Common use of Reservation of Stock Clause in Contracts

Reservation of Stock. The Company covenants that during the period this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of Common Stock upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock upon the exercise of this Warrant.

Appears in 31 contracts

Samples: Warrant and Senior Subordinated Convertible Note Purchase Agreement (Dynacs Inc), Securities Purchase Agreement (Notify Technology Corp), Warrant And (Positron Corp)

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Reservation of Stock. The Company covenants that during the period this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Warrant Stock a sufficient number of shares to provide for the issuance of Common Warrant Stock upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Warrant Stock upon the exercise of this Warrant.

Appears in 12 contracts

Samples: Distribution Agreement (Accentia Biopharmaceuticals Inc), Distribution Agreement (Accentia Biopharmaceuticals Inc), Common Stock Warrant (Synergy CHC Corp.)

Reservation of Stock. The Company covenants that during the period term of this Warrant is exercisableWarrant, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of Common Stock the Warrant Shares upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute constitutes full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock Warrant Shares upon the exercise of this Warrant.

Appears in 10 contracts

Samples: System and Lead Development and Transfer Agreement (Mri Interventions, Inc.), System and Lead Development and Transfer Agreement (Mri Interventions, Inc.), System and Lead Development and Transfer Agreement (Surgivision Inc)

Reservation of Stock. The Company covenants that during the period this Warrant is exercisable, the Company it will (a) reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of Common Stock upon the conversion of the Convertible Note and the exercise of this Warrant. The Company agrees that its issuance the Warrants and/or (b) take all necessary steps, within the opinion of this Warrant shall constitute full authority legal counsel, to its officers who are charged with amend the duty Company’s certificate of executing stock certificates incorporation to execute and issue the necessary certificates for provide sufficient reserves of shares of Common Stock issuable upon conversion of the Convertible Note and the exercise of this Warrantthe Warrants.

Appears in 10 contracts

Samples: Securities Purchase Agreement (Nano Vibronix, Inc.), Securities Purchase Agreement (Nano Vibronix, Inc.), Securities Purchase Agreement (Nano Vibronix, Inc.)

Reservation of Stock. The Company covenants that during the period that this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock capital stock a sufficient number of shares of Common Stock to provide for the issuance of Common the Warrant Stock upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Warrant Stock upon the exercise of this Warrant.

Appears in 5 contracts

Samples: Distribution Agreement (Accentia Biopharmaceuticals Inc), Distribution Agreement (Accentia Biopharmaceuticals Inc), Distribution Agreement (Accentia Biopharmaceuticals Inc)

Reservation of Stock. The Company covenants that during the period this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares thereof to provide for the issuance of Common Stock Warrant Shares or other securities upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock Warrant Shares or other securities upon the exercise of this Warrant.

Appears in 3 contracts

Samples: Note and Warrant Purchase Agreement (Vaccinogen Inc), Stock Purchase Warrant (Vaccinogen Inc), Vaccinogen Inc

Reservation of Stock. The Company covenants that during the period this Warrant is exercisable, the Company will reserve from its authorized and but unissued shares of Common Stock Stock, a sufficient number of shares to provide for the issuance of Common Stock the Shares upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock upon the exercise of this WarrantShares.

Appears in 3 contracts

Samples: Stereotaxis, Inc., Stereotaxis, Inc., Stereotaxis, Inc.

Reservation of Stock. The Company covenants that during the period this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares of Common Stock (or other securities, if applicable) to provide for the issuance of Common Stock Warrant Shares (or other securities) upon the exercise of this Warrant. The Company agrees represents and warrants that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for all shares of Common Stock that may be issued upon the exercise of this WarrantWarrant will, when issued in accordance with the terms hereof, be validly issued, fully paid and nonassessable.

Appears in 3 contracts

Samples: ESS Tech, Inc., ESS Tech, Inc., ESS Tech, Inc.

Reservation of Stock. The Company covenants that during the period term this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of Common Stock upon the exercise of this Warrant. The Company agrees that Warrant and, from time to time, will take all steps necessary to amend its issuance Articles of this Warrant shall constitute full authority Incorporation, as amended and/or amended and restated from time to its officers who are charged with time (the duty “Certificate”) as the same may be amended from time to time to provide sufficient reserves of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock issuable upon the exercise of this the Warrant.

Appears in 3 contracts

Samples: Xenetic Biosciences, Inc., Xenetic Biosciences, Inc., Xenetic Biosciences, Inc.

