Common use of Stock Reserve Clause in Contracts

Stock Reserve. At all times when any Notes are outstanding, the Company will reserve, out of its authorized but unissued and unreserved shares of Common Stock, a number of shares of Common Stock sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 42 contracts

Sources: Indenture (Bandwidth Inc.), Indenture (Vertex, Inc.), Indenture (Super Micro Computer, Inc.)

Stock Reserve. At all times when any Notes are outstanding, the Company will reserve, reserve (out of its authorized but unissued and unreserved shares of Common Stock, Stock that are not reserved for other purposes) a number of shares of Common Stock sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 11 contracts

Sources: Indenture (Coinbase Global, Inc.), Indenture (Coinbase Global, Inc.), Indenture (Peloton Interactive, Inc.)

Stock Reserve. At all times when any Notes are outstanding, the Company will reserve, out of its authorized but unissued and unreserved shares of Common Stock, a number of shares of Common Stock sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 7 contracts

Sources: First Supplemental Indenture (Tilray Brands, Inc.), First Supplemental Indenture (Xeris Biopharma Holdings, Inc.), Indenture

Stock Reserve. At all times when any Notes are outstanding, the Company will reserve, out of its authorized but unissued and unreserved shares of Common Stock, a number of shares of Common Stock sufficient equal to permit the conversion product of (i) the aggregate principal amount (expressed in thousands) of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (yii) the Conversion Rate then in effect (assuming, for these purposes, that the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 4 contracts

Sources: Indenture (Halozyme Therapeutics, Inc.), Indenture (Halozyme Therapeutics, Inc.), Indenture (Halozyme Therapeutics, Inc.)

Stock Reserve. At all times when any Notes are outstanding, the Company will reserve, out of its authorized but unissued and unreserved shares of Common Stock, a number of shares of Common Stock sufficient equal to permit the conversion product of (i) the aggregate principal amount (expressed in thousands) of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (yii) the Conversion Rate then in effect (assuming, for these purposes, that the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07).

Appears in 3 contracts

Sources: Indenture (Cracker Barrel Old Country Store, Inc), Indenture (Cracker Barrel Old Country Store, Inc), Second Supplemental Indenture (Spirit Airlines, Inc.)

Stock Reserve. At all times when any Notes are outstanding, the Company will reserve, reserve (out of its authorized but unissued and unreserved shares of Common Stock, Stock that are not reserved for other purposes) a number of shares of Common Stock sufficient to permit the conversion of all then-outstanding Notes, Notes assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is increased by the maximum amount pursuant Strategic Make-Whole or Applicable Premium in effect from time to which time, and the Conversion Rate may be increased pursuant to Section 5.07Minimum Price.

Appears in 3 contracts

Sources: Indenture (Biora Therapeutics, Inc.), Indenture (Biora Therapeutics, Inc.), Indenture (Biora Therapeutics, Inc.)

Stock Reserve. At all times when any Notes are outstanding, the Company will reserve, out of its authorized but unissued and unreserved shares of Common Stock, a number of shares of Common Stock sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversionthe Company elects, upon each conversion of the Notes, a Specified Dollar Amount of $1,000 per $1,000 principal amount of Notes; and (y) the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 3 contracts

Sources: Indenture (Haemonetics Corp), Indenture (Haemonetics Corp), Indenture (Mitek Systems Inc)

Stock Reserve. At all times when any Notes are outstanding, the Company will reserve, out of its authorized but unissued not outstanding and unreserved shares of Common Stock, a number of shares of Common Stock sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 3 contracts

Sources: Indenture (Guess Inc), Indenture (Bloomin' Brands, Inc.), Indenture (Guess Inc)

Stock Reserve. At all times when any Notes are outstanding, the Company will reserve, reserve (out of its authorized but unissued and unreserved shares of Common Stock, Stock that are not reserved for other purposes) a number of shares of Common Stock sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 2 contracts

Sources: Indenture (Peabody Energy Corp), Indenture (Peabody Energy Corp)

Stock Reserve. At all times when any Notes are outstanding, the Company will reserve, out of its authorized but unissued and unreserved shares of Common Stock, a number of shares of Common Stock sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.. (B)

Appears in 2 contracts

Sources: Indenture (Super Micro Computer, Inc.), Indenture (Super Micro Computer, Inc.)

Stock Reserve. At all times from and after the Authorized Share Effective Date, when any Notes are outstanding, the Company will reserve, out of its authorized but unissued and unreserved shares of Common Stock, a number of shares of Common Stock sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.075.08.

Appears in 2 contracts

Sources: Second Supplemental Indenture (Verastem, Inc.), First Supplemental Indenture (Verastem, Inc.)

