Common use of Reservation of Stock Clause in Contracts

Reservation of Stock. The Company agrees during the term the rights under this Warrant are exercisable to take all reasonable action to reserve and keep available from its authorized and unissued shares of common stock for the purpose of effecting the exercise of this Warrant such number of shares as shall from time to time be sufficient to effect the exercise of the rights under this Warrant; and if at any time the number of authorized but unissued shares of common stock shall not be sufficient for purposes of the exercise of this Warrant in accordance with its terms, without limitation of such other remedies as may be available to the Holder, the Company will use all reasonable efforts to take such corporate action as may, in the opinion of counsel, be necessary to increase its authorized and unissued shares of its common stock to a number of shares as shall be sufficient for such purposes.

Appears in 13 contracts

Samples: Note and Warrant Agreement (NANOMIX Corp), Off Agreement (Organovo Holdings, Inc.), Myos Rens Technology Inc.

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Reservation of Stock. The Company agrees during the term the rights under this Warrant are exercisable to take all reasonable action to reserve and keep available from its authorized and unissued shares of common stock Common Stock for the purpose of effecting the exercise of this Warrant such number of shares as shall from time to time be sufficient to effect the exercise of the rights under this Warrant; and if at any time the number of authorized but unissued shares of common Common stock shall not be sufficient for purposes of the exercise of this Warrant in accordance with its termsterms and the conversion of the Shares, without limitation of such other remedies as may be available to the Holder, the Company will use all reasonable efforts to take such corporate action as may, in the opinion of counsel, be necessary to increase its authorized and unissued shares of its common stock Common Stock to a number of shares as shall be sufficient for such purposes.

Appears in 8 contracts

Samples: Note and Warrant Purchase Agreement (Miso Robotics, Inc.), Note and Warrant Purchase Agreement (Miso Robotics, Inc.), Note and Warrant Purchase Agreement (Miso Robotics, Inc.)

Reservation of Stock. The Company agrees during the term the rights under this Warrant are exercisable to take all reasonable action to reserve and keep available from its authorized and unissued shares of common stock for the purpose of effecting the exercise of this Warrant such number of shares as shall from time to time be sufficient to effect the exercise of the rights under this Warrant; and if at any time the number of authorized but unissued shares of common stock shall not be sufficient for purposes of the exercise of this Warrant in accordance with its terms, without limitation of such other remedies as may be available to the Holder, the Company will use all reasonable efforts to take such corporate action as may, in the opinion of counsel, may be necessary to increase its authorized and unissued shares of its common stock to a number of shares as shall be sufficient for such purposes.

Appears in 7 contracts

Samples: Off Agreement (TrueCar, Inc.), TrueCar, Inc., TrueCar, Inc.

Reservation of Stock. The Company agrees during the term the rights under this Warrant are exercisable to take all reasonable action to reserve and keep available from its authorized a sufficient number of Shares (and unissued shares of common stock for issuance on conversion of such Shares) for the purpose of effecting the exercise of this Warrant such number of shares as shall from time to time be sufficient to effect the exercise of the rights under this Warrant; and if at any time the number of authorized but unissued Shares (and shares of common stock for issuance on conversion of such Shares) shall not be sufficient for purposes of the exercise of this Warrant in accordance with its termsterms and the conversion of the Shares, without limitation of such other remedies as may be available to the Holder, the Company will use all reasonable efforts to take such corporate action as may, in the opinion of counsel, be necessary to increase its the number of authorized and unissued Shares (and shares of its common stock for issuance on conversion of such Shares) to a number of shares Shares as shall be sufficient for such purposes.

Appears in 3 contracts

Samples: Purchase Agreement (Impinj Inc), Purchase Agreement (Impinj Inc), Impinj Inc

Reservation of Stock. The Company agrees during the term the rights under this Warrant are exercisable to take all reasonable action to reserve and keep available from its authorized and unissued shares of common stock for the purpose of effecting the exercise of this Warrant such number of shares as shall from time to time be sufficient to effect the exercise of the rights under this Warrant; and if at any time the number of authorized but unissued shares of common stock shall not be sufficient for purposes of the exercise of this Warrant in accordance with its terms, without limitation of such other remedies as may be available to the Holder, the Company will use all reasonable its best efforts to take such corporate action as may, in the opinion of counsel, be necessary to increase its authorized and unissued shares of its common stock to a number of shares as shall be sufficient for such purposes.

