Common use of RESERVATION AND AUTHORIZATION OF COMMON STOCK Clause in Contracts

RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date hereof, the Company shall at all times reserve and keep available for issue upon the exercise of Warrants such number of its authorized but unissued shares of Common Stock as will be sufficient to permit the exercise in full of all outstanding Warrants. All shares of Common Stock which shall be so issuable, when issued upon exercise of any Warrant and payment therefor in accordance with the terms of this Warrant Agreement and such Warrant, shall be duly and validly issued and fully paid and nonassessable, and not subject to preemptive rights.

Appears in 15 contracts

Samples: Warrant Agreement (New Federal-Mogul Corp), Warrant Agreement (Federal-Mogul Corp), Warrant Agreement

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RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date hereofClosing Date, the Company shall at all times reserve and keep available for issue upon the exercise of Warrants such number of its authorized but unissued shares of Common Stock as will be sufficient to permit the exercise in full of all outstanding Warrants. All shares of Common Stock which shall be so issuable, when issued upon exercise of any Warrant and payment therefor in accordance with the terms of this Warrant Agreement and such Warrant, shall be duly and validly issued and fully paid and nonassessable, and not subject to preemptive rights.

Appears in 13 contracts

Samples: Common Stock Purchase Warrant (Quantum Fuel Systems Technologies Worldwide Inc), Common Stock Purchase Warrant (Quantum Fuel Systems Technologies Worldwide Inc), Isc8 Inc. /De

RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date hereofClosing Date, the Company shall at all times reserve and keep available for issue upon the exercise of Warrants such number of its authorized but unissued shares of Common Stock as will be sufficient to permit the exercise in full of all outstanding Warrants. All shares of Common Stock which shall be so issuable, when issued upon exercise of any Warrant and payment therefor in accordance with the terms of this Warrant Agreement and such Warrant, shall be duly and validly issued and fully paid and nonassessable, and not subject to preemptive rights.Warrants Taking of

Appears in 10 contracts

Samples: Quantum Fuel Systems Technologies Worldwide, Inc., Quantum Fuel Systems Technologies Worldwide, Inc., Quantum Fuel Systems Technologies Worldwide, Inc.

RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date hereofThe Company shall, the Company shall at all times until the Warrants have been exercised or have expired, reserve and keep available for issue upon the exercise of Warrants such number of its authorized but unissued shares of Common Stock as will be is sufficient to permit for the purpose of permitting the exercise in full of all outstanding Warrants. All shares of Common Stock which shall be so issuable, when issued upon exercise of any Warrant and payment therefor in accordance with the terms of this Warrant Agreement and such Warrant, shall be duly and validly issued and fully paid and nonassessable, and not subject to preemptive rights.

Appears in 6 contracts

Samples: W Warrant Agreement (Soros George), Warrant Agreement (Soros George), Warrant Agreement (Global Telesystems Group Inc)

RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date hereofClosing Date, the Company shall at all times reserve and keep available for issue upon the exercise of Warrants such number of its authorized but unissued shares of Common Stock as will be sufficient to permit the exercise in full of all outstanding Warrants. All shares of Common Stock which shall be so issuable, when issued upon exercise of any Warrant and payment therefor in accordance with the terms of this Warrant Agreement and such Warrant, shall be duly and validly issued and fully paid and nonassessable, and not subject to preemptive rights.

Appears in 6 contracts

Samples: Quantum Fuel Systems Technologies Worldwide Inc, Quantum Fuel Systems Technologies Worldwide Inc, Quantum Fuel Systems Technologies Worldwide Inc

RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date hereof, the Company shall at all times reserve and keep available for issue upon the exercise of Warrants such number of its authorized but unissued shares of Common Stock as will be sufficient to permit the exercise in full of all outstanding Warrants. All shares of Common Stock which shall be so issuable, when issued upon exercise of any Warrant and payment therefor in accordance with the terms of this Warrant Agreement and such Warrant, shall be duly and validly issued and fully paid and nonassessable, and not subject to preemptive rights.

