Common use of Required Minimum Clause in Contracts

Required Minimum. (a) The Company shall maintain a reserve of the Required Minimum from its duly authorized shares of Common Stock for issuance pursuant to this Agreement in such amount as may then be required to fulfill its obligations in full under this Agreement, without regard to any conversion or exercise limits therein.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Entasis Therapeutics Holdings Inc.), Securities Purchase Agreement (Entasis Therapeutics Holdings Inc.), Securities Purchase Agreement (Armata Pharmaceuticals, Inc.)

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Required Minimum. (a) The Company shall maintain a reserve of the Required Minimum from its duly authorized shares of Common Stock for issuance pursuant to this Agreement and in connection with the exercise of the 2020 Warrants and 2021 Warrants, in such amount as may then be required to fulfill its obligations in full under this Agreement, the 2020 Purchase Agreement, and the 2021 Purchase Agreements, without regard to any conversion or exercise limits herein or therein.

Appears in 1 contract

Samples: Securities Purchase Agreement (Armata Pharmaceuticals, Inc.)

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Required Minimum. (a) The Company shall maintain a reserve of the Required Minimum from its duly authorized shares of Common Stock for issuance pursuant to this Agreement and in connection with the exercise of the 2020 Warrants, in such amount as may then be required to fulfill its obligations in full under this Agreement and the 2020 Purchase Agreement, without regard to any conversion or exercise limits herein or therein.

Appears in 1 contract

Samples: Securities Purchase Agreement (Armata Pharmaceuticals, Inc.)

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