shall then be deliverable issuable upon the conversion of the Note. The Company covenants that all outstanding Convertible Securitiesshares of Common Stock which shall be so issuable shall be, when issued in accordance with the Note and this Agreement, duly and validly issued and fully paid and nonassessable.

Appears in 1 contract

Samples: Riddell Sports Inc

Covenant to Reserve Shares. The Company covenants that it will at all times reserve and keep available, free from pre-emptive rights, out of its authorized but unissued Common Stock, Stock such number of shares of Common Stock as shall then be deliverable upon the conversion of all outstanding Convertible Securities.. * * * * *

Appears in 1 contract

Samples: Indenture (Bankamerica Corp/De/)

Time is Money Join Law Insider Premium to draft better contracts faster.