Appears in 3 contracts

Samples: Warrant Exchange Agreement (Crown Emak Partners LLC), Warrant Exchange Agreement (Equity Marketing Inc), Equity Marketing Inc

RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date hereof, the (a) The Company shall at all times reserve and keep available for issue issuance upon the exercise of Warrants such this Warrant the maximum number of its authorized but unissued shares of Common Stock as will could then potentially be sufficient required to permit the exercise in full of this and all outstanding Warrants. All shares of Common Stock which shall be so issuable, when issued issuable upon exercise of any Warrant and payment therefor in accordance with the terms of this such Warrant Agreement and such Warrant, shall be duly and validly issued and fully paid and nonassessablenonassesable, and not subject to or privileged with any preemptive rights.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Hadron Inc), Securities Purchase Agreement (Hadron Inc)

RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date hereofIssuance Date, the Company shall at all times reserve and keep available for issue upon the exercise of Warrants such number of its authorized but unissued shares of Common Stock as will be sufficient to permit the exercise in full of all outstanding Warrants. All shares of Common Stock which shall be so issuable, when issued upon exercise of any Warrant and payment therefor in accordance with the terms of this Warrant Agreement and such Warrant, shall be duly and validly issued and fully paid and nonassessable, and not subject to preemptive rights.

Appears in 1 contract

Samples: Quantum Fuel Systems Technologies Worldwide, Inc.

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RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date hereof, the (a) Reservation of ------------------------------------------------ --------------- Shares. The Company shall at all times reserve and keep available for issue issuance ------ upon the exercise of Warrants this Warrant such number of its authorized but unissued shares of Common Stock as will be sufficient to permit the exercise in full of all outstanding Warrantsthis Warrant. All shares of Common Stock which shall be so issuable, when issued issuable upon exercise of any this Warrant and payment therefor in accordance with the terms of this Warrant Agreement and such Warrant, shall be duly and validly issued and fully paid and nonassessable, and not subject to preemptive rights.

Appears in 1 contract

Samples: Lexmark International Group Inc

RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date hereof, the The Company shall at all times reserve and keep available for issue upon the exercise of Warrants such number of its authorized but unissued shares of Common Stock as will be sufficient to permit the exercise in full of all outstanding Warrants. All shares of Common Stock which shall be so issuable, when issued upon exercise of any Warrant and payment therefor in accordance with or upon such exercise, as the terms of this Warrant Agreement and such Warrantcase may be, shall be duly and validly issued and fully issued, fully-paid and nonassessable, and not subject to preemptive rights.

Appears in 1 contract

Samples: Securities Purchase Agreement (Right Start Inc /Ca)

RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date hereofGrant Date, the Company shall at all times reserve and keep available for issue upon the exercise of Warrants such number of its authorized but unissued shares of Common Stock as will be sufficient to permit the exercise in full of all outstanding Warrants. All shares of Common Stock which shall be so issuable, when issued upon exercise of any Warrant and payment therefor in accordance with the terms of this Warrant Agreement and such Warrant, shall be duly and validly issued and fully paid and nonassessable, and not subject to preemptive rights.

Appears in 1 contract

Samples: Arcadia Resources, Inc

RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date hereofThe Company shall, the Company shall at all times until the Warrants have been exercised or have expired, reserve and keep available for issue upon the exercise of Warrants such number of its authorized but unissued shares of Common Stock as will be is sufficient to permit for the purpose of permitting the exercise in full of all outstanding Warrants. All shares of Common Stock which shall be so issuable, when issued upon exercise of any Warrant and payment therefor in accordance with the terms of this Warrant Agreement and such Warrant, shall be duly and validly issued and fully paid and nonassessable, and not subject to preemptive rights7.

Appears in 1 contract

Samples: Warrant Agreement (Global Telesystems Group Inc)

RESERVATION AND AUTHORIZATION OF COMMON STOCK. From and after the date hereofGrant Date, the Company shall at all times reserve and keep available for issue upon the exercise of Warrants such number of its authorized but unissued shares of Common Stock as will be sufficient to permit the exercise in full of all outstanding Warrants. All shares of Common Stock which shall be so issuable, when issued upon exercise of any Warrant and payment therefor in accordance with the terms of warrants (including this Warrant Agreement and such Warrant, shall be duly and validly issued and fully paid and nonassessable, and not subject to preemptive rights).

Appears in 1 contract

Samples: Common Stock Purchase (Arcadia Resources, Inc)

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