Common use of Reservation of Exercise Shares Clause in Contracts

Reservation of Exercise Shares. The Company covenants that during the term that this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of the Exercise Shares upon the exercise of this Warrant, and from time to time will take all steps necessary to amend its articles of incorporation to provide sufficient reserves of shares of Common Stock issuable upon the exercise of the Warrant.

Appears in 7 contracts

Samples: Securities Purchase Agreement (National Health Partners Inc), Securities Purchase Agreement (National Health Partners Inc), Securities Purchase Agreement (National Health Partners Inc)

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Reservation of Exercise Shares. The Company covenants that during the term that this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of the Exercise Shares upon the exercise of this Warrant, and from time to time will take all steps necessary to amend its articles certificate of incorporation to provide sufficient reserves of shares of Common Stock issuable upon the exercise of the Warrant.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Stellar Technologies, Inc.), Securities Purchase Agreement (Stellar Technologies, Inc.), Securities Purchase Agreement (Stellar Technologies, Inc.)

Reservation of Exercise Shares. The Company covenants that during the term that this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of the Exercise Shares upon the exercise of this Warrant, and from time to time will take all steps necessary to amend its articles Certificate of incorporation Incorporation to provide sufficient reserves of shares of Common Stock issuable upon the exercise of the Warrant.

Appears in 2 contracts

Samples: Securities Purchase Agreement (National Health Partners Inc), Securities Purchase Agreement (National Health Partners Inc)

Reservation of Exercise Shares. The Company covenants that during the term that this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of the Exercise Shares upon the exercise of this Warrant, and from time to time will take all steps necessary to amend its articles of incorporation to provide sufficient reserves of shares of Common Stock issuable upon the exercise of the Warrant.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Virtual Piggy, Inc.), Note and Warrant Purchase Agreement (Virtual Piggy, Inc.)

Reservation of Exercise Shares. The Company covenants that during the term that this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of the Exercise Shares upon the exercise of this Warrant, and from time to time will take all steps necessary to amend its articles of incorporation to provide sufficient reserves of shares of Common Stock issuable upon the exercise of the Warrant.. (e)

Appears in 1 contract

Samples: Consulting Services Agreement

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Reservation of Exercise Shares. The Company covenants that during the term that this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of the Exercise Shares upon the exercise of this Warrant, and from time to time will take all steps necessary to amend its articles Articles of incorporation Incorporation to provide sufficient reserves of shares of Common Stock issuable upon the exercise of the Warrant.

Appears in 1 contract

Samples: Touchstone Resources Usa, Inc.

Reservation of Exercise Shares. The Company covenants that on and after the Commencement Date and during the term that this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of the Exercise Shares upon the exercise of this Warrant, and from time to time will take all steps necessary to amend its articles of incorporation to provide sufficient reserves of shares of Common Stock issuable upon the exercise of the this Warrant.

Appears in 1 contract

Samples: Securities Purchase Agreement (Maverick Oil & Gas, Inc.)

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