Reservation and Availability of Shares of Preferred Stock. The Company covenants and agrees that it will cause to be reserved and kept available out of its authorized and unissued Preferred Stock or its authorized and issued Preferred Stock held in its treasury, the number of shares of the Preferred Stock that will be sufficient to permit the exercise in full of all outstanding Rights in accordance with Section 7 hereof.
Appears in 2 contracts
Sources: Rights Agreement (Software Spectrum Inc), Rights Agreement (Software Spectrum Inc)
Reservation and Availability of Shares of Preferred Stock. (a) The Company Corporation covenants and agrees that it will cause to be reserved and kept available out of its the authorized and unissued Preferred Stock shares of preferred stock, $0.10 par value per share, of the Corporation or its out of authorized and issued shares of Preferred Stock held in its treasury, the such number of shares of the Preferred Stock that will be sufficient to permit the exercise in full of all outstanding Rights in accordance with Section 7 hereof.of
Appears in 2 contracts
Sources: Rights Agreement (Delphi Automotive Systems Corp), Rights Agreement (Delphi Automotive Systems Corp)
Reservation and Availability of Shares of Preferred Stock. The Company covenants and agrees that it will cause to be reserved and kept available out of its authorized and unissued Preferred Stock Stock, or its authorized and issued Preferred Stock held in its treasury, the number of shares of the Preferred Stock that will be sufficient to permit the exercise in full of all outstanding Rights in accordance with Section 7 hereofthis Agreement.
Appears in 1 contract
Sources: Rights Agreement (Lenox Group Inc)