Common use of Reservation of Securities Clause in Contracts

Reservation of Securities. The Company shall at all times reserve and keep available out of its authorized Common Shares, solely for the purpose of issuance upon the exercise of the Warrants, such number of Common Shares or Other Securities 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 Common Shares or Other Securities issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any holder of Common Shares.

Appears in 31 contracts

Samples: Warrant Agreement (Resolve Staffing Inc), Warrant Agreement (Resolve Staffing Inc), Warrant Agreement (Resolve Staffing Inc)

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Reservation of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Common SharesStock, solely for the purpose of issuance upon the exercise of the WarrantsOption, such number of shares of Common Shares or Other Securities Stock as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Warrants Options and payment of the Exercise Price therefor, all Common Shares or Other Securities issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any holder of Common Sharesshareholder.

Appears in 6 contracts

Samples: Stock Option Agreement (Teardrop Golf Co), Stock Option Agreement (Diplomat Ambassador Inc), Stock Option Agreement (Diplomat Ambassador Inc)

Reservation of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Common SharesStock, solely for the purpose of issuance upon the exercise of the Warrants, such number of shares of Common Shares Stock or Other Securities other securities, properties or rights 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 of Common Shares or Other Securities Stock and other securities issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any holder of Common Sharesstockholder.

Appears in 6 contracts

Samples: Lease Agreement (Ultrak Inc), Warrant Agreement (Med-Design Corp), Warrant Agreement (Careerengine Network Inc)

Reservation of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Common SharesStock, solely for the purpose of issuance upon the exercise of the WarrantsOptions, such number of shares of Common Shares or Other Securities Stock as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Warrants Options and payment of the Exercise Price therefor, all Common Shares or Other Securities issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any holder of Common Sharesshareholder.

Appears in 5 contracts

Samples: Option Agreement (Aquagenix Inc/De), Option Agreement (Aquagenix Inc/De), Option Agreement (Aquagenix Inc/De)

Reservation of Securities. The Company shall at all times reserve and keep available out of its authorized but unissued shares of Common SharesStock, solely for the purpose of issuance upon the exercise of the Warrantsthis Warrant, such number of shares of Common Shares or Other Securities Stock as shall be issuable upon the exercise thereofhereof. The Company covenants and agrees that, upon exercise of the Warrants this Warrant and payment of the Exercise Price therefortherefore, all Common Shares or Other Securities issuable upon such exercise shall be duly and validly issued, fully paid, paid and non-assessable and not subject to the preemptive rights of any holder of Common Sharesassessable.

Appears in 4 contracts

Samples: Sinofresh Healthcare Inc, Regado Biosciences Inc, Sinofresh Healthcare Inc

Reservation of Securities. The Company shall at all times reserve and keep available out of its authorized Common Shares, solely for the purpose of issuance upon the exercise of the Warrants, such number of Common Shares or Other Securities 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 therefortherefore, all Common Shares or Other Securities issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any holder of Common Shares.

Appears in 3 contracts

Samples: Warrant Agreement (Clean Wind Energy Tower, Inc.), Warrant Agreement (Lasik America Inc), Warrant Agreement (Lasik America Inc)

Reservation of Securities. The Company shall at all times reserve and keep available out of its authorized Common Shares, solely for the purpose of issuance upon the exercise of the Warrants, such number of Common Shares or Other Securities 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 Common Shares or Other Securities issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any holder of Common Sharesshareholder.

Appears in 3 contracts

Samples: Warrant Agreement (Digital Lava Inc), Warrant Agreement (Siga Pharmaceuticals Inc), Warrant Agreement (Digital Lava Inc)

Reservation of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Common SharesStock, solely for the purpose of issuance upon the exercise of the Warrantsthis Warrant, such number of shares Common Shares or Other Securities Stock as shall be issuable upon the exercise thereofhereof. The Company covenants and agrees that, upon exercise of the Warrants this Warrant for and payment of the Exercise Price exercise price therefor, all shares of Common Shares or Other Securities Stock issuable upon such exercise shall be duly and authorized, validly issued, fully paid, non-assessable nonassessable and not subject to the preemptive rights of any holder of Common Sharesstockholder.

