Authorization and Reservation of Shares. The Company shall have authorized by all necessary corporate action and reserved for issuance a sufficient number of Common Shares for the purpose of enabling the Company to satisfy any obligation to issue Common Shares pursuant to any Put;
Appears in 19 contracts
Sources: Investment Agreement (Li3 Energy, Inc.), Investment Agreement (Blue Sphere Corp.), Investment Agreement (Dynamic Ventures Corp.)
Authorization and Reservation of Shares. The Company shall at all times have authorized by all necessary corporate action and reserved for issuance a sufficient number of shares of Common Shares Stock to provide for the purpose exercise of enabling the Company to satisfy any obligation to issue Common Shares pursuant to any Put;Warrants.
Appears in 17 contracts
Sources: Securities Issuance Agreement (BTHC X Inc), Note and Warrant Purchase Agreement (Biovest International Inc), Registration Rights Agreement (Miscor Group, Ltd.)