Common use of Reservation and Listing of Securities Clause in Contracts

Reservation and Listing of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Common Stock, solely for the purpose of issuance upon the exercise of the Warrants and the Underlying Warrants, such number of shares of Common Stock as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Warrants and payment of the Exercise Price therefor, all Shares issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. The Company further covenants and agrees that upon exercise of the Underlying Warrants and payment of the respective Underlying Warrant exercise price therefor, all Underlying Warrant Shares issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. As long as the Warrants shall be outstanding, the Company shall use its best efforts to cause all shares of Common Stock issuable upon the exercise of the Warrants and the Underlying Warrants and all Underlying Warrants to be listed on or quoted by NASDAQ or listed on such national securities exchange, in the event the Common Stock is listed on a national securities exchange.

Appears in 8 contracts

Samples: Warrant Agreement (Recovery Network Inc), Warrant Agreement (Uniservice Corp/Fl), Warrant Agreement (Frontline Communication Corp)

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Reservation and Listing of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Common Stock, solely for the purpose of issuance upon the exercise of the Warrants Warrant No. 1 and the Underlying Warrantsexercise of the Redeemable Warrants subject to Warrant No. 2, such number of shares of Common Stock as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Warrants Warrant No. 1 and payment of the Exercise Price exercise price therefor, all Shares shares of Common Stock issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. The Company further covenants , and agrees that that, upon exercise of the Underlying Warrants Warrant No. 2 and payment of the respective Underlying Warrant exercise price therefor, all Underlying Warrant Shares issuable upon such exercise shall the Redeemable Warrants will be duly valid and validly issuedbinding obligations of the Company, fully paid, non-assessable and not subject to enforceable against the preemptive rights of any shareholderCompany in accordance with their terms. As long as the Warrants shall be outstanding, the Company shall use its best efforts to cause all shares of Common Stock and all Redeemable Warrants issuable upon the exercise of the Warrants and Warrants, as well as the Underlying Warrants and all Underlying Warrants Shares, to be listed on or quoted by NASDAQ or listed on such national securities exchange, in exchanges as the event the Company's Common Stock is listed on a national securities exchangethen listed.

Appears in 3 contracts

Samples: Underwriter's Warrant Agreement (Epi Technologies Inc/De), Warrant Agreement (Connecticut Valley Sports Inc), 'S Warrant Agreement (Aviation Group Inc)

Reservation and Listing of Securities. The Company shall shall, at all times times, reserve and keep available out of its authorized shares Class A Stock of Common Stockcommon stock, solely for the purpose of issuance upon the exercise of the Representative's Warrants and the Underlying Warrantswarrants, such number of shares of Common Class A Stock as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Representative's Warrants and payment of the Exercise Price therefor, all Shares Class A Stock issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. The Company further covenants and agrees that upon exercise of the Underlying Warrants warrants and payment of the respective Underlying Warrant warrant exercise price therefor, all Underlying Warrant Shares Class A Stock for warrants issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. As long as the Representative's Warrants shall be outstanding, the Company shall use its best efforts to cause all shares of Common Class A Stock issuable upon the exercise of the Representative's Warrants and the Underlying Warrants warrants and all Underlying Warrants warrants to be listed on or quoted by NASDAQ or listed on such national securities exchange, in the event the Common Stock common stock is listed on a national securities exchange.

Appears in 1 contract

Samples: 'S Warrant Agreement (Bio Aqua Systems Inc)

Reservation and Listing of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Common Stock, solely for the purpose of issuance upon the exercise of the Warrants and the Underlying Unit Warrants, such number of shares of Common Stock as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Warrants and payment of the Exercise Price therefor, all Shares issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholderstockholder. The Company further covenants and agrees that upon exercise of the Underlying Unit Warrants underlying the Warrants and payment of the respective Underlying Unit Warrant exercise price therefor, all Underlying Unit Warrant Shares issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholderstockholder. As long as the Warrants shall be outstanding, the Company shall use its best efforts to cause all shares of Common Stock issuable upon the exercise of the Warrants and Unit Warrants underlying the Underlying Warrants and all Underlying Warrants to be listed on or quoted by NASDAQ Nasdaq or listed on such national securities exchange, in the event the Common Stock is listed on a national securities exchange.