Appears in 2 contracts

Samples: Coactive Marketing Group Inc, Netword Inc

Reservation of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Common SharesStock, solely for the purpose of issuance upon the exercise of the Warrants, such number of shares of Common Shares or Other Securities 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 of Common Shares or Other Securities Stock issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any holder of Common Sharesshareholder.

Appears in 2 contracts

Samples: Warrant Agreement (Hyperdynamics Corp), Warrant Agreement (Hyperdynamics Corp)

Reservation of Securities. The Company shall at all times reserve and keep available out of its authorized Common SharesStock, solely for the purpose of issuance upon the exercise of the Warrantsthis Warrant, such number of Common Shares or Other Securities as shall be issuable upon the exercise thereofhereof. The Company covenants and agrees that, upon the exercise of the Warrants this Warrant and payment of the Exercise Purchase Price therefor, all Common Shares or Other Securities issuable upon such exercise shall be duly and validly issued, fully paid, paid and non-assessable and not subject to the preemptive rights of any holder of Common Sharesassessable.

Appears in 2 contracts

Samples: Odyssey Pictures Corp, Odyssey Pictures Corp

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Reservation of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Common SharesStock, solely for the purpose of issuance upon the exercise of the Warrantsthis Warrant, such number of shares of Common Shares or Other Securities Stock as shall be issuable upon the exercise thereofhereof. The Company covenants and agrees that, upon exercise of the Warrants this Warrant for and payment of the Exercise Price exercise price therefor, all shares of Common Shares or Other Securities Stock issuable upon such exercise shall be duly and authorized, validly issued, fully paid, non-assessable nonassessable and not subject to the preemptive rights of any holder of Common Sharesstockholder.

Appears in 1 contract

Samples: Netword Inc

Reservation of Securities. The Company shall at all times reserve and ------------------------- keep available out of its authorized Common Shares, solely for the purpose of issuance upon the exercise of the Warrants, such number of Common Shares or Other Securities 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 Common Shares or Other Securities issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any holder of Common Shares.

Appears in 1 contract

Samples: Warrant Agreement (Siga Pharmaceuticals Inc)

Reservation of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Common SharesStock, solely for the purpose of issuance upon the exercise of the Warrantsthis Warrant, such number of shares Common Shares or Other Securities Stock as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Warrants this Warrant for and payment of the Exercise Price exercise price therefor, all shares of Common Shares or Other Securities Stock issuable upon such exercise shall be duly and authorized, validly issued, fully paid, non-assessable and not subject to the preemptive rights of any holder of Common Sharesshareholder.

Appears in 1 contract

Samples: Netword Inc

Reservation of Securities. The Company shall at all times reserve and keep available out of its authorized but unissued shares of Class A Common SharesStock, solely for the purpose of issuance upon the exercise of the Warrantsthis Warrant, such number of shares of Class A Common Shares or Other Securities Stock as shall be issuable upon the exercise thereofhereof. The Company covenants and agrees that, upon exercise of the Warrants this Warrant and payment of the Exercise Price therefor, all Common Shares or Other Securities issuable upon such exercise shall be duly and validly issued, fully paid, paid and non-assessable and not subject to the preemptive rights of any holder of Common Sharesassessable.

Appears in 1 contract

Samples: Interactive Magic Inc /Md/

Reservation of Securities. The Company shall at all times reserve and keep available out of its authorized shares of Common SharesStock, solely for the purpose of issuance upon the exercise of the Warrantsthis Warrant, such number of shares of Common Shares or Other Securities Stock as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Warrants this Warrant for and payment of the Exercise Price exercise price therefor, all Common Warrant Shares or Other Securities issuable upon such exercise shall be duly and authorized, validly issued, fully paid, non-assessable nonassessable and not subject to the preemptive rights of any holder of Common Sharesshareholder.

Appears in 1 contract

Samples: Netword Inc

Reservation of Securities. The Company shall at all times reserve and ------------------------- keep available out of its authorized shares of Common SharesStock, solely for the purpose of issuance upon the exercise of the Warrants, Warrants such number of shares of Common Shares or Other Securities 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 of Common Shares or Other Securities Stock and other securities issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and not subject to the preemptive rights of any holder of Common Sharesstockholder.

Appears in 1 contract

Samples: Warrant Agreement (Unidigital Inc)

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