Common use of Reservation and Availability of Shares of Preferred Stock Clause in Contracts

Reservation and Availability of Shares of Preferred Stock. (a) The Company covenants and agrees that it will cause to be reserved and kept available out of its authorized and unissued shares of Preferred Stock, or out of authorized and issued shares of Preferred Stock held in its treasury, such number of shares of Preferred Stock as will from time to time be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 3 contracts

Samples: Rights Agreement (Resortquest International Inc), Rights Agreement (Cutter & Buck Inc), Rights Agreement (Resortquest International Inc)

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Reservation and Availability of Shares of Preferred Stock. (a) The Company covenants and agrees that it will shall use its best efforts to at all times cause to be reserved and kept available out of its authorized and unissued shares of Preferred Stock, or out of authorized and issued shares of Preferred Stock held in its treasury, such the number of shares of Preferred Stock that, as provided in this Agreement, will from time to time be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 3 contracts

Samples: Rights Agreement (Biosource International Inc), Rights Agreement (Team Financial Inc /Ks), Rights Agreement (Century Casinos Inc)

Reservation and Availability of Shares of Preferred Stock. (a) The Company covenants and agrees that it will cause to be reserved and kept available available, out of its authorized and unissued shares of Preferred Stock, or out of authorized and issued shares of Preferred Stock held in its treasury, such the number of shares of Preferred Stock as that will from time to time be sufficient to permit the exercise in full pursuant to Section 7 of all outstanding Rights. Such number of shares of Preferred Stock reserved and kept available shall be adjusted from time to time, if and to the extent required, upon the occurrence of any of the events described in Section 11.

Appears in 2 contracts

Samples: Rights Agreement (Sherwin Williams Co), Rights Agreement (Sherwin Williams Co)

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Reservation and Availability of Shares of Preferred Stock. (a) The Company Corporation covenants and agrees that it will cause to be reserved and kept available out of its authorized and unissued shares of Preferred Stock, Stock or out of authorized and issued shares of Preferred Stock held in its treasury, such number of shares of Preferred Stock as will from time to time be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 2 contracts

Samples: Rights Agreement (Cosi Inc), Rights Agreement (Cosi Inc)

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