Common use of Reservation of Shares, Shares to Be Fully Paid; Compliance with Governmental Requirements; Listing of Common Stock Clause in Contracts

Reservation of Shares, Shares to Be Fully Paid; Compliance with Governmental Requirements; Listing of Common Stock. The Company shall reserve, out of its authorized but unissued shares or shares held in treasury, sufficient shares of Common Stock to satisfy conversion of the Securities from time to time as such Securities are presented for conversion (assuming that, at the time of the computation of such number of shares or securities, all such Securities would be converted by a single Holder). The Company covenants that all shares of Common Stock that may be issued upon conversion of Securities shall be newly issued shares or treasury shares, shall be duly authorized, validly issued, fully paid and non-assessable and shall be free from preemptive rights and free from any tax, lien or charge (other than those created by the Holder). The Company shall cause any shares of Common Stock to be issued upon conversion of Securities to be designated for quotation or listing, subject to notice of issuance, on each national securities exchange or over-the-counter or other domestic market on which the Common Stock is then listed or quoted.

Appears in 4 contracts

Samples: Indenture (Stewart Information Services Corp), Indenture (Comtech Telecommunications Corp /De/), Indenture (Imperial Holdings, Inc.)

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Reservation of Shares, Shares to Be Fully Paid; Compliance with Governmental Requirements; Listing of Common Stock. The Company shall reserve, out of its authorized but unissued shares or shares held in treasury, sufficient shares of Common Stock to satisfy conversion of the Securities Notes from time to time as such Securities Notes are presented for conversion (assuming that, at the time of the computation of such number of shares or securities, all such Securities Notes would be converted by a single Holder). The Company covenants that all shares of Common Stock that may be issued upon conversion of Securities Notes shall be newly issued shares or treasury shares, shall be duly authorized, validly issued, fully paid and non-assessable and shall be free from preemptive rights and free from any tax, lien or charge (other than those created by the Holder). The Company shall list or cause to have quoted any shares of Common Stock to be issued upon conversion of Securities to be designated for quotation or listing, subject to notice of issuance, Notes on each national securities exchange or over-the-counter or other domestic market on which the Common Stock is then listed or quoted.

Appears in 3 contracts

Samples: Note Purchase Agreement (Hall of Fame Resort & Entertainment Co), Note Purchase Agreement (Hall of Fame Resort & Entertainment Co), Supplemental Indenture (PDL Biopharma, Inc.)

Reservation of Shares, Shares to Be Fully Paid; Compliance with Governmental Requirements; Listing of Common Stock. The Company shall reserve, out of its authorized but unissued shares or shares held in treasury, sufficient shares of Common Stock to satisfy conversion of the Securities from time to time as such Securities are presented for conversion (assuming that, at the time of the computation of such number of shares or securities, all such Securities would be converted by a single Holder). The Company covenants that all shares of Common Stock that may be issued upon conversion of Securities shall be newly issued shares or treasury shares, shall be duly authorized, validly issued, fully paid and non-assessable and shall be free from preemptive rights and free from any tax, lien or charge (other than those created by the Holder). The Company shall list or cause to have quoted any shares of Common Stock to be issued upon conversion of Securities to be designated for quotation or listing, subject to notice of issuance, on each national securities exchange or over-the-counter or other domestic market on which the Common Stock is then listed or quoted.

Appears in 1 contract

Samples: Indenture (United Rentals Inc /De)

Reservation of Shares, Shares to Be Fully Paid; Compliance with Governmental Requirements; Listing of Common Stock. The Company shall reserve, out of its authorized but unissued shares or shares held in treasury, sufficient shares of Common Stock to satisfy conversion of the Securities Notes from time to time as such Securities Notes are presented for conversion (assuming that, at the time of the computation of such number of shares or securities, all such Securities Notes would be converted by a single HolderHolder and that Physical Settlement would apply). The Company covenants that all shares of Common Stock that may be issued upon conversion of Securities Notes shall be newly issued shares or treasury shares, shall be duly authorized, validly issued, fully paid and non-assessable and shall be free from preemptive rights and free from any tax, lien or charge (other than those created by the Holder). The Company shall list or cause to have quoted any shares of Common Stock to be issued upon conversion of Securities to be designated for quotation or listing, subject to notice of issuance, Notes on each national securities exchange or over-the-counter or other domestic market on which the Common Stock is then listed or quoted.

Appears in 1 contract

Samples: Indenture (Proofpoint Inc)

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Reservation of Shares, Shares to Be Fully Paid; Compliance with Governmental Requirements; Listing of Common Stock. The Company shall reserveprovide, free from preemptive rights, out of its authorized but unissued shares or shares held in treasury, sufficient shares of Common Stock to satisfy conversion of the Securities Notes from time to time as such Securities Notes are presented for conversion (assuming that, at the time of the computation of such number of shares or securities, all such Securities Notes would be converted by a single Holder). The Company covenants that all shares of Common Stock that may be issued upon conversion of Securities Notes shall be newly issued shares or treasury shares, shall be duly authorized, validly issued, fully paid and non-assessable and shall be free from preemptive rights and free from any tax, lien or charge (other than those created by the Holder). The Company shall list or cause to have quoted any shares of Common Stock to be issued upon conversion of Securities to be designated for quotation or listing, subject to notice of issuance, Notes on each national securities exchange or over-the-counter or other domestic market on which the Common Stock is then listed or quoted.

Appears in 1 contract

Samples: Supplemental Indenture (Tyson Foods Inc)

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