Common use of Reservation of Securities Clause in Contracts

Reservation of Securities. The Company hereby agrees that at all times there shall be reserved for issuance and/or delivery upon exercise of this Warrant such number of shares of Securities as shall be required for issuance or delivery upon exercise of this Warrant. The Company covenants and agrees that, upon exercise of the Warrants and payment of the Exercise Price therefor, all Securities 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 stockholder. As long as the Warrants shall be outstanding, the Company shall use its best efforts to cause all Securities issuable upon the exercise of the Warrants to be listed (subject to official notice of issuance) on all securities exchanges on which the Common Stock issued to the public in connection herewith may then be listed and/or quoted on NASDAQ.

Appears in 15 contracts

Samples: Dealers Agreement (Temporary Financial Services Inc), Investors Capital Holdings LTD, Bizness Online Com

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Reservation of Securities. The Company hereby agrees that at all times there shall be reserved for issuance and/or delivery upon exercise of this Warrant such number of shares of Securities as shall be required for issuance or delivery upon exercise of this Warrant. The Company covenants and agrees that, upon exercise of the Warrants this Warrant and payment of the Exercise Price therefor, if and as applicable, all Securities 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 stockholder. As long as the Warrants this Warrant shall be outstanding, the Company shall use its best efforts to cause all Securities issuable upon the exercise of the Warrants this Warrant to be listed (subject to official notice of issuance) on all securities exchanges or quotation systems on which the its Common Stock issued to the public in connection herewith may then be listed and/or quoted on NASDAQquoted.

Appears in 1 contract

Samples: Casual Male Retail Group Inc

Reservation of Securities. The Company hereby agrees that at all times there shall be reserved for issuance and/or delivery upon exercise of this Warrant such number of shares of Securities as shall be required for issuance or delivery upon exercise of this Warrant. The Company covenants and agrees that, upon exercise of the Warrants this Warrant and payment of the Exercise Price therefor, if and as applicable, all Securities 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 stockholder. As long as the Warrants this Warrant shall be outstanding, the Company shall use its best efforts to cause all Securities issuable upon the exercise of the Warrants this Warrant to be listed (subject to official notice of issuance) on all securities exchanges or quotation systems on which the its Class A Common Stock issued to the public in connection herewith may then be listed and/or quoted on NASDAQquoted.

Appears in 1 contract

Samples: Scientific Games Corp

Reservation of Securities. The Company hereby agrees that at all times there shall be reserved for issuance and/or delivery upon exercise of this Warrant such number of shares of Securities its Common Stock as shall be required for issuance or delivery upon exercise of this Warrant. The Company covenants and agrees that, upon exercise of the Warrants and payment of the Exercise Price therefor, all Securities shares of Common Stock and other securities issuable upon such exercise shall be duly and validly issued, fully paid, non-assessable and .-and not subject to the preemptive rights of any stockholder. As long as the Warrants shall be outstanding, the Company shall use its best efforts to cause all Securities shares of Common Stock issuable upon the exercise of the Warrants to be listed (subject to official notice of issuance) on all securities exchanges on which the Common Stock issued to the public in connection herewith may then be listed and/or quoted on NASDAQ.

Appears in 1 contract

Samples: Automotive One Parts Stores Inc

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Reservation of Securities. The Company hereby agrees that at all times there shall be reserved for issuance and/or delivery upon exercise of this Warrant such number of shares of Securities as shall be required for issuance or delivery upon exercise of this Warrant. The Company covenants and agrees that, upon exercise of the Warrants and payment of the Exercise Price therefor, all Securities 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 stockholder. As long as the Warrants shall be outstanding, the Company shall use its best efforts to cause all Securities issuable upon the exercise of the Warrants to be listed (subject to official notice of issuance) on all securities exchanges on which the Common Stock issued to the public in connection herewith may then be listed and/or quoted on NASDAQ. The Company also agrees that in the event the common stock purchase warrants are called by the Company, that any remaining unpurchased common stock purchase warrants hereunder shall be convertible into common stock and available for purchase on the same terms as the original exercise price to the underwriters.

Appears in 1 contract

Samples: Amiga Telephony Corp

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