Reservation of Stock, Etc., Issuable on Exercise of Warrant. The Company will at all times reserve and keep available, solely for issuance and delivery on the exercise of this Warrant, shares of Common Stock (or Other Securities) from time to time issuable on the exercise of this Warrant.
Reservation of Stock, Etc., Issuable on Exercise of Warrant. The Company is authorized to issue an unlimited number of shares of Common Stock. If after the Closing Date, the Company amends its articles or certificate of incorporation or similar charter document to limit the number of shares of Common Stock that the Company is authorized to issue, it shall at all times reserve and keep available, solely for issuance and delivery on the exercise of the Warrant, shares of Common Stock (or Other Securities) from time to time issuable on the exercise of the Warrant.
Reservation of Stock, Etc., Issuable on Exercise of Warrant. From and after the date that the Certificate of Incroporation for the Company is amended to increase the authorized Common Stock of the Company, the Company will at all times reserve and keep available, solely for issuance and delivery on the exercise of this Warrant, shares of Common Stock (or Other Securities) from time to time issuable on the exercise of this Warrant.
Reservation of Stock, Etc., Issuable on Exercise of Warrant. The Company has such number of shares of Series C-1 Preferred Stock as shall be sufficient for the exercise in full of this Warrant, and will at all times reserve and keep available, solely for issuance and delivery on the exercise of the Warrant, all shares of Series C-1 Preferred Stock (or Other Securities) from time to time issuable on the exercise of the Warrant. The Company shall have authorized by not later than August 15, 2003 such number of shares Common Stock as shall be sufficient for the conversion in full of the shares of Series C-1 Preferred Stock issuable upon exercise of this Warrant, and thereupon will at all times reserve and keep available such number of shares of Common Stock as shall be sufficient for the conversion in full of such Series C-1 Preferred Stock.
Reservation of Stock, Etc., Issuable on Exercise of Warrant. SanSal will at all times reserve and keep available, solely for issuance and delivery on the exercise of the Warrant, shares of Common Stock (or Other Securities) from time to time issuable on the exercise of the Warrant.
Reservation of Stock, Etc., Issuable on Exercise of Warrant. The Company will at all times on and after the sixtieth (60) day following the Closing Date (as defined in the Security Agreement referred to below), reserve and keep available, solely for issuance and delivery on the exercise of the Warrant, shares of Common Stock (or Other Securities) from time to time issuable on the exercise of the Warrant.
Reservation of Stock, Etc., Issuable on Exercise of Warrant. The Company will take such actions as shall be required to at all times after the one year anniversary of this Warrant reserve and keep available, solely for issuance and delivery on the exercise of this Warrant, such number of shares of Common Stock from time to time issuable on the exercise of the Warrant.
Reservation of Stock, Etc., Issuable on Exercise of Warrant. The Company will at all times reserve and keep available, solely for issuance and delivery on the exercise of the Warrant, shares of Common Stock (or Other Securities) from time to time issuable on the exercise of the Warrant. The Company does not currently have enough common shares authorized to satisfy the exercise of this Warrant. Within 90 days after the date hereof, the Company will call a special meeting of the shareholders of the Company to approve an amendment to the Articles of Incorporation increasing the number of authorized shares of common stock from the current 40,000,000 to 100,000,000 (the “Share Increase Amendment”). Pending adoption of the Share Increase Amendment, the Holder hereby covenants and agrees that under no circumstances will it seek to exercise any of the Warrants. The Holder acknowledges and agrees that the shareholders of the Company have no obligation, legal or otherwise, to approve or adopt the Share Increase Amendment, and the Holder hereby expressly assumes the risk of such failure to approve or adopt by the shareholders. In no event will the Company be liable to the Investor for any claim, demand, loss, cost, expense, obligation, liability, or damage arising from, related to, or resulting from the failure of the Company’s shareholders to approve or adopt the Share Increase Amendment.
Reservation of Stock, Etc., Issuable on Exercise of Warrant. The Company shall at all times reserve and keep available out of its authorized Common Stock, a number of shares of Common Stock equal to 200% of the full number of shares of Common Stock issuable solely for issuance and delivery on the exercise of this Warrant.
Reservation of Stock, Etc., Issuable on Exercise of Warrant. THE COMPANY WILL AT ALL TIMES RESERVE AND KEEP AVAILABLE, SOLELY FOR ISSUANCE AND DELIVERY ON THE EXERCISE OF THIS WARRANT, SHARES OF COMMON STOCK (OR OTHER SECURITIES) FROM TIME TO TIME ISSUABLE ON THE EXERCISE OF THIS WARRANT.
