Common use of Reservation and Availability of Capital Stock Clause in Contracts

Reservation and Availability of Capital Stock. (a) The Corporation will cause to be reserved and kept available out of its authorized and unissued shares of Preferred Stock (and, following the occurrence of a Triggering Event, out of its authorized and unissued shares of Common Stock and/or other securities), the number of shares of Preferred Stock (and, following the occurrence of a Triggering Event, Common Stock and/or other securities) that, as provided in this Agreement including Section 11(a)(iii) hereof, will be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 3 contracts

Samples: Rights Agreement (Investors Title Co), Rights Agreement (Cone Mills Corp), Rights Agreement (Investors Title Co)

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Reservation and Availability of Capital Stock. (a) The Corporation Company will cause to be reserved and kept available out of its authorized and unissued shares of Preferred Stock (and, following the occurrence of a Triggering Event, out of its authorized and unissued shares of Common Stock and/or other securities), the number of shares of Preferred Stock (and, following the occurrence of a Triggering Event, Common Stock and/or other securities) that, as provided in this Agreement including Section 11(a)(iii) hereof, will be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 3 contracts

Samples: Rights Agreement (Farmer Brothers Co), Rights Agreement (Farmer Brothers Co), Rights Agreement (Capstone Turbine Corp)

Reservation and Availability of Capital Stock. (a) The Corporation will Company covenants and agrees that it shall cause to be reserved and kept available out of its authorized and unissued shares of Preferred Stock Shares (and, following the occurrence of a Triggering Eventif necessary, out of its authorized and unissued Common Shares or other securities or out of its authorized and issued shares of Common Stock and/or other securitiesheld in its treasury), the number of shares of Preferred Stock Shares (and, following the occurrence of a Triggering Eventif necessary, Common Stock and/or Shares of the Company or other securities) that, as provided in this Agreement (including without limitation Section 11(a)(iii) hereof), will be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 2 contracts

Samples: Rights Agreement (Reynolds & Reynolds Co), Rights Agreement (Reynolds & Reynolds Co)

Reservation and Availability of Capital Stock. (a) The Corporation covenants and agrees that it will cause to be reserved and kept available out of its authorized and unissued shares of Preferred Stock (and, following the occurrence of a Triggering Event, out of its authorized and unissued shares of Common Stock and/or other securities), the number of shares of Preferred Stock (and, following the occurrence of a Triggering Event, Common Stock and/or other securities) that, as provided in this Agreement Agreement, including Section 11(a)(iii) hereof, will be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 2 contracts

Samples: Rights Agreement (Culp Inc), Rights Agreement (Culp Inc)

Reservation and Availability of Capital Stock. (a) The Corporation Company covenants and agrees that it will cause to be reserved and kept available out of its authorized and unissued shares of Preferred Common Stock (and, following the occurrence of a Triggering Event, out of its authorized and unissued other securities) or any authorized and issued shares of Common Stock and/or other securities)held in its treasury, the number of shares of Preferred Common Stock (and, following the occurrence of a Triggering Event, Common Stock and/or other securities) that, as provided in this Agreement Agreement, including Section 11(a)(iii) hereof), will be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 2 contracts

Samples: Rights Agreement (American Shared Hospital Services), Rights Agreement (Unicom Corp)

Reservation and Availability of Capital Stock. (a) The Corporation Company covenants and agrees that it will cause to be reserved and kept available out of its authorized and unissued shares of Preferred Common Stock (and, following the occurrence of a Triggering Event, other securities) or out of its authorized and unissued issued shares of Common Stock and/or other securities)held in its treasury, the number of shares of Preferred Common Stock (and, following the occurrence of a Triggering Event, Common Stock and/or other securities) that, as provided in this Agreement Agreement, including Section 11(a)(iii) hereof, will be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 2 contracts

Samples: Rights Agreement (Vist Financial Corp), Rights Agreement (First Leesport Bancorp Inc)

Reservation and Availability of Capital Stock. (a) The Corporation Company covenants and agrees that it will cause to be reserved and kept available out of its authorized and unissued shares of Preferred Rights Stock (and, following the occurrence of a Triggering Event, out of its other securities or out of its authorized and unissued issued shares of Common Stock and/or other securitiesheld in its treasury), the number of shares of Preferred Rights Stock (and, following the occurrence of a Triggering Event, Common Stock and/or other securities) that, as provided in this Agreement Agreement, including Section 11(a)(iii) hereof, will be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 2 contracts

