Common use of STOCK TO BE RESERVED Clause in Contracts

STOCK TO BE RESERVED. The Company will at all times reserve and keep available out of its authorized Common Stock or its treasury shares, solely for the purpose of issue upon the conversion of the Principal Amount of the Note as herein provided, such number of shares of Common Stock as shall then be issuable upon the conversion of then outstanding Principal Amount of this Note. The Company covenants that all shares of Common Stock which shall be so issued shall be duly and validly issued and fully paid and nonassessable and free from all liens and charges with respect to the issue thereof.

STOCK TO BE RESERVED. The Company Corporation will at all times reserve and keep available out of its authorized Common Stock or its treasury shares, solely for the purpose of issue upon the conversion exercise of the Principal Amount of the Note this Warrant as herein provided, such number of shares of Common Stock as shall then be issuable upon the conversion of then outstanding Principal Amount exercise of this NoteWarrant. The Company Corporation covenants that all shares of Common Stock which shall be so issued shall be duly and validly issued and fully paid and nonassessable and free from all taxes, liens and charges with respect to the issue thereof.

STOCK TO BE RESERVED. The Company will at all times reserve and keep available out of its authorized Common Stock or its treasury shares, solely for the purpose of issue upon the conversion of the Principal Amount of the Note Convertible Note(s) as herein provided, such number of shares of Common Stock as shall then be issuable upon the conversion of then outstanding Principal Amount of this Note. The Company covenants that all shares of Common Stock which shall be so issued shall be duly and validly issued and fully paid and nonassessable and free from all liens and charges with respect to the issue thereofConvertible Note(s).

STOCK TO BE RESERVED. The Company will shall at all times reserve and keep available out of its authorized but unissued Common Stock or its treasury sharesStock, solely for the purpose of issue upon the conversion exercise of the Principal Amount of the Note Warrant as herein provided, such number of shares of Common Stock as shall then be issuable upon the conversion exercise of then all outstanding Principal Amount of this NoteWarrants. The Company covenants that all shares of Common Stock which shall be so issued issuable shall be duly and validly issued and fully paid and nonassessable and free from all taxes, liens and charges with respect to the issue thereof.