Common use of Reservation; Due Authorization, Etc Clause in Contracts

Reservation; Due Authorization, Etc. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock, solely for issuance and delivery upon exercise of Warrants, the full number of shares of Common Stock from time to time issuable upon exercise of all Warrants and any other outstanding warrants, options, or similar rights, from time to time outstanding. All shares of Common Stock shall be duly authorized and, when issued upon such exercise, shall be duly and validly issued, and (in the case of shares) fully paid and nonassessable, and free from all taxes, liens, charges, security interests, encumbrances, and other restrictions created by or through the Company.

Appears in 3 contracts

Samples: Warrant Agreement (Global Signal Inc), Warrant Agreement (Global Signal Inc), Securities Purchase Agreement (Pinnacle Holdings Inc)

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Reservation; Due Authorization, Etc. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common StockStock (or out of authorized Other Securities), solely for issuance and delivery upon exercise of Warrants, the full number of shares of Common Stock (and Other Securities) from time to time issuable upon the exercise of all Warrants and any other outstanding warrants, options, or similar rights, from time to time outstanding. All shares of Common Stock (and Other Securities) shall be duly authorized and, when issued upon such exercise, shall be duly and validly issued, and (in the case of shares) fully paid and nonassessablenon assessable, and free from all taxes, liens, charges, security interests, encumbrances, encumbrances and other restrictions created by or through the Company.

Appears in 1 contract

Samples: Warrant Agreement (Homeland Holding Corp)

Reservation; Due Authorization, Etc. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common StockStock (or out of authorized Other Securities), solely for issuance and delivery upon exercise of Warrants, the full number of shares of Common Stock (and Other Securities) from time to time issuable upon the exercise of all Warrants and any other outstanding warrants, options, or similar rights, from time to time outstandingWarrants. All shares of Common Stock (and Other Securities) shall be duly authorized and, when issued upon such exercise, shall be duly and validly issued, and (in the case of shares) fully paid and nonassessable, and free from all taxes, liens, charges, security interests, encumbrances, encumbrances and other restrictions created by or through the Company.

Appears in 1 contract

Samples: Warrant Agreement (American Homepatient Inc)

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Reservation; Due Authorization, Etc. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock, solely for issuance and delivery upon exercise of Class A Warrants, the full number of shares of Common Stock from time to time issuable upon exercise of all Class A Warrants and any other outstanding warrants, options, options or similar rights, from time to time outstanding. All shares of Common Stock shall be duly authorized and, when issued upon such exercise, shall be duly and validly issued, and (in the case of shares) fully paid and nonassessable, and free from all taxes, liens, charges, security interests, encumbrances, encumbrances and other restrictions created by or through the Company.

Appears in 1 contract

Samples: Warrant Agreement (Trump Entertainment Resorts Holdings Lp)

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