Reservation of Stock. The Company covenants that during the period this Warrant is exercisable, the Company will use its best efforts to reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of Common Stock Shares upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock Shares upon the exercise of this Warrant.

Appears in 2 contracts

Samples: Frisby Technologies Inc, Frisby Technologies Inc

Reservation of Stock. The Company covenants that during the period -------------------- this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of Common Stock upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock upon the exercise of this Warrant.

Appears in 2 contracts

Samples: Total Sports Inc, Loudeye Technologies Inc

Reservation of Stock. The Company covenants that during the period that this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock capital stock a sufficient number of shares of Series E Convertible Preferred stock to provide for the issuance of Common the Warrant Stock upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Warrant Stock upon the exercise of this Warrant.

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Accentia Biopharmaceuticals Inc), Accentia Biopharmaceuticals Inc

Reservation of Stock. The Company covenants that during the period term this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of Common Stock upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock upon the exercise of this Warrant.

Appears in 2 contracts

Samples: Corautus Genetics Inc, Corautus Genetics Inc

Reservation of Stock. The Company covenants that during the period this -------------------- Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of Common Warrant Stock upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Warrant Stock upon the exercise of this Warrant.

Appears in 2 contracts

Samples: Stock and Warrant Purchase Agreement (Applied Imaging Corp), Haht Commerce Inc

Reservation of Stock. The Company covenants and agrees that during the period within which the rights represented by this Warrant is exercisablemay be exercised, the Company will reserve from its authorized at all times have authorized, and unissued Common Stock in reserve, a sufficient number of shares of its Common Stock to provide for the issuance of Common Stock upon the exercise of this Warrant. The Company agrees that its issuance of this the Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock upon the exercise of Shares represented by this Warrant.

Appears in 2 contracts

Samples: Gevo, Inc., Gevo, Inc.

Reservation of Stock. The Company covenants that during the period this Warrant is exercisable, the Company will use its best efforts to reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of Common Stock Warrant Shares upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock Shares upon the exercise of this Warrant.

Appears in 2 contracts

Samples: High Speed Net Solutions Inc, High Speed Net Solutions Inc

Reservation of Stock. The Company covenants that during the period this Warrant is exercisable, the Company will reserve from its authorized and unissued Class C Common Stock a sufficient number of shares to provide for the issuance of Class C Common Stock upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock Stock certificates to execute and issue the necessary certificates for shares of Class C Common Stock upon the exercise of this Warrant.

Appears in 2 contracts

Samples: Dealer Services Agreement (Armed Forces Brewing Company, Inc.), Broker Dealer Agreement (Armed Forces Brewing Company, Inc.)

Reservation of Stock. The Company covenants that during the period this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock capital stock a sufficient number of shares to provide for the issuance of Common Warrant Stock upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Warrant Stock upon the exercise of this Warrant.

Appears in 1 contract

Samples: PhaseBio Pharmaceuticals Inc

Reservation of Stock. The Company covenants that during the period -------------------- this Warrant is exercisable, the Company will reserve from its authorized and unissued Series D1 Preferred Stock and Common Stock a sufficient number of shares thereof to provide for the issuance of Common Stock Shares or other securities upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock Shares or other securities upon the exercise of this Warrant.

Appears in 1 contract

Samples: Total Sports Inc

Reservation of Stock. The Company covenants that during the -------------------- period this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of Common Stock upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock upon the exercise of this Warrant.

Appears in 1 contract

Samples: Securities Purchase Agreement (Notify Technology Corp)

Reservation of Stock. The Company covenants that during the -------------------- period this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of Common Stock upon the exercise of this WarrantWarrant and all other Warrants or instruments exercisable for Common Stock. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for the number of full shares of Common Stock issuable upon the exercise of this Warrant.

Appears in 1 contract

Samples: Visual Numerics Inc

Reservation of Stock. The Company covenants that during the period this Warrant is exercisable, the Company will shall reserve from its authorized and unissued Common Warrant Stock a sufficient number of shares to provide for the issuance of Common Warrant Stock upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates securities to execute and issue the necessary certificates for shares of Common Warrant Stock upon the exercise of this Warrant.

Appears in 1 contract

Samples: Preferred Unit Purchase Warrant (Cempra Holdings, LLC)

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Reservation of Stock. The Company covenants that during the period this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of Common Stock upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue issue. the necessary certificates for shares of Common Stock upon the exercise of this Warrant.

