Common use of Reservation of Shares of Common Stock Clause in Contracts

Reservation of Shares of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock, for the purpose of effecting the conversion of Securities, the full number of shares of Common Stock of the Company then issuable upon the conversion of all outstanding Securities of any series that has conversion rights.

Appears in 81 contracts

Samples: Indenture (Omeros Corp), Indenture (Penn Virginia Corp), Indenture (Chapman Construction Co., L.P.)

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Reservation of Shares of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common StockStock or treasury shares, for the purpose of effecting the conversion of Securities, the full number of shares of Common Stock of the Company then issuable upon the conversion of all outstanding Securities of any series that has conversion rights.

Appears in 11 contracts

Samples: Indenture (Wendys International Inc), Indenture (International Paper Co /New/), United States Surgical Corp

Reservation of Shares of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common StockStock or treasury shares, for the purpose of effecting the conversion of SecuritiesDebentures, the full number of shares of Common Stock of the Company then issuable upon the conversion of all outstanding Securities of any series that has conversion rightsDebentures.

Appears in 4 contracts

Samples: Indenture (Wabash National Corp /De), Indenture (Insignia Financing I), Exchange Agreement (Insignia Financial Group Inc /De/)

Reservation of Shares of Common Stock. The Company shall covenants that it will at all times reserve and keep available, free from preemptive rights, out of the aggregate of its authorized but unissued shares of Common Stock, for the purpose of effecting the conversion of Securitiesthe Note, the full number of shares of Common Stock of the Company then issuable deliverable upon the conversion of all outstanding Securities of any series that has conversion rightsthe Note.

Appears in 4 contracts

Samples: Convertible Note Purchase Agreement (Micro General Corp), Convertible Note Purchase Agreement (Micro General Corp), Convertible Note Purchase Agreement (Micro General Corp)

Reservation of Shares of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock, for the purpose of effecting the conversion of Securities, the full number of shares of Common Stock of the Company then issuable upon the conversion of all outstanding Outstanding Securities of any series that has conversion rights.

Appears in 3 contracts

Samples: Indenture (Fluor Corp), Fluor Corp, Fluor Corp/De/

Reservation of Shares of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common StockStock or treasury shares, for the purpose of effecting the conversion of SecuritiesConvertible Debentures, the full number of shares of Common Stock of the Company then issuable upon the conversion of all outstanding Securities of any series that has conversion rightsConvertible Debentures.

Appears in 2 contracts

Samples: Execution Copy (Viatel Inc), McKesson Corp

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Reservation of Shares of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock, for the purpose of effecting the conversion of Securities, the they full number of shares of Common Stock of the Company then issuable upon the conversion of all outstanding Securities of any series that has conversion rights.

Appears in 1 contract

Samples: Indenture (Energy Conversion Devices Inc)

Reservation of Shares of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of the aggregate of its authorized but unissued shares of Common StockStock or its issued shares of Common Stock held in its treasury, or both, for the purpose of effecting the conversion conversions of SecuritiesNotes, the full number of shares of Common Stock of the Company then issuable deliverable upon the conversion of all outstanding Securities Notes not theretofore converted. Before taking any action that would cause an adjustment reducing the Conversion Price below the then par value (if any) of any series that has conversion rights.the shares of Common Stock deliverable upon conversion

Appears in 1 contract

Samples: Indenture (Midcom Communications Inc)

Reservation of Shares of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock, for the purpose of effecting the conversion of Securities, the full Stock a sufficient number of shares of Common Stock of to provide for the Company then issuable upon the full conversion of all outstanding Securities Notes and issuance of the shares of Common Stock in connection therewith (without giving effect to any series that has limitation on conversion rightsthereof).

Appears in 1 contract

Samples: Securities Purchase Agreement (Odetics Inc)

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