Common use of Covenants and Warranties as to Common Stock Clause in Contracts

Covenants and Warranties as to Common Stock. The Company covenants that it will keep reserved or otherwise available a sufficient number of authorized and unissued shares of Common Stock to meet conversion requirements in respect of the Deposited Stock and that it will give written notice to the Depositary of any adjustments in the conversion price made pursuant to the Certificate of Designation. The Company represents and warrants that the Common Stock issued upon conversion of the Deposited Stock will be validly issued, fully paid and non-assessable.

Appears in 2 contracts

Samples: Deposit Agreement (Nationsbank Corp), Deposit Agreement (Boatmens Bancshares Inc /Mo)

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Covenants and Warranties as to Common Stock. The Company ------------------------------------------- covenants that it will keep reserved or otherwise available a sufficient number of authorized and unissued shares of Common Stock to meet conversion requirements in respect of the Deposited Stock and that it will give written notice to the Depositary of any adjustments in the conversion price made pursuant to the Certificate of Designation. The Company represents and warrants that the Common Stock issued upon conversion of the Deposited Stock will be validly issued, fully paid and non-assessable.

Appears in 1 contract

Samples: Deposit Agreement (Boatmens Bancshares Inc /Mo)

Covenants and Warranties as to Common Stock. The ------------------------------------------- Company covenants that it will keep reserved or otherwise available a sufficient number of authorized and unissued shares of Common Stock to meet conversion requirements in respect of the Deposited Stock Depositary Shares and that it will give written notice to the Depositary of any adjustments in the conversion price made pursuant to the Certificate of DesignationArticles Supplementary. The Company represents and warrants that the Common Stock issued upon conversion of the Deposited Stock Depositary Shares will be validly issued, fully paid and non-assessable.

Appears in 1 contract

Samples: Deposit Agreement (Nationwide Health Properties Inc)

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Covenants and Warranties as to Common Stock. The ------------------------------------------- Company covenants that it will keep reserved or otherwise available a sufficient number of authorized and unissued shares of Common Stock to meet conversion requirements in respect of the Deposited Stock and that it will give written notice to the Depositary of any adjustments in the conversion price made pursuant to as set forth in the Certificate of DesignationCertificate. The Company represents and warrants that the Common Stock issued upon conversion of the Deposited Stock Stock, when issued, will be validly issued, fully paid and non-assessable.

Appears in 1 contract

Samples: Deposit Agreement (Cablevision Systems Corp)

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