Common use of Reservation of Conversion Shares Clause in Contracts

Reservation of Conversion Shares. The Conversion Shares issuable upon conversion of the Series C Shares shall have been duly authorized and reserved for issuance upon such exercise or conversion.

Appears in 3 contracts

Samples: Preferred Stock Purchase Agreement (Williams Communications Group Inc), Preferred Stock Purchase Agreement (Williams Communications Group Inc), Preferred Stock Purchase Agreement (Williams Communications Group Inc)

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Reservation of Conversion Shares. The Conversion Shares issuable upon conversion of the Series C Shares and the Series B Shares and upon exercise of the Warrant shall have been duly authorized and reserved for issuance upon such exercise conversion or conversionexercise, as applicable.

Appears in 2 contracts

Samples: Series C Preferred Stock Purchase Agreement (Qualmark Corp), Preferred Stock Purchase Agreement (Qualmark Corp)

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Reservation of Conversion Shares. The Conversion Shares issuable upon conversion of the Series C Shares shall have been be duly authorized and reserved for issuance upon such exercise or conversionthe conversion of the Series C Stock.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Petroleum Place Inc)

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