Issue of Common Shares. Upon receipt of a Rights Certificate, together with a completed Election to Exercise executed in accordance with Subsection 2.2(d)(ii) which does not indicate that such Right is null and void as provided by Subsection 3.1(b), and payment as set forth in Section 2.2(d)(iii), the Rights Agent (unless otherwise instructed by the Corporation in the event that the Corporation is of the opinion that the Rights cannot be exercised in accordance with this Agreement) will thereupon promptly:
Issue of Common Shares. The Company will have on each Subscription Day and corresponding Drawdown Date, an adequate reserve of authorized but unissued Common Shares to enable it to allot and issue the number of Common Shares equal to the Subscription Number set forth in the relevant Equity Drawdown Notice or number of Common Shares subscribed for pursuant to an Acceptance Notice, as applicable, and for the Warrant Shares issuable pursuant to any outstanding or issuable Warrants. When issued pursuant to this Agreement, the Securities shall be free of any Liens, duly authorised, validly issued, fully paid and non-assessable, and application shall be made forthwith for such Common Shares and if applicable, Warrant Shares, to be Listed
Issue of Common Shares. The Company understands and acknowledges that the number of Common Shares issuable to the Investor hereunder will increase in certain circumstances. The Company further acknowledges its obligation to issue the Common Shares in accordance with the terms herein is absolute and unconditional regardless of the dilutive effect that such issuance may have on the ownership interests of other stockholders of the Company.
Issue of Common Shares. The Company will have on each Subscription Day and corresponding Closing Date, an adequate reserve of authorised but unissued Common Shares to enable it to allot and issue the number of Common Shares equal to the Subscription Amount set forth in the relevant Placement Notice and if applicable, the number of the Underlying Common Shares issuable pursuant to the exercise of Warrants issued in connection with the relevant Placement Notice. When issued pursuant to this Agreement, the Securities shall be free of any Liens, duly authorised, validly issued, fully paid and non- assessable, and application shall be made forthwith for such Common Shares and if applicable, Underlying Common Shares, to be Listed.
Issue of Common Shares. The Company will cause the Common Shares issued pursuant to the exchange of the Subscription Receipts to be validly issued and delivered in accordance with the provisions of this Indenture and the terms hereof as fully paid and non-assessable Common Shares.
Issue of Common Shares. Subject to Section 0, the Company shall issue Common Shares upon the exercise of Warrants in accordance with the provisions of this Indenture.
Issue of Common Shares. Common Shares shall only be issued on the basis of one Common Share per Person to Persons who:
Issue of Common Shares. The Parent will authorize the issuance of an aggregate of seven hundred fifty thousand (750,000) shares (the "COMMON SHARES") of its Common Stock. The rights and obligations of holders of Common Stock shall be governed by the Charter, which is in the form of Exhibit 1.1(b), and by applicable law.
Issue of Common Shares. Upon the exercise of the rights conferred upon Warrantholders to exercise their Special Warrants for Common Shares and provided that the provisions of Sections 4.01, 4.02 and 4.04 are complied with, the Company shall issue that number of Common Shares from its unissued share capital as are issuable pursuant to such exercise of Special Warrants. At all times prior to such exercise, the Company shall have reserved and allotted for issuance that number of Common Shares issuable upon exercise of the Special Warrants.
Issue of Common Shares. At the Closing the Purchaser will allot and issue to the Vendor that number of Common Shares equal to the Class B Shares sold by the Vendor to the Purchaser and execute and deliver, or cause to be executed and delivered, to the Vendor certificates representing such Common Shares.
