Common use of Underlying Shares Clause in Contracts

Underlying Shares. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock or Common Stock held in the treasury of the Company, for the purpose of effecting the exercise of Warrants, the full number of Shares then deliverable upon the exercise of all Warrants then outstanding and payment of the exercise price, and the shares so deliverable shall be fully paid and nonassessable and free from all liens and security interests.

Appears in 6 contracts

Samples: Warrant Agreement (Transportation Technologies Industries Inc), Warrant Agreement (Transportation Technologies Industries Inc), Warrant Agreement (Transportation Technologies Industries Inc)

AutoNDA by SimpleDocs

Underlying Shares. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock or Common Stock held in the treasury of the Company, for the purpose of effecting the exercise of Warrants, the full number of Warrant Shares then deliverable upon the exercise of all Warrants then outstanding and payment of the exercise price, and the shares so deliverable shall be fully paid and nonassessable and free from all liens and security interests.

Appears in 2 contracts

Samples: Warrant Agreement (Pathnet Inc), Supplemental Warrant Agreement (Pathnet Telecommunications Inc)

Underlying Shares. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock or Common Stock held in the treasury of the Company, for the purpose of effecting the exercise of Warrants, the full number of Shares then deliverable upon the exercise of all Warrants then outstanding and payment of the exercise priceoutstanding, and the shares so deliverable shall be fully paid and nonassessable and free from all liens and security interests.

Appears in 2 contracts

Samples: Warrant Agreement (Cellnet Data Systems Inc), Warrant Agreement (Wam Net Inc)

Underlying Shares. The Company shall at all times reserve and ----------------- keep available, free from preemptive rights, out of its authorized but unissued Common Stock or Common Stock held in the treasury of the Company, for the purpose of effecting the exercise of Warrants, the full number of Shares then deliverable upon the exercise of all Warrants then outstanding and payment of the exercise priceoutstanding, and the shares so deliverable shall be fully paid and nonassessable and free from all liens and security interests.

Appears in 1 contract

Samples: Warrant Agreement (Diva Systems Corp)

Underlying Shares. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock or Common Stock held in the treasury of the Company, for the purpose of effecting the exercise of Warrants, the full number of Shares then deliverable upon the exercise of all Warrants then outstanding and payment of the exercise price, and the shares so deliverable shall be fully paid and nonassessable and free from all liens and security interestsinterests created by the Company.

Appears in 1 contract

Samples: Warrant Agreement (Transtechnology Corp)

Underlying Shares. The Company shall at all times reserve and ----------------- keep available, free from preemptive rights, out of its authorized but unissued Common Stock or Common Stock held in the treasury of the Company, for the purpose of effecting the exercise of Warrants, the full number of Shares then deliverable upon the exercise of all Warrants then outstanding and payment of the exercise price, and the shares so deliverable shall be fully paid and nonassessable and free from all liens and security interests.

Appears in 1 contract

Samples: Warrant Agreement (Equinix Inc)

AutoNDA by SimpleDocs

Underlying Shares. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock or Common Stock held in the treasury of the Company, for the purpose of effecting the exercise of Warrants, the full number of Shares then deliverable upon the exercise of all Warrants then outstanding and payment of (without giving effect to the exercise priceCashless Exercise Option), and the shares so deliverable shall be fully paid and nonassessable and free from all liens and security interests.

Appears in 1 contract

Samples: Warrant Agreement (Coinstar Inc)

Underlying Shares. The Company Holdings shall at all times reserve and keep ----------------- available, free from preemptive rights, out of its authorized but unissued Common Stock or Common Stock held in the treasury of the CompanyHoldings, for the purpose of effecting the exercise of Warrants, the full number of Shares then deliverable upon the exercise of all Warrants then outstanding and payment of the exercise price, and the shares so deliverable shall be fully paid and nonassessable and free from all liens and security interests.

Appears in 1 contract

Samples: Warrant Agreement (Bedding Experts Inc)

Underlying Shares. The Company shall at all times will reserve and keep availableavailable at all times, free from preemptive or similar rights, out of its authorized but unissued shares of Common Stock or Common Stock held in the treasury of the CompanyStock, for the purpose of effecting the exercise conversion of Warrantsthe Offered Securities into the Underlying Shares, the full number of Underlying Shares then deliverable issuable upon the exercise conversion of all Warrants then outstanding and payment of the exercise price, and the shares so deliverable shall be fully paid and nonassessable and free from all liens and security interestsOffered Securities.

Appears in 1 contract

Samples: Purchase Agreement (Rightnow Technologies Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.