Common use of Reservation of Tokens Clause in Contracts

Reservation of Tokens. The Company shall reserve, or cause to be reserved, for the benefit of the Holder, and not distribute, sell or encumber, or cause to be not distributed, sold or encumbered, the maximum number of Tokens issuable under this Warrant until this Warrant is fully exercised.

Appears in 1 contract

Sources: Warrant Agreement (Nukkleus Inc.)

Reservation of Tokens. The Following the initial Token Structuring Event, the Company shall reserve, or cause to be reserved, for the benefit of the each Holder, and not distribute, sell or encumber, or cause to be not distributed, sold or encumbered, the maximum number of Tokens issuable under this Warrant until this Warrant is fully exercised.

Appears in 1 contract

Sources: Warrant Agreement