Common use of Reserve Shares Clause in Contracts

Reserve Shares. The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of shareholders, a number of shares of Common Stock equal to the number of shares of Common Stock issuable upon the exercise of the Warrants (the “Warrant Shares”).

Appears in 3 contracts

Samples: Securities Purchase Agreement (Alliqua, Inc.), Securities Purchase Agreement (Celgene Corp /De/), Securities Purchase Agreement (Alliqua, Inc.)

AutoNDA by SimpleDocs

Reserve Shares. The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of shareholdersstockholders, a number of shares of Common Stock equal to the number of shares of Common Stock issuable upon the exercise of the Warrants (the “Warrant Shares”).

Appears in 2 contracts

Samples: Stock Purchase Agreement (Alliqua, Inc.), Stock Purchase Agreement (Celgene Corp /De/)

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