Common use of Reserved Shares; Valid Issuance Clause in Contracts

Reserved Shares; Valid Issuance. The Company covenants that it will at all times from and after the date hereof reserve and keep available such number of its authorized shares of Common Stock, free from all preemptive or similar rights therein, as will be sufficient to permit the exercise of this Warrant in full. The Company further covenants that such shares as may be issued pursuant to the exercise of this Warrant will, upon issuance, be duly and validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.

Appears in 27 contracts

Samples: Ask Jeeves Inc, Ask Jeeves Inc, Omtool LTD

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Reserved Shares; Valid Issuance. The Company covenants that it will at all times from and after the date hereof reserve and keep available such number of its authorized shares of Common Stock, free from all preemptive or similar rights therein, as will be sufficient to permit the exercise of this Warrant in full. The Company further covenants that such shares as may be issued pursuant to the such exercise of this Warrant will, upon issuance, be duly and validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.

Appears in 15 contracts

Samples: Loan Agreement (Erin Energy Corp.), Financing Support Agreement (Erin Energy Corp.), Loan and Security Agreement (AtriCure, Inc.)

Reserved Shares; Valid Issuance. The Company covenants that it will reserve and keep available at all times from and after the date hereof reserve and keep available such number of its authorized shares of Common Stock, free from all preemptive or similar rights therein, as will be sufficient to permit the exercise of this Warrant in full. The Company further covenants that such shares as may be issued pursuant to the exercise of this Warrant will, upon issuance, be duly and validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.

Appears in 11 contracts

Samples: Southwall Technologies Inc /De/, Southwall Technologies Inc /De/, Axtive Corp

Reserved Shares; Valid Issuance. The Company covenants that it will at all times times, from and after the date hereof Exercise Eligibility Date, reserve and keep available such number of its authorized shares of Common Stock, free from all preemptive or similar rights therein, Stock as will be sufficient to permit the exercise of this Warrant in full. The Company further covenants that such shares as may be issued the Shares will, upon issuance and payment by Holder of the Purchase Price pursuant to the exercise of this Warrant will, upon issuanceterms hereof, be duly and validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.

Appears in 7 contracts

Samples: Credit Agreement (XY - The Findables Co), XY - The Findables Co, XY - The Findables Co

Reserved Shares; Valid Issuance. The Company covenants that it will at all times from and after the date hereof reserve and keep available such number of its authorized shares of Common Stock, Stock free from all preemptive or similar rights therein, as will be sufficient to permit permit, respectively, the exercise of this Warrant in full. The Company further covenants that such shares as may be issued pursuant to the such exercise of this Warrant and/or conversion will, upon issuance, be duly and validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.

Appears in 4 contracts

Samples: NameMedia, Inc., Hemosense Inc, Hemosense Inc

Reserved Shares; Valid Issuance. The Company covenants that it will at all times from and after the date hereof reserve and keep available such number of its authorized shares of Common Stock, free from all preemptive or similar rights therein, as will be sufficient to permit the exercise of this Warrant in full. The Company further covenants that such shares as may be issued pursuant to the such exercise of this Warrant and conversion will, upon issuance, be duly and validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.

Appears in 4 contracts

Samples: PSW Technologies Inc, PSW Technologies Inc, PSW Technologies Inc

Reserved Shares; Valid Issuance. The Company covenants that it will at all times from and after the date hereof reserve and keep available such number of its authorized shares of Common Stock, free from all preemptive or similar rights therein, as will be sufficient to permit the exercise of this Warrant in full. The Company further covenants that such shares as may be issued pursuant to the such exercise of this Warrant will, upon issuanceissuance in accordance with the terms hereof, be duly and validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.

Appears in 3 contracts

Samples: Loan and Security Agreement (Codexis Inc), Codexis Inc, Codexis Inc

Reserved Shares; Valid Issuance. The Company covenants that it will at all times from and after the date hereof reserve and keep available such number of its authorized shares of Common Stock, free from all preemptive or similar rights therein, Stock as will be sufficient to permit the exercise of this Warrant in full. The Company further covenants that such shares as may be issued pursuant to the exercise of this Warrant will, upon issuanceissuance and receipt of the respective purchase price therefor, be duly and validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.

Appears in 2 contracts

Samples: Fastnet Corp, Fastnet Corp

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Reserved Shares; Valid Issuance. The Company covenants that it will at all times from and after the date hereof reserve and keep available such number of its authorized shares of Common Stock, no par value, of the Company, free from all preemptive or similar rights therein, as will be sufficient to permit the exercise of this Warrant in full. The Company further covenants that such shares as may be issued pursuant to the such exercise of this Warrant and/or conversion will, upon issuance, be duly and validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.

Appears in 2 contracts

Samples: Common Stock Purchase (Lancer Orthodontics Inc /Ca/), Common Stock Purchase (Biomerica Inc)

Reserved Shares; Valid Issuance. The Company covenants that it will at all times from and after the date hereof this Warrant becomes exercisable reserve and keep available such number of its authorized shares of Common Stock, free from all preemptive or similar rights therein, as will be sufficient to permit the exercise of this Warrant in full. The Company further covenants that such shares as may be issued pursuant to the exercise of this Warrant will, upon issuance, be duly and authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.

Appears in 2 contracts

Samples: Air South Airlines Inc, Air South Airlines Inc

Reserved Shares; Valid Issuance. The Company covenants that it will at all times from and after the date hereof Term Commencement Date reserve and keep available such number of its authorized shares of Common Stock, free from all preemptive or similar rights therein, as will be sufficient to permit the exercise of this Warrant in full. The Company further covenants that such shares as may be issued pursuant to the exercise of this Warrant will, upon issuance, be duly and validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.

Appears in 1 contract

Samples: Metabolix, Inc.

Reserved Shares; Valid Issuance. The Company covenants that it will at all times from and after the date hereof Original Issue Date reserve and keep available such number of its authorized shares of Common Stock, free from all preemptive or similar rights therein, as will be sufficient to permit the exercise of this Warrant in full. The Company further covenants that such shares as may be issued pursuant to the exercise of this Warrant will, upon issuance, be duly and validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.

Appears in 1 contract

Samples: Metabolix, Inc.

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