Common use of RESERVATION OF SHARES, ETC Clause in Contracts

RESERVATION OF SHARES, ETC. The Company shall at all times keep reserved, out of the authorized and unissued Common Stock of the Company, a number of shares of Common Stock sufficient to provide for the exercise of the rights of purchase represented by the outstanding Warrants. American Stock Transfer & Trust Co., transfer agent for the Common Stock (the "Transfer Agent"), and every subsequent transfer agent, if any, for the Company's securities issuable upon the exercise of the Warrants will be irrevocably authorized and directed at all times to reserve such number of authorized and unissued shares as shall be required for such purpose. The Company will keep a copy of this Agreement on file with the Transfer Agent and with every subsequent transfer agent for any shares of the Company's securities issuable upon the exercise of the Warrants. The Company will supply the Transfer Agent or any subsequent transfer agent with duly executed certificates for such purpose. All Warrants surrendered in the exercise of the rights thereby evidenced shall be canceled, and such canceled Warrants shall constitute sufficient evidence of the number of Shares that have been issued upon the exercise of such Warrants.

Appears in 3 contracts

Samples: Warrant Agreement (Media Logic Inc), Warrant Agreement (Media Logic Inc), Warrant Agreement (Media Logic Inc)

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RESERVATION OF SHARES, ETC. The There have been reserved, and the Company shall at all times keep reserved, out of the authorized and unissued Common Stock of the Company, a number of shares of Common Stock sufficient to provide for the exercise of the rights of purchase represented by the outstanding Warrants. American Stock Transfer & Trust Co., transfer agent for the Common Stock (the "Transfer Agent"), and every subsequent transfer agent, if any, for the Company's securities issuable upon the exercise of the Warrants will be irrevocably authorized and directed at all times to reserve such number of authorized and unissued shares as shall be required for such purpose. The Company will keep a copy of this Agreement on file with the Transfer Agent and with every subsequent transfer agent for any shares of the Company's securities issuable upon the exercise of the Warrants. The Company will supply the Transfer Agent or any subsequent transfer agent with duly executed certificates for such purpose. All Warrants surrendered in the exercise of the rights thereby evidenced shall be canceled, and such canceled Warrants shall constitute sufficient evidence of the number of Shares that have been issued upon the exercise of such Warrants.

Appears in 2 contracts

Samples: Warrant Agreement (Media Logic Inc), Warrant Agreement (Media Logic Inc)

RESERVATION OF SHARES, ETC. The There have been reserved, and the Company shall at all times keep reserved, out of the authorized and unissued Common Stock of the CompanyStock, a number of shares of Common Stock sufficient to provide for the exercise of the rights of purchase represented by the outstanding Adelphi Warrants. American Stock Transfer & Trust Co., The transfer agent for the Common Stock (the "Transfer Agent"), and every subsequent transfer agent, if any, for the Company's securities issuable upon the exercise of the Warrants will be irrevocably authorized and directed at all times until the Expiration Date to reserve such number of authorized and unissued shares as shall be required for such this purpose. The Company will keep a copy of this Agreement on file with the Transfer Agent and with every subsequent transfer agent for any shares of the Company's securities issuable upon the exercise of the WarrantsAgent. The Company will supply the any such Transfer Agent or any subsequent transfer agent with duly executed stock certificates for such purposepurpose and will itself provide or otherwise make available any cash which may be distributable as provided in Section 7 of this Agreement. All Adelphi Warrants surrendered in the exercise of the rights thereby evidenced shall be canceledcancelled, and such canceled cancelled Adelphi Warrants shall constitute sufficient evidence of the number of Shares shares of Common Stock that have been issued upon the exercise of such Adelphi Warrants.

