Reservation Requirement. The Company shall reserve and keep available at all times, free of preemptive rights shares of Common Stock for the purpose of enabling the Company to satisfy any obligation to issue shares of its Common Stock upon conversion of all of the Debentures pursuant hereto.
Appears in 2 contracts
Sources: Convertible Subordinated Debenture (Ross Systems Inc/Ca), Convertible Subordinated Debenture (Ross Systems Inc/Ca)