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 or exchange of Securities, the full number of shares of Common Stock of the Company then issuable upon the conversion or exchange of all outstanding Securities of any series that has conversion or exchange rights.

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

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

Reservation of Shares of Common Stock. The Company shall will, at all times times, reserve and keep available, free from of preemptive rights, out enough shares of its authorized but unissued Common Stock, Stock for the purpose of effecting enabling the conversion or exchange of Securities, the full number of Company to satisfy any obligations to issue shares of Common Stock upon conversion of the Company then issuable upon the conversion or exchange of all outstanding Securities of any series that has conversion or exchange rightsSecurities.]

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 or exchange of SecuritiesDebentures, the full number of shares of Common Stock of the Company then issuable upon the conversion or exchange of all outstanding Securities Debentures of any series that has conversion or exchange rights.

Reservation of Shares of Common Stock. The Company Corporation shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but and unissued shares of Common Stock, for the purpose of effecting the conversion or exchange of Securities, the full such number of shares of its Common Stock as shall from time to time be sufficient to effect the conversion of all shares of the Company then issuable Series A Preferred Stock from time to time outstanding, but shares of Common Stock held in the treasury of the Corporation may, at the discretion of the Corporation, be delivered upon any conversion of the conversion or exchange of all outstanding Securities of any series that has conversion or exchange rightsSeries A Preferred Stock.

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 or exchange issuance of Securitiesshares upon exercise of warrants, the full number of shares of Common Stock deliverable upon exercise of the Company then issuable upon the conversion or exchange of all outstanding Securities of any series that has conversion or exchange rightsa warrant.

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 and unissued Common Stock, solely for the purpose of effecting the conversion or exchange of Securitiesissuance upon a Conversion, the full such number of shares of Common Stock of the Company then as shall from time to time be issuable upon the conversion or exchange a Conversion of all outstanding Securities the shares of any series that has conversion or exchange rightsSeries A Preferred Stock then outstanding. Any shares of Common Stock issued upon a Conversion shall be duly authorized, validly issued, fully paid and nonassessable.

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 or exchange of Securities, the full number of shares of Common Stock of the Company then issuable upon the conversion or exchange of all outstanding Securities of any series that has have conversion or exchange rights.

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 or exchange of Securities, the full number of shares of Common Stock of the Company then issuable upon the conversion or exchange of all outstanding Securities of any series that has conversion or exchange rights.

Reservation of Shares of Common Stock. (a) The Company shall 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 or exchange enabling it to satisfy any obligation to issue shares of SecuritiesCommon Stock upon exercise of Warrants, the full maximum number of shares of Common Stock of the Company which may then issuable be deliverable upon the conversion or exchange exercise of all outstanding Securities of any series that has conversion or exchange rightsWarrants.

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 or exchange of SecuritiesDebentures, the full number of shares of Common Com mon Stock of the Company then issuable upon the conversion or exchange of all outstanding Securities Debentures of any series that has conversion or exchange rights.

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 or exchange of SecuritiesConvertible Debentures, the full number of shares of Common Stock of the Company then issuable upon the conversion or exchange of all outstanding Securities of any series that has conversion or exchange rightsConvertible Debentures.

Reservation of Shares of Common Stock. The Company shall at all times will reserve and keep availableavailable at all times, free from of preemptive rights, out shares of its authorized but unissued Common Stock, Stock for the purpose of effecting enabling the conversion or exchange of Securities, the full number of Company to satisfy any obligations to issue shares of Common Stock upon conversion of the Company then issuable upon the conversion or exchange of all outstanding Securities of any series that has conversion or exchange rightsSecurities.

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

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 or exchange of Debt Securities, the full number of shares of Common Stock of the Company then issuable upon the conversion or exchange of all outstanding Debt Securities of any series that has conversion or exchange rights.

Reservation of Shares of Common Stock. The Company shall at all times will reserve and keep availableavailable at all times, free from of preemptive rights, out shares of its authorized but unissued Common Stock, Stock for the purpose of effecting enabling the conversion or exchange of Securities, the full number of Company to satisfy all obligations to issue shares of Common Stock upon conversion of the Company then issuable upon the conversion or exchange of all outstanding Securities of any series that has conversion or exchange rightsSecurities.]

Reservation of Shares of Common Stock. The Company Corporation shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock, solely for the purpose of effecting issuance upon the conversion or exchange of Securitiesthe Convertible Preferred Shares, the full such number of shares of Common Stock of the Company then issuable as may be issued upon the conversion or exchange of all outstanding Securities of any series that has conversion or exchange rightsConvertible Preferred Shares not previously converted.

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 or exchange of SecuritiesConvertible Debentures, the full number of shares of Common Stock of the Company then issuable upon the conversion or exchange of all outstanding Securities Convertible Debentures of any series that has conversion or exchange rights.