Appears in 2 contracts

Samples: Warrant Agreement (Educational Video Conferencing Inc), Warrant Agreement (Educational Video Conferencing Inc)

RESERVATION OF SHARES, ETC. The Company has reserved, and shall at all times keep reserved, out of the authorized and unissued shares of Common Stock of the CompanyStock, a number of shares of Common Stock sufficient to provide for the exercise of the rights of purchase represented by the outstanding Warrants. American Stock [Name of Transfer & Trust Co.Agent], transfer agent for the Common Stock (the "Transfer Agent")Stock, and every any subsequent transfer agent, if any, agent for the Company's securities issuable upon the exercise of the Warrants (the "Transfer Agent") will be irrevocably authorized and directed at all times until the Warrant Expiration Date to reserve such number of authorized and unissued shares as shall be required for such purpose. The Company will keep a copy of this Agreement on file with the Transfer Agent and with every subsequent transfer agent for any shares of the Company's securities issuable upon the exercise of the WarrantsAgent. The Company will supply the Transfer Agent or any subsequent transfer agent with duly executed certificates for such purposepurpose and will itself provide or make available any cash distributable as provided in Section 9 of this Agreement. All Warrants surrendered upon exercise in the exercise of the rights thereby evidenced compliance with this Agreement shall be canceled, and such canceled Warrants shall constitute sufficient evidence of the number of Shares that have been issued are issuable upon the exercise of such Warrants. No shares of Common Stock shall be subject to reservation in respect of unexercised Warrants after the Warrant Expiration Date.

Appears in 2 contracts

Samples: Warrant Agreement (Vion Pharmaceuticals Inc), Warrant Agreement (Vion Pharmaceuticals Inc)

RESERVATION OF SHARES, ETC. The There have been reserved, and the Company shall at all times keep reserved, out of the authorized and unissued Common Stock of the Company, a number of shares of Common Stock sufficient to provide for the exercise of the rights of purchase represented by the outstanding Warrants. American Continental Stock Transfer & Trust Co.Company, transfer agent for the Common Stock (the "Transfer Agent"), and every subsequent transfer agent, if any, for the Company's securities issuable upon the exercise of the Warrants will be irrevocably authorized and directed at all times to reserve such number of authorized and unissued shares as shall be required for such purpose. The Company will keep a copy of this Agreement on file with the Transfer Agent and with every subsequent transfer agent for any shares of the Company's securities issuable upon the exercise of the Warrants. The Company will supply the Transfer Agent or any subsequent transfer agent with duly executed certificates for such purpose. All Warrants surrendered in the exercise of the rights thereby evidenced shall be canceled, and such canceled Warrants shall constitute sufficient evidence of the number of Shares that have been issued upon the exercise of such Warrants.

Appears in 2 contracts

Samples: Warrant Agreement (Idm Environmental Corp), Warrant Agreement (Idm Environmental Corp)

RESERVATION OF SHARES, ETC. The There have been reserved, and the Company shall at all times keep reserved, out of the authorized and unissued Common Stock of the Company, a number of shares of Common Stock sufficient to provide for the exercise of the rights of purchase represented by the outstanding Warrants. American Stock Transfer & Trust Co.ChaseMellon Shareholder Services, transfer agent for the Common Stock (the "Transfer Agent"), and every subsequent transfer agent, if any, for the Company's securities issuable upon the exercise of the Warrants will be irrevocably authorized and directed at all times to reserve such number of authorized and unissued shares as shall be required for such purpose. The Company will keep a copy of this Agreement on file with the Transfer Agent and with every subsequent transfer agent for any shares of the Company's securities issuable upon the exercise of the Warrants. The Company will supply the Transfer Agent or any subsequent transfer agent with duly executed certificates for such purpose. All Warrants surrendered in the exercise of the rights thereby evidenced shall be canceled, and such canceled Warrants shall constitute sufficient evidence of the number of Shares that have been issued upon the exercise of such Warrants.