Appears in 2 contracts

Samples: Roblox Corp, Roblox Corp

Reservation of Stock. The Company agrees during the term the rights under this Warrant are exercisable to take all reasonable action to reserve and keep available from its authorized and unissued shares of common stock Common Stock, for the purpose of effecting the exercise of this Warrant such number of shares as shall from time to time be sufficient to effect the exercise of the rights under this Warrant; and if at any time the number of authorized but unissued shares of common stock Common Stock shall not be sufficient for purposes of the exercise of this Warrant in accordance with its terms, without limitation of such other remedies as may be available to the Holderholder, the Company will use all reasonable its best efforts to take such corporate action as may, in the opinion of counsel, may be necessary to increase its authorized and unissued shares of its common stock Common Stock to a number of shares as shall be sufficient for such purposes.

Appears in 2 contracts

Samples: Warrant Issuance Agreement (PogoTec, Inc.), PogoTec, Inc.

Reservation of Stock. The Company agrees during the term the rights under this Warrant are exercisable to take all reasonable action to reserve and keep available from its authorized and unissued shares of common stock Shares for the purpose of effecting the exercise of this Warrant such number of shares as shall from time to time be sufficient to effect the exercise of the rights under this Warrant; and if at any time the number of authorized but unissued shares of common stock Shares shall not be sufficient for purposes of the exercise of this Warrant in accordance with its termsterms and the conversion of the Shares, without limitation of such other remedies as may be available to the Holder, the Company will use all its commercially reasonable efforts to take such corporate action as may, in the opinion of counsel, be necessary to increase its authorized and unissued shares of its common stock Shares to a number of shares as shall be sufficient for such purposes.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cimarron Medical, Inc.), Sun BioPharma, Inc.

Reservation of Stock. The Company agrees during the term the rights under this Warrant are exercisable to take all commercially reasonable action actions to reserve and keep available from its authorized and unissued shares of common stock for the purpose of effecting the exercise of this Warrant such number of shares as shall from time to time be sufficient to effect the exercise of the rights under this Warrant; and if at any time the number of authorized but unissued shares of common stock shall not be sufficient for purposes of the exercise of this Warrant in accordance with its terms, without limitation of such other remedies as may be available to the Holder, the Company will use all commercially reasonable efforts to take such corporate action as may, in the opinion of counsel, be necessary to increase its authorized and unissued shares of its common stock to a number of shares as shall be sufficient for such purposes.

Appears in 2 contracts

Samples: Harpoon Therapeutics, Inc., Harpoon Therapeutics, Inc.

Reservation of Stock. The Company agrees during the term the rights under this Warrant are exercisable to take all reasonable action to reserve and keep available from its authorized and unissued shares of common stock for the purpose of effecting the exercise of this Warrant such number of shares as shall from time to time be sufficient to effect the exercise of the rights under this Warrant; and if at any time the number of authorized but unissued shares of common stock shall not be sufficient for purposes of the exercise of this Warrant in accordance with its terms, without limitation of such other remedies as may be available to the Holder, the Company will use all reasonable its best efforts to take such corporate action as may, in the opinion of counsel, may be necessary to increase its authorized and unissued shares of its common stock to a number of shares as shall be sufficient for such purposes.

Appears in 2 contracts

Samples: Sutro Biopharma Inc, Sutro Biopharma Inc

Reservation of Stock. The Company agrees during the term the rights under this Warrant are exercisable to take all reasonable action to reserve and keep available from its authorized and unissued shares of common stock for the purpose of effecting the exercise of this Warrant such number of shares as shall from time to time be sufficient to effect the exercise of the rights under this Warrant; and if at any time the number of authorized but unissued shares of common stock shall not be sufficient for purposes of the exercise of this Warrant in accordance with its terms, without limitation of such other remedies as may be available to the Holder, the Company will use all reasonable efforts to take such corporate action as may, in the opinion of counsel, may be necessary to increase its authorized and unissued shares of its common stock to a number of shares as shall be sufficient for such purposes.

Appears in 1 contract

Samples: TrueCar, Inc.

Reservation of Stock. The Company agrees during the term the rights under this Warrant are exercisable to take all reasonable action to reserve and keep available from its authorized and unissued shares of common stock Series E Stock for the purpose of effecting the exercise of this Warrant such number of shares as shall from time to time be sufficient to effect the exercise of the rights under this Warrant; and if at any time the number of authorized but unissued shares of common stock Series E Stock shall not be sufficient for purposes of the exercise of this Warrant in accordance with its termsterms and the conversion of the Shares, without limitation of such other remedies as may be available to the Holder, the Company will use all reasonable efforts to take such corporate action as may, in the opinion of counsel, be necessary to increase its authorized and unissued shares of its common stock Series E Stock to a number of shares as shall be sufficient for such purposes.

Appears in 1 contract

Samples: Miso Robotics, Inc.