Appears in 1 contract

Samples: Warrant Agreement (Delcath Systems Inc)

Reservation and Listing of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Common Stockcommon stock, solely for the purpose of issuance upon the exercise of the Representative's Warrants and the Underlying Warrantswarrants, such number of shares of Common Stock Shares as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Representative's Warrants and payment of the Exercise Price therefor, all Shares issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. The Company further covenants and agrees that upon exercise of the Underlying Warrants warrants and payment of the respective Underlying Warrant warrant exercise price therefor, all Underlying Warrant Shares for warrants issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. As long as the Representative's Warrants shall be outstanding, the Company shall use its best efforts to cause all shares of Common Stock Shares issuable upon the exercise of the Representative's Warrants and the Underlying Warrants warrants and all Underlying Warrants warrants to be listed on or quoted by NASDAQ or listed on such national securities exchange, in the event the Common Stock common stock is listed on a national securities exchange.

Appears in 1 contract

Samples: Warrant Agreement (Bio Aqua Systems Inc)

Reservation and Listing of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Common Stock, solely for the purpose of issuance upon the exercise of the Warrants and the Underlying Warrants, such number of shares of Common Stock as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Warrants and payment of the Exercise Price therefor, all Shares issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. The Company further covenants and agrees that upon exercise of the Underlying Warrants and payment of the respective Underlying Warrant exercise price therefor, all Underlying Warrant Shares issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. As long as the Warrants shall be outstanding, the Company shall use its best efforts to cause all shares of Common Stock issuable upon the exercise of the Warrants and the Underlying Warrants and all Underlying Warrants to be listed on or quoted by NASDAQ or listed on such all national securities exchangeexchanges or, in if applicable, on the event NASDAQ National Market, NASDAQ SmallCap Market, OTC Bulletin Board or any successor trading market on which the Common Stock is or Public Warrants may be listed on a national securities exchangeand/or quoted.

Appears in 1 contract

Samples: Underwriter's Warrant Agreement (Viper Motorcycle Co)

Reservation and Listing of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Common Preferred Stock, solely for the purpose of issuance upon the exercise of the Warrants Warrant No. 1 and the Underlying Warrantsexercise of the Redeemable Warrants subject to Warrant No. 2, such number of shares of Common Preferred Stock as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Warrants Warrant No. 1 and payment of the Exercise Price exercise price therefor, all Shares shares of Preferred Stock issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. The Company further covenants , and agrees that that, upon exercise of the Underlying Warrants Warrant No. 2 and payment of the respective Underlying Warrant exercise price therefor, all Underlying Warrant Shares issuable upon such exercise shall the Redeemable Warrants will be duly valid and validly issuedbinding obligations of the Company, fully paid, non-assessable and not subject to enforceable against the preemptive rights of any shareholderCompany in accordance with their terms. As long as the Warrants shall be outstanding, the Company shall use its best efforts to cause all shares of Common Preferred Stock and all Redeemable Warrants issuable upon the exercise of the Warrants Warrants, as well as the Underlying Shares and the Underlying Warrants and all Underlying Warrants Conversion Shares, to be listed on or quoted by NASDAQ or listed on such national securities exchange, in exchanges as reasonably requested by the event the Common Stock is listed on a national securities exchangeUnderwriter. 12.

Appears in 1 contract

Samples: 'S Warrant Agreement (Ifs International Inc)

Reservation and Listing of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Common Preferred Stock, solely for the purpose of issuance upon the exercise of the Warrants Warrant No. 1 and the Underlying Warrantsexercise of the Redeemable Warrants subject to Warrant No. 2, such number of shares of Common Preferred Stock as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Warrants Warrant No. 1 and payment of the Exercise Price exercise price therefor, all Shares shares of Preferred Stock issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. The Company further covenants , and agrees that that, upon exercise of the Underlying Warrants Warrant No. 2 and payment of the respective Underlying Warrant exercise price therefor, all Underlying Warrant Shares issuable upon such exercise shall the Redeemable Warrants will be duly valid and validly issuedbinding obligations of the Company, fully paid, non-assessable and not subject to enforceable against the preemptive rights of any shareholderCompany in accordance with their terms. As long as the Warrants shall be outstanding, the Company shall use its best efforts to cause all shares of Common Preferred Stock and all Redeemable Warrants issuable upon the exercise of the Warrants Warrants, as well as the Underlying Shares and the Underlying Warrants and all Underlying Warrants Conversion Shares, to be listed on or quoted by NASDAQ or listed on such national securities exchange, in exchanges as reasonably requested by the event the Common Stock is listed on a national securities exchangeUnderwriter.

