Common use of The Conversion Shares Clause in Contracts

The Conversion Shares. The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, a sufficient number of its authorized but unissued shares of its Common Stock, to effect the conversion of the Preferred Shares and exercise of the Warrants. Any shares of Common Stock issuable upon conversion of the Preferred Shares and exercise of the Warrants (and such shares when issued) are herein referred to as the "Conversion Shares" and the "Warrant Shares", respectively. The Preferred Shares, the Conversion Shares and the Warrant Shares are sometimes collectively referred to as the "Shares".

Appears in 5 contracts

Samples: Series J Convertible Preferred Stock Purchase (Esynch Corp/Ca), Series K Convertible Preferred Stock Purchase (Esynch Corp/Ca), Agreement (Watley a B Group Inc)

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The Conversion Shares. The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, a sufficient such number of its authorized but unissued shares of its Common Stock, Stock as shall from time to time be sufficient to effect the conversion of all of the Preferred Shares and exercise of the WarrantsWarrants then outstanding. Any shares of Common Stock issuable upon conversion of the Preferred Shares and exercise of the Warrants (and such shares when issued) are herein referred to as the "Conversion Shares" and the "Warrant Shares", respectively. The Preferred Shares, the Conversion Shares and the Warrant Shares are sometimes collectively referred to as the "Shares".

Appears in 5 contracts

Samples: Preferred Stock Purchase Agreement (Boundless Motor Sports Racing Inc), Convertible Preferred Stock Purchase Agreement (Boundless Motor Sports Racing Inc), Preferred Stock Purchase Agreement (Rs Group of Companies Inc)

The Conversion Shares. The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, a sufficient number of its authorized but unissued shares of its Common Stock, to effect the conversion of the Preferred Shares and exercise of the Warrants. Any shares of Common Stock issuable upon conversion of the Preferred Shares and exercise of the Warrants (and such shares when issued) are herein referred to as the "Conversion Shares" and the "Warrant Shares", respectively. The Preferred Shares, the Conversion Shares and the Warrant Shares are sometimes collectively referred to collectively as the "Shares".

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase Agreement (Globus Wireless LTD)

The Conversion Shares. The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, a sufficient number of its authorized but unissued shares of its Common Stock, to effect the conversion of the Preferred Shares and exercise of the Warrants. Any shares of Common Stock issuable upon conversion of the Preferred Shares and exercise of the Warrants (and such shares when issued) are herein referred to as the "Conversion Shares" and the "Warrant Shares", ," respectively. The Preferred Shares, the Conversion Shares and the Warrant Shares are sometimes collectively referred to as the "Shares".

Appears in 1 contract

Samples: Agreement (Greystone Digital Technology Inc)

The Conversion Shares. The Company has authorized and --------------------- has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, a sufficient number of its authorized but unissued shares of its Common Stock, to effect the conversion of the Preferred Shares and exercise of the Warrants. Any shares of Common Stock issuable upon conversion of the Preferred Shares and exercise of the Warrants (and such shares when issued) are herein referred to as the "Conversion Shares" and the "Warrant Shares", respectively. The Preferred Shares, the Conversion Shares and the Warrant Shares are sometimes collectively referred to as the "Shares".

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase (Speedcom Wireless Corp)

The Conversion Shares. The Company has authorized and has --------------------- reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, a sufficient number of its authorized but unissued shares of its Common Stock, to effect the conversion of the Preferred Shares and exercise of the Warrantseach Warrant. Any shares of Common Stock issuable upon conversion of the Preferred Shares and exercise of the Warrants (and such shares when issued) are herein referred to as the "Conversion Shares" ----------------- and the "Warrant Shares", respectively. The Preferred Shares, the Conversion -------------- Shares and the Warrant Shares are sometimes collectively referred to as the "Shares".. -------

Appears in 1 contract

Samples: Series E Convertible Preferred Stock Purchase (Skylynx Communications Inc)

The Conversion Shares. The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholdersshareholders, a sufficient number of its authorized but unissued shares of its Common Stock, Stock to effect satisfy the rights of conversion of the Preferred Shares and exercise holders of the WarrantsSeries C Preferred Stock. Any shares of Common Stock issuable upon conversion of the Series C Preferred Shares and exercise of the Warrants Stock (and such shares when issued) are herein referred to as the "Conversion Shares" and ". The shares of Series C Preferred Stock to be issued pursuant to this Agreement (the "Warrant Series C Preferred Shares", respectively. The Preferred Shares, the ) and Conversion Shares and the Warrant Shares are sometimes collectively referred to as the "Shares". 2 1.03.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Chemgenics Pharmaceuticals Inc)

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The Conversion Shares. The Company has authorized and has --------------------- reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, a sufficient number of its authorized but unissued shares of its Common Stock, to effect the conversion of the Preferred Shares and exercise of the Warrants. Any shares of Common Stock issuable upon conversion of the Preferred Shares and exercise of the Warrants (and such shares when issued) are herein referred to as the "Conversion Shares" and the "Warrant Shares", respectively. The Preferred Shares, the Conversion Shares and the Warrant Shares are sometimes collectively referred to as the "Shares".

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase (Net Value Holdings Inc)

The Conversion Shares. The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, a sufficient number of its authorized but unissued shares of its Voting Common Stock, Stock to effect satisfy the rights of conversion of the Series A Holders of the Preferred Shares and exercise of MDCM of the WarrantsNonvoting Common Shares. Any shares of Voting Common Stock issuable upon conversion of the Preferred Shares and exercise of or the Warrants Nonvoting Common Shares (and such shares when issued) are herein referred to as the "Conversion SharesCONVERSION SHARES." and the "Warrant Shares", respectively. The Preferred Shares, the Conversion Shares and the Warrant Conversion Shares are sometimes collectively referred to as the "SharesSHARES.".

Appears in 1 contract

Samples: Contribution Agreement (Mortgage Com Inc)

The Conversion Shares. The Company has authorized and has --------------------- reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, a sufficient number of its authorized but unissued shares of its Common Stock, to effect the conversion of the Preferred Shares and exercise of the Warrants. Any shares of Common Stock issuable upon conversion of the Preferred Shares and exercise of the Warrants (and such shares when issued) are herein referred to as the "Conversion Shares" ----------------- and the "Warrant Shares", respectively. The Preferred Shares, the Conversion -------------- Shares and the Warrant Shares are sometimes collectively referred to as the "Shares".. -------

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase (Skylynx Communications Inc)

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