Appears in 1 contract

Samples: Warrant Agreement (Ride Inc)

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RESERVATION OF SHARES, ETC. The Company has reserved, and shall at all times keep reserved, out of the authorized and unissued shares of Common Stock of the CompanyStock, a number of shares of Common Stock sufficient to provide for the exercise of the rights of purchase represented by the outstanding Warrants. American Stock Transfer & Trust Co., The transfer agent for the Common Stock (the "Transfer Agent"), and every subsequent any transfer agent, if any, agent for the Company's securities issuable upon the exercise of the Warrants ("Transfer Agent") will be irrevocably authorized and directed at all times until the Warrant Expiration Date to reserve such number of authorized and unissued shares as shall be required for such purpose. The Company will keep a copy of this Agreement on file with the each Transfer Agent and with every subsequent transfer agent for any shares of the Company's securities issuable upon the exercise of the WarrantsAgent. The Company will supply the each Transfer Agent or any subsequent transfer agent with duly executed certificates for such purposepurpose and will itself provide or make available any cash distributable as provided in Section 9 of this Agreement. All Warrants surrendered in the exercise in compliance with this Agreement of the rights thereby evidenced shall be canceled, and such canceled Warrants shall constitute sufficient evidence of the number of Shares that have been issued are issuable upon the exercise of such Warrants. No shares of Common Stock shall be subject to reservation in respect of unexercised Warrants after the Warrant Expiration Date.

Appears in 1 contract

Samples: Warrant Agreement (C2i Solutions Inc)

RESERVATION OF SHARES, ETC. The Company has reserved, and shall at all times keep reserved, out of the authorized and unissued shares of Common Stock of the CompanyStock, a number of shares of Common Stock sufficient to provide for the exercise of the rights of purchase represented by the outstanding Warrants. American Stock Transfer & Trust Co., The Company's transfer agent for the Common Stock (the "Transfer Agent")Stock, and every any subsequent transfer agent, if any, agent for the Company's securities issuable upon the exercise of the Warrants (the "Transfer Agent") will be irrevocably authorized and directed at all times until the Warrant Expiration Date to reserve such number of authorized and unissued shares as shall be required for such purpose. The Company will keep a copy of this Agreement on file with the Transfer Agent and with every subsequent transfer agent for any shares of the Company's securities issuable upon the exercise of the WarrantsAgent. The Company will supply the Transfer Agent or any subsequent transfer agent with duly executed certificates for such purposepurpose and will itself provide or make available any cash distributable as provided in Section 9 of this Agreement. All Warrants surrendered upon exercise in the exercise of the rights thereby evidenced compliance with this Agreement shall be canceled, and such canceled Warrants shall constitute sufficient evidence of the number of Shares that have been issued are issuable upon the exercise of such Warrants. No shares of Common Stock shall be subject to reservation in respect of unexercised Warrants after the Warrant Expiration Date.

Appears in 1 contract

Samples: Warrant Agreement (Women First Healthcare Inc)

RESERVATION OF SHARES, ETC. The There have been reserved, and the Company shall at all times keep reserved, out of the authorized and unissued Common Stock of the Company, a number of shares of Common Stock sufficient to provide for the exercise of the rights of purchase represented by the outstanding Warrants. American Stock Securities Transfer & Trust Co.Corporation, transfer agent for the Common Stock (the "Transfer Agent"), and every subsequent transfer agent, if any, for the Company's securities issuable upon the exercise of the Warrants will be irrevocably authorized and directed at all times to reserve such number of authorized and unissued shares as shall be required for such purpose. The Company will keep a copy of this Agreement on file with the Transfer Agent and with every subsequent transfer agent for any shares of the Company's securities issuable upon the exercise of the Warrants. The Company will supply the Transfer Agent or any subsequent transfer agent with duly executed certificates for such purpose. All Warrants surrendered in the exercise of the rights thereby evidenced shall be canceled, and such canceled Warrants shall constitute sufficient evidence of the number of Shares that have been issued upon the exercise of such Warrants.

Appears in 1 contract

Samples: Warrant Agreement (Grill Concepts Inc)

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