Appears in 1 contract

Samples: Underwriter's Warrant Agreement (Ifs International Inc)

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Reservation and Listing of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Common StockOrdinary Shares, solely for the purpose of issuance upon the exercise of the Warrants and the Underlying Warrants, such number of shares of Common Stock Ordinary Shares as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Warrants and payment of the Exercise Price therefor, all Shares issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. The Company further covenants and agrees that that, upon exercise of the Underlying Warrants and payment of the respective Underlying Warrant exercise price therefor, all Underlying Warrant Shares issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. As long as the Warrants shall be outstanding, the Company shall use its best efforts to cause all shares of Common Stock Ordinary Shares issuable upon the exercise of the Warrants and the Underlying Warrants and all Underlying Warrants to be listed on or quoted by the NASDAQ Small Cap Market, or listed on such national securities exchange, in exchanges as requested by the event the Common Stock is listed on a national securities exchangeUnderwriter.

Appears in 1 contract

Samples: Warrant Agreement (Accent Software International LTD)

Reservation and Listing of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Common Stock, solely for the purpose of issuance upon the exercise of the Warrants and the Underlying Warrants, such number of shares of Common Stock as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Warrants and payment of the Exercise Price therefor, all Shares issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. The Company further covenants and agrees that upon exercise of the Underlying Warrants and payment of the respective Underlying Warrant exercise price therefor, all Underlying Warrant Shares issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. As long as the Warrants shall be outstanding, the Company shall use its best efforts to cause all of the shares of Common Stock issuable upon the exercise of the Warrants and the Underlying Warrants and all of the Underlying Warrants to be listed on or quoted by NASDAQ or listed on such national securities exchange, in the event the Common Stock is listed on a national securities exchange.

Appears in 1 contract

Samples: Warrant Agreement (On Stage Entertainment Inc)

Reservation and Listing of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Common StockOrdinary Shares, solely for the purpose of issuance upon the exercise of the Warrants and the Underlying Warrants, such number of shares of Common Stock Ordinary Shares as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Warrants and payment of the Exercise Price therefor, all Ordinary Shares which are issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. The Company further covenants and agrees that that, upon exercise of the Underlying Warrants and payment of the respective Underlying Warrant exercise price therefor, all Underlying Warrant Shares issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. As long as the Warrants shall be outstanding, the Company shall use its best efforts to cause all shares of Common Stock Units and Ordinary Shares issuable upon the exercise of the Warrants and the Underlying Warrants and all Underlying Warrants to be listed on or quoted by the NASDAQ SmallCap Market, or listed on such national securities exchange, in exchanges as requested by the event the Common Stock is listed on a national securities exchangeUnderwriter.

Appears in 1 contract

Samples: Warrant Agreement (Accent Software International LTD)

Reservation and Listing of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Class A Common Stock, solely for the purpose of issuance upon the exercise of the Warrants and the Underlying Warrants, such number of shares of Class A Common Stock as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Warrants and payment of the Exercise Price therefor, all Shares issuable upon such exercise exercise, as the case may be, shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. The Company further covenants and agrees that upon exercise of the Underlying Warrants and payment of the respective Underlying Warrant exercise price therefor, all Underlying Warrant Shares issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. As long as the Warrants shall be outstanding, the Company shall use its best efforts to cause all shares of Class A Common Stock issuable upon the exercise of the Warrants and the Underlying Warrants and all Underlying Warrants to be listed on or quoted by NASDAQ or listed on such national securities exchange, in exchanges as requested by the event the Common Stock is listed on a national securities exchangeUnderwriter.

Appears in 1 contract

Samples: Warrant Agreement (Sherwood Brands Inc)

Reservation and Listing of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Common Stock, solely for the purpose of issuance upon the exercise of the Warrants and the Underlying Warrants, such number of shares of Common Stock as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Warrants and payment of the Exercise Price therefor, all Shares issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. The Company further covenants and agrees that upon exercise exer- cise of the Underlying Warrants and payment of the respective Underlying Warrant exercise price therefor, all Underlying Warrant Shares issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any shareholder. As long as the Warrants shall be outstanding, the Company shall use its best efforts to cause all shares of Common Stock issuable upon the exercise of the Warrants and the Underlying Warrants and all Underlying Warrants to be listed on or quoted by NASDAQ or listed on such national securities exchange, in the event the Common Stock is listed on a national securities exchange.

Appears in 1 contract

Samples: Warrant Agreement (On Stage Entertainment Inc)

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