Increase in Authorized Capital Sample Clauses

Increase in Authorized Capital. Each Shareholder agrees to vote all of its Shares from time to time and at all times, in whatever manner shall be necessary to authorize an increase in the authorized number of shares of the Company so that there will be sufficient Ordinary Shares available for conversion of all of the then-outstanding Preferred Shares at any time that an adjustment to the relevant conversion price with respect to the Preferred Shares is made under the Articles.
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Increase in Authorized Capital. The Company hereby agrees to take such action as is reasonably necessary to call a meeting of its shareholders for the purpose of submitting a proposal to amend the Company's certificate of incorporation to increase the number of authorized shares of Common Stock to a number that will allow the holders of the Preferred Stock and the Warrants to convert or exercise such Securities in accordance with their terms.
Increase in Authorized Capital. The Company shall take all actions necessary to increase its authorized shares of common stock to 150,000,000 within one hundred and twenty (120) days hereof. The Company shall furnish to each Buyer and its legal counsel promptly before the same is filed with the SEC, one copy of the proxy or information statement and any amendment thereto, and shall deliver to each Buyer promptly each letter written by or on behalf of the Company to the SEC or the staff of the SEC, and each item of correspondence from the SEC or the staff of the SEC, in each case relating to such proxy or information statement (other than any portion thereof which contains information for which the Company has sought confidential treatment). The Company will promptly respond to any and all comments received from the SEC (which comments shall promptly be made available to each Buyer). The Company shall comply with the filing and disclosure requirements of Section 14 under the 1934 Act in connection with obtaining the approval of the Company’s stockholders to increase its authorized shares of common stock. The Company represents and warrants that its Board of Directors has approved the proposal contemplated by this Section 4(p) and shall indicate such approval in the proxy or information statement used in connection with the Stockholder Approval.
Increase in Authorized Capital. Prior to Closing Date, the shareholders of the COMPANY shall approve the increase of the authorized share capital of COMPANY from 300,000,000 to 20,000,000,000.
Increase in Authorized Capital. As soon as practicable after the Closing, ESI will increase its authorized shares of common stock from 100,000,000 shares to 500,000,000.
Increase in Authorized Capital. Prior to Closing, Tylerstone shall effectuate an amendment to its Certificate of Incorporation to increase its authorized capital from 25,000,000 shares of common stock to 500,000,000 shares of common stock. Tylerstone shall take all necessary steps to amend its Certificate of Incorporation to reflect the increase in authorized capital.
Increase in Authorized Capital. Within 60 days after the Closing Date, the Company will use its best efforts to ensure that all of the outstanding shares of common stock and all of the shares of common stock issuable under securities issued and to be issued by the Company, including the shares of common stock underlying the Series C, have been properly authorized. If such actions have not been completed within 60 days after the Closing Date, the Company shall pay the Buyer $2,500 each day until such time as the foregoing is completed, provided that if the Company has used and is continuing to use its best efforst to complete such actions, the $2,500 daily payment shall not apply until 90 days after the Closing Date.
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Increase in Authorized Capital. If the Board of Directors shall determine that PTS should increase its authorized capital, the Board of Directors shall give notice to the Shareholders and set a General Meeting of Shareholders for approval of the authorized capital increase. If approved by the General Meeting of Shareholders, the increase in the authorized capital of PTS shall take effect when the Articles of Association are duly amended and, when necessary, any Government approvals have been obtained.
Increase in Authorized Capital. The authorized capital stock of CTC may be increased by the Board of Directors, at such time and under such terms and conditions as it may deem advisable, by a vote of two-thirds of the Board.
Increase in Authorized Capital. The authorized share capital of the Company may be increased when and as authorized by a General Meeting of Shareholders, subject to obtaining any necessary Indonesian Government authorizations.
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