Stock Reserve. At all times when any Notes are outstanding, the Company will reserve, out of its authorized but unissued unreserved and unreserved not outstanding shares of Common Stock, a number of shares of Common Stock sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 1 contract

Sources: Indenture (Chefs' Warehouse, Inc.)

Stock Reserve. At all times when any the Notes are outstanding, the Company will reserve, out of its authorized but unissued and unreserved shares of Common Stock, a number of shares of Common Stock sufficient equal to permit the maximum number of Conversion Shares to provide for the full conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversionthe Convertible Notes and any payment of accrued and unpaid interest thereon; and (y) provided that at no time shall the Conversion Rate is increased by the maximum amount number of shares of Common Stock reserved pursuant to which this Section 5.05(A) be reduced other than in connection with any stock combination, reverse stock split or other similar transaction or proportionally in connection with any conversion and/or redemption, as applicable, of the Conversion Rate may be increased pursuant to Section 5.07Convertible Notes.

Appears in 1 contract

Sources: Indenture (Workhorse Group Inc.)

Stock Reserve. At all times when any Notes are outstanding, the Company will reserve, out of its authorized but unissued and unreserved shares of Common Stock, a number of shares of Common Stock sufficient to permit the conversion of all then-outstanding Notes, assuming assuming: (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 1 contract

Sources: Indenture (PetIQ, Inc.)

Stock Reserve. At all times when any Notes are outstanding, the Company will reserve, out of its authorized but unissued and unreserved shares of Common Stock, a number of shares of Common Stock sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 1 contract

Sources: Indenture (Varex Imaging Corp)

Stock Reserve. At all times when any Notes are outstanding, the Company will reserve, out of its authorized but unissued and unreserved shares of Common Stock, a number of shares of Common Stock sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.075.07 and without regard to the General Beneficial Ownership Limit, any Holder Beneficial Ownership Limit or any other limitation on the conversion of the Notes.

Appears in 1 contract

Sources: Indenture (Xeris Biopharma Holdings, Inc.)

Stock Reserve. At all times when any Notes are outstanding, the Company will reserve, reserve (out of its authorized but unissued and unreserved shares of Common Stock, Stock that are not reserved for other purposes) a number of shares of Common Stock sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversionthe Company elects, upon each conversion of the Notes, a Specified Dollar Amount of $1,000 per $1,000 principal amount of Notes; and (y) the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 1 contract

Sources: Indenture (Vail Resorts Inc)

Stock Reserve. At all times when any Notes are outstanding, the Company will reserve, Table of Contents reserve (out of its authorized but unissued and unreserved shares of Common Stock, Stock that are not reserved for other purposes) a number of shares of Common Stock sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 1 contract

Sources: Indenture (Progenity, Inc.)

Stock Reserve. At all times when any Notes are outstanding, the Company will reserve, out of its authorized but unissued and unreserved shares of Common StockStock that are not reserved for other purposes, a number of shares of Common Stock sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 1 contract

Sources: First Supplemental Indenture (Travere Therapeutics, Inc.)

Stock Reserve. At all times from and after the Issue Date, when any Notes are outstanding, the Company will reserve, out of its authorized but unissued and unreserved shares of Common Stock, a number of shares of Common Stock sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07‎Section 5.08.

Appears in 1 contract

Sources: Indenture (Verastem, Inc.)

Stock Reserve. At all times when any Notes are outstandingoutstanding Article 5, the Company will reserve, out of its authorized but unissued and unreserved shares of Common Stock, a number of shares of Common Stock sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 1 contract

Sources: Indenture (Gastar Exploration Inc.)

Stock Reserve. At all times when any Notes are outstanding, the Company will reserve, out of its authorized but unissued and unreserved shares of Common Stock, a number of shares of Common Stock sufficient to permit the conversion of all then-outstanding Notes, assuming assuming, solely for purposes of this Section 5.04(A), that (x) Physical Settlement will apply each conversion is settled solely by the delivery of a number of shares of Common Stock, per $1,000 principal amount of Notes, equal to such conversionthe then-applicable Conversion Rate; and (y) the such Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 1 contract

Sources: Indenture (Booking Holdings Inc.)

Stock Reserve. At all times when any Notes are outstanding, the Company will reserve, reserve (out of its authorized but unissued and unreserved shares of Common Stock, Stock that are not reserved for other purposes) a number of shares of Common Stock sufficient equal to permit the conversion product of (i) the aggregate principal amount (expressed in thousands) of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (yii) the Conversion Rate then in effect (assuming, for these purposes, that the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07).

Appears in 1 contract

Sources: Indenture (Tyler Technologies Inc)