Common use of Reservation of Shares of Common Stock Clause in Contracts

Reservation of Shares of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock, for the purpose of effecting the conversion or exchange of Securities, the full number of shares of Common Stock of the Company then issuable upon the conversion or exchange of all outstanding Securities of any series that has conversion or exchange rights.

Appears in 22 contracts

Samples: Indenture (Hp Inc), Kyndryl Holdings, Inc., Hewlett Packard Enterprise Co

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Reservation of Shares of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common StockStock or treasury shares, for the purpose of effecting the conversion or exchange of Securities, the full number of shares of Common Stock of the Company then issuable upon the conversion or exchange of all outstanding Securities of any series that has conversion or exchange rights.

Appears in 11 contracts

Samples: Indenture (Wendys International Inc), Indenture (International Paper Co /New/), United States Surgical Corp

Reservation of Shares of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common StockStock or treasury shares, for the purpose of effecting the conversion or exchange of SecuritiesDebentures, the full number of shares of Common Stock of the Company then issuable upon the conversion or exchange of all outstanding Securities Debentures of any series that has conversion or exchange rights.

Appears in 5 contracts

Samples: Indenture (Federal Mogul Corp), Lodgian Inc, Sun Healthcare Group Inc

Reservation of Shares of Common Stock. The Company shall covenants that it will at all times reserve and keep available, free from preemptive rights, out of the aggregate of its authorized but unissued shares of Common Stock, for the purpose of effecting conversion of the conversion or exchange of SecuritiesNote, the full number of shares of Common Stock of the Company then issuable deliverable upon the conversion or exchange of all outstanding Securities of any series that has conversion or exchange rightsthe Note.

Appears in 4 contracts

Samples: Convertible Note Purchase Agreement (Micro General Corp), Convertible Note Purchase Agreement (Micro General Corp), Convertible Note Purchase Agreement (Micro General Corp)

Reservation of Shares of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common StockStock or treasury shares, for the purpose of effecting the conversion or exchange of SecuritiesDebentures, the full number of shares of Common Stock of the Company then issuable upon the conversion or exchange of all outstanding Securities of any series that has conversion or exchange rightsDebentures.

Appears in 4 contracts

Samples: Exchange Agreement (Insignia Financial Group Inc /De/), Indenture (Insignia Financing I), Indenture (Wabash National Corp /De)

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Reservation of Shares of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock, for the purpose of effecting the conversion or exchange of Securities, the full number of shares of Common Stock of the Company then issuable upon the conversion or exchange of all outstanding Outstanding Securities of any series that has conversion or exchange rights.

Appears in 3 contracts

Samples: Indenture (Fluor Corp), Fluor Corp, Fluor Corp/De/

Reservation of Shares of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock, for the purpose of effecting the conversion or exchange of Securities, the they full number of shares of Common Stock of the Company then issuable upon the conversion or exchange of all outstanding Securities of any series that has conversion or exchange rights.

Appears in 1 contract

Samples: Indenture (Energy Conversion Devices Inc)

Reservation of Shares of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock, for the purpose of effecting the conversion or exchange of Securities, the full Stock a sufficient number of shares of Common Stock of to provide for the Company then issuable upon the full conversion or exchange of all outstanding Securities Notes and issuance of the shares of Common Stock in connection therewith (without giving effect to any series that has limitation on conversion or exchange rightsthereof).

Appears in 1 contract

Samples: Securities Purchase Agreement (Odetics Inc)

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