Covenant as to Common Stock. The Company covenants that all shares of Common Stock that may be issued upon conversion of Securities shall upon issue be newly issued (and not treasury shares) and shall be duly authorized, validly issued, fully paid and nonassessable and, except as provided in Section 12.08, the Company shall pay all taxes, liens and charges with ----- respect to the issue thereof.
Appears in 1 contract
Sources: Indenture (Transwitch Corp /De)
Covenant as to Common Stock. The Company covenants that all shares of Common Stock that may be issued upon conversion of Securities shall upon issue be newly issued (and not treasury shares) and shall be duly authorized, validly issued, fully paid and nonassessable and, except as provided in Section 12.08, the Company shall pay all taxes, liens and charges with ----- respect to the issue thereof.
Appears in 1 contract
Sources: Indenture (Earthweb Inc)
Covenant as to Common Stock. The Company covenants that all shares of Common Stock that may be issued upon conversion of Securities this Security shall upon issue be newly issued (and not treasury shares) and shall be duly authorized, validly issued, fully paid and nonassessable and, except as provided in Section 12.088.08, the Company shall pay all taxes, liens and charges with ----- respect ---- to the issue thereof.
Appears in 1 contract
Covenant as to Common Stock. The Company covenants that all shares of Common Stock that may be issued upon conversion of Securities shall upon issue be newly issued (and not treasury shares) and shall be duly authorized, validly issued, fully paid and nonassessable and, except as provided in Section 12.08, the Company shall pay all taxes, liens and charges with ----- respect to the issue thereof.
Appears in 1 contract
Sources: Indenture (Interliant Inc)
Covenant as to Common Stock. The Company covenants that all shares of Common Stock that which may be issued upon conversion of Securities shall upon issue be newly issued (and not treasury shares) and shall be duly authorized, validly issued, fully paid and nonassessable and, except as provided in Section 12.0813.13, the Company shall pay all taxes, liens and charges with ----- respect to the issue thereof.
Appears in 1 contract
Sources: Indenture (Commscope Inc)
Covenant as to Common Stock. The Company covenants that --------------------------- all shares of Common Stock that may be issued upon conversion of Securities this Security shall upon issue be newly issued (and not treasury shares) and shall be duly authorized, validly issued, fully paid and nonassessable and, except as provided in Section 12.088.09, the Company shall pay all taxes, liens and charges with ----- respect ---- to the issue thereof.
Appears in 1 contract