Appears in 1 contract

Samples: Finet Holdings Corp

Reservation of Stock. The Company covenants that during the period this Warrant Option is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of Common Stock upon the exercise of this WarrantOption. The Company agrees that its issuance of this Warrant Option shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock upon the exercise of this WarrantOption.

Appears in 1 contract

Samples: Liberate Technologies

Reservation of Stock. The Company covenants that during the period this Warrant is exercisable, the Company will to take all such necessary action to authorize and reserve from its authorized and unissued Common Stock a sufficient number of shares of Common Stock to provide for the issuance of Common Stock upon the exercise of this Warrant. The Company agrees further covenants that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for all shares of Common Stock that may be issued upon the exercise of rights represented by this WarrantWarrant and payment of the Exercise Price, all as set forth herein, will be free from all taxes, liens and charges in respect of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously or otherwise specified herein).

Appears in 1 contract

Samples: Winwin Gaming Inc

Reservation of Stock. The Company covenants that during the period -------------------- this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares thereof to provide for the issuance of Common Stock Shares or other securities upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock Shares or other securities upon the exercise of this Warrant.

Appears in 1 contract

Samples: Total Sports Inc

Reservation of Stock. The Company covenants that during the period term this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of Common Stock upon the exercise of this Warrant. The Company agrees further covenants that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for all shares of Common Stock that may be issued upon the exercise of rights represented by this WarrantWarrant and payment of the Exercise Price, all as set forth herein, will be duly and validly issued and fully paid and non-assessable, and not subject to preemptive rights.

Appears in 1 contract

Samples: Clinicor Inc

Reservation of Stock. The Company covenants that during the period term this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock common stock a sufficient number of shares to provide for the issuance of the Common Stock Shares upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates Certificates for shares of the Common Stock Shares upon the exercise of this Warrant.

Appears in 1 contract

Samples: Newport International Group Inc

Reservation of Stock. The Company covenants that and agrees that, during the period within which the rights represented by this Warrant is exercisablemay be exercised, the Company will reserve from its at all times have authorized and unissued Common Stock reserved a sufficient number of shares of its Common Stock to provide for the issuance of Common Stock upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock upon the exercise of rights represented by this Warrant.

Appears in 1 contract

Samples: Houston Operating Co

Reservation of Stock. The Company covenants that during the period this Warrant is exercisable, the Company will use its best efforts to reserve from its authorized and unissued Common Warrant Stock a sufficient number of shares to provide for the issuance of Common Warrant Stock upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Warrant Stock upon the exercise of this Warrant.

Appears in 1 contract

Samples: Stock Purchase Warrant (Regado Biosciences Inc)

Reservation of Stock. The Company covenants that during the period this Warrant is exercisable, exercisable the Company will use its best efforts to reserve from its authorized and unissued shares of Common Stock a sufficient number of shares to provide for the issuance of Common Stock upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock Warrant Shares upon the exercise of this Warrant.

Appears in 1 contract

Samples: High Speed Net Solutions Inc

Reservation of Stock. The Company covenants that during the period -------------------- this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of Common Stock upon the exercise of this Warrant. , The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock upon the exercise of this Warrant.

Appears in 1 contract

Samples: Salix Holdings LTD

Reservation of Stock. The Company covenants that that, during the period term this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of Common Stock upon the exercise of this Warrant. The Company agrees that Warrant and, from time to time, will take all steps necessary to amend its issuance Certificate of this Warrant shall constitute full authority Incorporation to its officers who are charged with the duty provide sufficient reserves of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock issuable upon the exercise of this Warrant.of

Appears in 1 contract

Samples: High Speed Access Corp

Reservation of Stock. The Company covenants that during the period that this Warrant is exercisable, the Company will reserve from its authorized and unissued Common Stock capital stock a sufficient number of shares of Series E Convertible Preferred Stock to provide for the issuance of Common the Warrant Stock upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Warrant Stock upon the exercise of this Warrant.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Accentia Biopharmaceuticals Inc)

Reservation of Stock. The Company covenants that during the period this Warrant is exercisable, the Company exercisable it will reserve from its authorized and unissued shares of Common Stock a sufficient number of shares to provide for the issuance of the number of shares of Common Stock which are issuable upon the exercise of this Warrant. The Company agrees that its issuance of this Warrant shall constitute full authority to its officers who are charged with to instruct the duty of executing stock certificates Company's transfer agent to execute and issue the necessary certificates for shares Shares of Common Stock upon the exercise of this Warrant.

Appears in 1 contract

Samples: Oryx Technology Corp

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