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Reservation of Stock. The Company agrees that during the term the rights under this Warrant are exercisable to take all reasonable action to reserve and keep available from its authorized and unissued shares of common stock Class A Common Stock for the purpose of effecting the exercise of this Warrant such number of shares as shall from time to time be sufficient to effect the exercise of the rights under this Warrant; and if at any time the number of authorized but unissued shares of common stock Class A Common Stock shall not be sufficient for purposes of the exercise of this Warrant in accordance with its terms, without limitation of such other remedies as may be available to the Holder, the Company will use all commercially reasonable efforts to take such corporate action as may, in the opinion of counsel, be necessary to increase its authorized and unissued shares of its common stock Class A Common Stock to a number of shares as shall be sufficient for such purposes.

Appears in 1 contract

Samples: Inspirato Inc

Reservation of Stock. The Company agrees that during the term the rights under this Warrant are exercisable to take all reasonable action to the Company shall reserve and keep available from its authorized and unissued shares of common stock for the purpose of effecting the exercise of this Warrant such number of shares as shall from time to time be sufficient to effect the exercise of the rights under this Warrant; and if at any time the number of authorized but unissued shares of common stock shall not be sufficient for purposes of the exercise of this Warrant in accordance with its terms, without limitation of such other remedies as may be available to the Holder, the Company will use all reasonable its best efforts to take such corporate action as may, in the opinion of counsel, may be necessary to increase its authorized and unissued shares of its common stock to a number of shares as shall be sufficient for such purposes.

Appears in 1 contract

Samples: DealerTrack Holdings, Inc.

Reservation of Stock. The Company agrees during the term the rights under this Warrant are exercisable to take all reasonable action to reserve and keep available from its authorized and unissued shares of common stock Series A-1 Preferred Stock, for the purpose of effecting the exercise of this Warrant such number of shares as shall from time to time be sufficient to effect the exercise of the rights under this Warrant; and if at any time the number of authorized but unissued shares of common stock Series A-1 Preferred Stock shall not be sufficient for purposes of the exercise of this Warrant in accordance with its terms, without limitation of such other remedies as may be available to the Holderholder, the Company will use all reasonable its best efforts to take such corporate action as may, in the opinion of counsel, may be necessary to increase its authorized and unissued shares of its common stock Series A-1 Preferred Stock to a number of shares as shall be sufficient for such purposes.

Appears in 1 contract

Samples: PogoTec, Inc.

Reservation of Stock. The Company agrees during the term the rights under this Warrant are exercisable to take all reasonable action to reserve and keep available from its authorized and unissued shares of common stock for the purpose of effecting the exercise of this Warrant such number of shares Shares as shall from time to time be sufficient to effect the exercise of the rights under this Warrant; and if at any time the number of authorized but unissued shares of common stock shall not be sufficient for purposes of the exercise of this Warrant in accordance with its terms, without limitation of such other remedies as may be available to the Holder, the Company will use all reasonable efforts to take such corporate action as may, in the opinion of counsel, may be necessary to increase its authorized and unissued shares of its common stock to a number of shares as shall be sufficient for such purposes.

Appears in 1 contract

Samples: Warrant (TrueCar, Inc.)

Reservation of Stock. The Company agrees during the term the rights under this Warrant are exercisable to take all reasonable action to reserve and keep available from its authorized and unissued shares of common stock for the purpose of effecting the exercise of this Warrant such number of shares as shall from time to time be sufficient to effect the exercise of the rights under this Warrant; and if at any time the number of authorized but unissued shares of common stock shall not be sufficient for purposes of the exercise of this Warrant in accordance with its terms, without limitation of such other remedies as may be available to the Holder, the Company will use all reasonable its best efforts to take such corporate action as may, in the opinion of counsel, may be necessary to increase its authorized and unissued shares of its common stock to a number of shares as shall be sufficient for such purposes.

Appears in 1 contract

Samples: Wave Systems Corp

Reservation of Stock. The Company agrees during the term the rights under this Warrant are exercisable to take all reasonable action to reserve and keep available from its authorized and unissued shares of common stock Series B Preferred Stock, for the purpose of effecting the exercise of this Warrant such number of shares as shall from time to time be sufficient to effect the exercise of the rights under this Warrant; and if at any time the number of authorized but unissued shares of common stock the Series B Preferred Stock shall not be sufficient for purposes of the exercise of this Warrant in accordance with its terms, without limitation of such other remedies as may be available to the Holderholder, the Company will use all reasonable its best efforts to take such corporate action as may, in the opinion of counsel, may be necessary to increase its authorized and unissued shares of its common stock the Series B Preferred Stock to a number of shares as shall be sufficient for such purposes.

Appears in 1 contract

Samples: PogoTec, Inc.

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