Common use of Reservation of Stock, Etc., Issuable on Exercise of Warrant Clause in Contracts

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.

Appears in 3 contracts

Samples: Ad.Venture Partners, Inc., 180 Connect Inc., 180 Connect Inc.

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