Common use of Conversion Shares Clause in Contracts

Conversion Shares. The Company has authorized and will reserve and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, as of the date hereof, such number of shares of Common Stock equal to one hundred twenty percent (120%) of the number of shares of Common Stock as shall from time to time be sufficient to effect the exercise of the Warrants then outstanding. The Notes, the Warrants, and the Warrant Shares are sometimes collectively referred to as the “Securities.”

Appears in 8 contracts

Samples: Note and Warrant Purchase Agreement (Vision Capital Advisors, LLC), Note and Warrant Purchase Agreement (Vision Capital Advisors, LLC), Note and Warrant Purchase Agreement (Vision Capital Advisors, LLC)

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Conversion Shares. The Company has authorized and will reserve and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, as of the date hereof, such number of shares of Common Stock equal to one hundred twenty percent (120%) of the number of shares of Common Stock as shall from time to time be sufficient to effect the exercise of the Warrants then outstanding. The Notes, the Warrants, and the Warrant Shares are sometimes collectively referred to as the “Securities“ Securities .”

Appears in 3 contracts

Samples: Note and Warrant Purchase Agreement (Juma Technology Corp.), Note and Warrant Purchase Agreement (Juma Technology Corp.), Note and Warrant Purchase Agreement (Juma Technology Corp.)

Conversion Shares. The Company has authorized and will reserve has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, as of the date hereof, such a number of its authorized but unissued shares of Common Stock equal to one hundred twenty percent (120%) of the aggregate number of shares of Common Stock as shall from time to time be sufficient to effect the exercise conversion of the Warrants then outstandingNotes. Any shares of Common Stock issuable upon conversion of the Notes are herein referred to as the “Conversion Shares”. The Notes, the Warrants, Notes and the Warrant Conversion Shares are sometimes collectively referred to herein as the “Securities.

Appears in 1 contract

Samples: Note Purchase Agreement (Urigen Pharmaceuticals, Inc.)

Conversion Shares. The Company has authorized and will reserve has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, as of the date hereof, such a number of shares of Common Stock equal to one hundred twenty percent (120%) of the number of shares of Common Stock as shall from time to time be sufficient to effect the conversion of all of the Preferred Shares and exercise of all of the Warrants then outstanding. The Notes, Any shares of Common Stock issuable upon conversion of the Warrants, Preferred Shares and exercise of the Warrant Shares Warrants (and such shares when issued) are sometimes collectively herein referred to as the “SecuritiesConversion Shares”.

Appears in 1 contract

Samples: Series a Convertible Preferred Stock Purchase Agreement (Activecare, Inc.)

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Conversion Shares. The Company has authorized and will reserve has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, as of the date hereof, such a number of shares of Common Stock equal to one hundred twenty percent (120%) of the number of shares of Common Stock as shall from time to time be sufficient to effect the exercise conversion of all of the Warrants Series A Preferred Stock then outstanding. The Notes, Any shares of Common Stock issuable upon conversion of the Warrants, Series A Preferred Stock (and the Warrant Shares such shares when issued) are sometimes collectively herein referred to as the “SecuritiesSeries A Conversion Shares”.

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase Agreement (Gulfstream International Group Inc)

Conversion Shares. The Company has authorized and will reserve and, subject to an amendment of its Certificate of Designation, has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, as of the date hereof, such a number of shares of Common Stock equal to one hundred twenty percent (120%) of the number of shares of Common Stock as shall from time to time be sufficient to effect the exercise conversion of all of the Warrants Preferred Shares then outstanding, which reservation shall be in effect not later than one year following the Closing Date and thereafter. The Notes, the Warrants, Preferred Shares and the Warrant Conversion Shares are sometimes collectively referred to as the “SecuritiesShares.”

Appears in 1 contract

Samples: Series F Convertible Preferred Stock Issuance Agreement (BPO Management Services)

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