No Impairment Clause Example with 9 Variations from Business Contracts

This page contains No Impairment clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
No Impairment. The Company will not, by amendment of its Certificate of Incorporation or bylaws, or through reorganization, consolidation, merger, dissolution, issue or sale of securities, sale of assets or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Warrant, but will at all times in good faith assist in the carrying out of all such terms and in the taking of all such action as may be necessary or appropriate in order to protect the rights of the... Registered Holder of this Warrant against impairment. Without limiting the generality of the foregoing, the Company (a) will not increase the par value of any shares of stock issuable upon the exercise of this Warrant above the amount payable therefor upon such exercise, and (b) will take all such action as may be necessary or appropriate in order that the Company may validly and legally issue fully paid and nonassessable shares of Common Stock upon exercise of this Warrant. View More

Variations of a "No Impairment" Clause from Business Contracts

No Impairment. The Company will not, shall not by amendment of any action including, without limitation, amending its Certificate of Incorporation or bylaws, or through Incorporation, any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities, sale of assets securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Warrant, but will shall at all times in good faith assist in the carrying out of all suc...h terms and in the taking of all such action action, as may be necessary or appropriate in order to protect the rights of the Registered Holder of this Warrant against impairment. Without limiting the generality of the foregoing, the Company (a) will not increase the par value of any shares of stock issuable upon the exercise of this Warrant above the amount payable therefor upon such exercise, and (b) will shall take all such action as may be necessary or appropriate appropriate, including by taking the actions set forth in Section 6.12 of the Purchase Agreement, in order that the Company may may, from and after the Authorized Shares Increase Date, validly and legally issue fully paid and nonassessable shares of Common Stock upon the exercise of this Warrant. Warrant at the then Exercise Price therefor. View More
No Impairment. The Company will not, shall not by amendment of any action including, without limitation, amending its Certificate of Incorporation or bylaws, or through Incorporation, any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities, sale of assets securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Warrant, but will shall at all times in good faith assist in the carrying out of all suc...h terms and in the taking of all such action action, as may be necessary or appropriate in order to protect the rights of the Registered Holder of this Warrant against impairment. Without limiting the generality of the foregoing, the Company (a) will not increase the par value of any shares of stock issuable upon the exercise of this Warrant above the amount payable therefor upon such exercise, and (b) will shall take all such action as may be necessary or appropriate appropriate, including by taking the actions set forth in Section 6.12 of the Purchase Agreement, in order that the Company may may, from and after the Shareholder Approval date, validly and legally issue fully paid and nonassessable shares of Common Stock upon the exercise of this Warrant. Warrant at the then Exercise Price therefor. View More
No Impairment. The Company will not, by amendment of shall not take any action, including amending its Certificate of Incorporation or bylaws, or through Incorporation, any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities, sale of assets securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of to be observed or performed under this Warrant, but will and shall at all times in good faith assist in the ...carrying out all the provisions of all such terms this Warrant and in the taking of all such action as may be necessary or appropriate in order to protect the Holder's rights of the Registered Holder of under this Warrant against impairment. Warrant. Without limiting the generality of the foregoing, the Company (a) will not increase the par value of any shares of stock issuable upon the exercise of this Warrant above the amount payable therefor upon such exercise, and (b) will shall take all such action actions as may be necessary or appropriate in order that the Company may validly and legally issue fully paid and nonassessable non-assessable shares of the Common Stock upon exercise of this Warrant. View More
No Impairment. The Company will not, shall not by amendment of any action including, without limitation, amending its Certificate of Incorporation or bylaws, or through Incorporation, any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities, sale of assets securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Warrant, but will shall at all times in good faith assist in the -6- carrying out of all... such terms and in the taking of all such action action, as may be necessary or appropriate in order to protect the rights of the Registered Holder of this Warrant against impairment. Without limiting the generality of the foregoing, the Company (a) will not increase the par value of any shares of stock issuable upon the exercise of this Warrant above the amount payable therefor upon such exercise, and (b) will shall take all such action as may be necessary or appropriate in order that the Company may validly and legally issue fully paid and nonassessable shares of Common Stock upon the exercise of this Warrant. Warrant at the then Exercise Price therefor. View More
