Common use of Shares to be Fully Paid; Reservation of Shares Clause in Contracts

Shares to be Fully Paid; Reservation of Shares. The Company covenants and agrees that all Shares which may be purchased hereunder will, upon issuance and delivery against payment therefor of the requisite purchase price, be duly and validly issued, fully paid and nonassessable. The Company further covenants and agrees that, during the period within which this Warrant may be exercised, the Company will at all times have authorized and reserved a sufficient amount of Common Stock to provide for the exercise of this Warrant.

Appears in 4 contracts

Samples: MVP REIT II, Inc., MVP REIT II, Inc., theparkingreit.com

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Shares to be Fully Paid; Reservation of Shares. The Company covenants and agrees that all Shares which may be purchased hereunder will, upon issuance and delivery against payment therefor of the requisite purchase price, be duly and validly issued, fully paid and nonassessablenon-assessable. The Company further covenants and agrees that, during the period periods within which this the Warrant may be exercised, the Company will at all times have authorized and reserved a sufficient amount number of Common Stock Shares to provide for the exercise of this the Warrant.

Appears in 2 contracts

Samples: Warrant Issuance Agreement (Altair Nanotechnologies Inc), Altair Nanotechnologies Inc

Shares to be Fully Paid; Reservation of Shares. The Company covenants and agrees that all Shares which may be purchased hereunder will, upon issuance and delivery against payment therefor of the requisite purchase price, be duly and validly issued, fully paid and nonassessable. The Company further covenants and agrees that, during the period within which this Warrant may be exercised, the Company will at all times have authorized and reserved a sufficient amount of Class A Common Stock to provide for the exercise of this Warrant.

Appears in 2 contracts

Samples: Preferred Apartment Communities Inc, Preferred Apartment Communities Inc

Shares to be Fully Paid; Reservation of Shares. The Company covenants and agrees that all Shares which may be purchased hereunder will, upon issuance and delivery against payment therefor of the requisite purchase price, be duly and validly issued, fully paid and nonassessable. The Company further covenants and agrees that, during the period periods within which this the Placement Agent's Warrant may be exercised, the Company will at all times have authorized and reserved a sufficient amount number of shares of its Common Stock to provide for the exercise of this the Placement Agent's Warrant.

Appears in 2 contracts

Samples: Subscription Agreement (Northfield Laboratories Inc /De/), Universal Display Corp \Pa\

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Shares to be Fully Paid; Reservation of Shares. The Company covenants and agrees that all Shares which may be purchased hereunder will, upon issuance and delivery against payment therefor of the requisite purchase price, be duly and validly issued, fully paid and nonassessable. The Company further covenants and agrees that, during the period periods within which this the Placement Agent’s Warrant may be exercised, the Company will at all times have authorized and reserved a sufficient amount of Common Stock to provide for the exercise of this the Placement Agent’s Warrant.

Appears in 1 contract

Samples: Towerstream Corp

Shares to be Fully Paid; Reservation of Shares. The Company covenants and agrees that all Shares which may be purchased hereunder will, upon issuance and delivery against payment therefor of the requisite purchase price, be duly and validly issued, fully paid and nonassessable. The Company further covenants and agrees that, during the period periods within which this the Placement Agent's Warrant may be exercised, the Company will at all times have authorized and reserved a sufficient amount number of Common Stock Shares to provide for the exercise of this the Placement Agent's Warrant.

Appears in 1 contract

Samples: Altair Nanotechnologies Inc

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