Samples: Tax Benefits Preservation Plan, Tax Benefits Preservation Plan (Triumph Group Inc)

Reservation and Availability of Capital Stock. (a) The Corporation Company covenants and agrees that it will cause to be reserved and kept available out of its authorized and unissued shares of Preferred Common Stock (and, following the occurrence of a Triggering Event, out of its other securities or out of its authorized and unissued issued shares of Common Stock and/or other securitiesheld in its treasury), the number of shares of Preferred Common Stock (and, following the occurrence of a Triggering Event, Common Stock and/or other securities) that, as provided in this Agreement including Section 11(a)(iii11(b) hereof, will be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 2 contracts

Samples: Rights Agreement Rights Agreement (Southern Electronics Corp), Rights Agreement Rights Agreement (Southern Electronics Corp)

Reservation and Availability of Capital Stock. (a) The Corporation will Company shall use reasonable efforts to cause to be reserved and kept available out of its authorized and unissued shares of Preferred Common Stock (and, following the occurrence of a Triggering Event, other securities) or out of its authorized and unissued shares of issued Common Stock and/or other securities)held in its treasury, the number of shares of Preferred Common Stock (and, following the occurrence of a Triggering Event, Common Stock and/or other securities) that, as provided in this Agreement including Section 11(a)(iii) hereof, will be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 1 contract

Samples: Shareholder Rights Agreement (Immucor Inc)

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Reservation and Availability of Capital Stock. (a) The Corporation covenants and agrees that it will cause to be reserved and kept available out of its authorized and unissued shares of Preferred Preference Stock (and, following the occurrence of a Triggering Event, out of its authorized and unissued shares of Common Stock and/or other securities), the number of shares of Preferred Preference Stock (and, following the occurrence of a Triggering Event, Common Stock and/or other securities) that, as provided in this Agreement including Section 11(a)(iii) hereof, will be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 1 contract

Samples: Rights Agreement (Duke Energy Corp)

Reservation and Availability of Capital Stock. (a) The Corporation will Company shall cause to be reserved and kept available out of its authorized and unissued shares of Preferred Stock (and, and following the occurrence of a Triggering Event, out of its authorized and unissued shares of Common Stock and/or other securities), the number of shares of Preferred Stock (and, following the occurrence of a Triggering Event, shares of Common Stock and/or other securities) that, as provided in this Agreement Agreement, including Section 11(a)(iii) hereof, will shall be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 1 contract

Samples: Rights Agreement (Planar Systems Inc)

Reservation and Availability of Capital Stock. (a) The Corporation Company covenants and agrees that it will cause to be reserved and kept available out of its authorized and unissued shares of Preferred Stock (and, following the occurrence of a Triggering Event, out of its authorized and unissued shares of Common Stock and/or other securitiessecurities or out of its authorized and issued shares held in its treasury), the number of shares of Preferred Stock (and, following the occurrence occur- rence of a Triggering Event, Common Stock and/or other securities) that, as provided in this Agreement including Section 11(a)(iii) hereof, that will be sufficient to permit the exercise in full of all outstanding Rights.,

Appears in 1 contract

Samples: Rights Agreement (Browning Ferris Industries Inc)

Reservation and Availability of Capital Stock. (a) The Corporation will Company shall cause to be reserved and kept available out of its authorized and unissued shares of Preferred Stock Shares (and, following the occurrence of a Triggering Event, out of its authorized and unissued shares of Common Stock Shares and/or other securitiessecurities or out of its authorized and issued shares held in its treasury), the number of shares of Preferred Stock Shares (and, following the occurrence of a Triggering Event, Common Stock Shares and/or other securities) that, as provided in this Agreement Agreement, including Section 11(a)(iii) hereof, will shall be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 1 contract

Samples: Rights Agreement (Ciber Inc)

Reservation and Availability of Capital Stock. (a) The Corporation will Upon a Triggering Event, the Company shall cause to be reserved and kept available out of its authorized and unissued shares of Preferred Common Stock (and, following the occurrence of a Triggering Event, or out of its authorized and unissued issued shares of Common Stock and/or other securities)held in its treasury, the number of shares of Preferred Stock (and, following the occurrence of a Triggering Event, Common Stock and/or other securities) that, as provided in this Agreement Agreement, including Section 11(a)(iii) hereof, will shall be sufficient to permit the exercise in full of all outstanding Rights.

Appears in 1 contract

Samples: Rights Agreement (Metalline Mining Co)

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