No Impairment. The Company will not, shall not by amendment of any action including, without limitation, amending its Certificate of Incorporation or bylaws, or through Incorporation, any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities, sale of assets securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Warrant, but will shall at all times in good faith assist in the carrying out of all suc...h terms and in the taking of all such action action, as may be necessary or appropriate in order to protect the rights of the Registered Holder of this Warrant against impairment. Without limiting the generality of the foregoing, the Company (a) will not increase the par value of any shares of stock issuable upon the exercise of this Warrant above the amount payable therefor upon such exercise, and (b) will shall take all such action as may be necessary or appropriate in order that the Company may validly and legally issue fully paid and nonassessable shares of Common Stock upon the exercise of this Warrant. Warrant at the then Exercise Price therefor. View More
No Impairment. The Company will not, by amendment of its Certificate of Incorporation or bylaws, or through any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities, sale of assets securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Warrant, but will at all times in good faith assist in the carrying out of all such terms and in the taking of all such action as may be necessary or appropriate in... order to protect the rights of the Registered Holder of this Warrant against impairment. Without limiting the generality of the foregoing, the Company (a) (i) will not increase the par value of any shares of stock issuable upon Common Stock receivable on the exercise of this Warrant above the amount payable therefor upon on such exercise, exercise and (b) (ii) will take all such action as may be necessary or appropriate in order that the Company may validly and legally issue fully paid and nonassessable non-assessable shares of Common Stock upon stock on the exercise of this Warrant. Warrant from time to time outstanding. View More
No Impairment. The Company will not, by amendment of its Certificate of Incorporation or bylaws, the Organizational Documents or through any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities, sale of assets securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Warrant, but will at all times in good faith assist in the carrying out of all such terms and in the taking of all such action as may b...e necessary or appropriate in order to protect the rights of the Registered Holder of this Warrant against impairment. Without limiting the generality of the foregoing, the Company (a) will not increase the par value of any shares of stock issuable upon Common Stock receivable on the exercise of this Warrant above the amount payable therefor upon on such exercise, exercise and (b) will take all such action as may be necessary or appropriate in order that the Company may validly and legally issue fully paid and nonassessable non-assessable shares of Common Stock upon stock on the exercise of this Warrant. Warrant from time to time outstanding. View More
No Impairment. The Company will not, by amendment of its Certificate the Articles of Incorporation or bylaws, or through any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities, sale of assets securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Warrant, but will at all times in good faith assist in the carrying out of all such terms and in the taking of all such action as may be necessary or a...ppropriate in order to protect the rights of the Registered Holder of this Warrant against impairment. Without limiting the generality of the foregoing, the Company (a) will not increase the par value of any shares of stock issuable upon Common Stock receivable on the exercise of this Warrant above the amount payable therefor upon on such exercise, exercise and (b) will take all such action as may be necessary or appropriate in order that the Company may validly and legally issue fully paid and nonassessable non-assessable shares of Common Stock upon stock on the exercise of this Warrant. Warrant from time to time outstanding. View More
No Impairment. The Company will not, by amendment of its the Certificate of Incorporation or bylaws, or through any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities, sale of assets securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Warrant, but will at all times in good faith assist in the carrying out of all such terms and in the taking of all such action as may be necessary or appropriat...e in order to protect the rights of the Registered Holder of this Warrant against impairment. Without limiting the generality of the foregoing, the Company (a) will not increase the par value of any shares of stock issuable upon Common Stock receivable on the exercise of this Warrant above the amount payable therefor upon on such exercise, exercise and (b) will take all such action as may be necessary or appropriate in order that the Company may validly and legally issue fully paid and nonassessable non-assessable shares of Common Stock upon stock on the exercise of this Warrant. Warrant from time to time outstanding. View More