Reservation of Shares Clause Example with 25 Variations from Business Contracts
This page contains Reservation of Shares 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.
Reservation of Shares. At all times during which this Note is convertible, the Issuer will reserve from its authorized and unissued Common Stock to provide for the issuance of Common Stock upon the full conversion of this Note. The Issuer will at all times reserve at least 1,000,000 shares of Common Stock for conversion.
Variations of a "Reservation of Shares" Clause from Business Contracts
Reservation of Shares. At all times during which this Note is convertible, the Issuer will Borrower shall reserve from its authorized and unissued Common Stock a sufficient number of shares, free from preemptive rights, to provide for the issuance of Common Stock upon the full conversion of this Note. The Issuer will at all times reserve at least 1,000,000 shares of Common Stock for conversion.
Reservation of Shares. At all times during which this Note is convertible, the Issuer Borrower will reserve from its authorized and unissued Common Stock to provide for the issuance of Common Stock upon the full conversion of this Note. The Issuer Borrower will at all times reserve at least 1,000,000 35,000,000 shares of Common Stock for conversion.
Found in
PLAYERS NETWORK contract
Reservation of Shares. At all times during which this Note is convertible, the Issuer Borrower will reserve from its authorized and unissued Common Stock to provide for the issuance of Common Stock upon the full conversion of this Note. The Issuer Borrower will at all times reserve at least 1,000,000 40,000,000 shares of Common Stock for conversion.
Found in
XSUNX INC contract
Reservation of Shares. At all times during which this Note is convertible, the Issuer Borrower will reserve from its authorized and unissued Common Stock to provide for the issuance of Common Stock upon the full conversion of this Note. The Issuer will at all times reserve at least 1,000,000 shares of Common Stock for conversion.
Found in
PLAYERS NETWORK contract
Reservation of Shares. At all times during which this Note is convertible, the Issuer Borrower will reserve from its authorized and unissued Common Stock to provide for the issuance of Common Stock upon the full conversion of this Note. The Issuer Borrower will at all times reserve at least 1,000,000 17,000,000 shares of Common Stock for conversion.
Found in
Pulse Network, Inc. contract
Reservation of Shares. At all times during which this Note is convertible, the Issuer Borrower will reserve from its authorized and unissued Common Stock to provide for the issuance of Common Stock upon the full conversion of this Note. The Issuer Borrower will at all times reserve at least 1,000,000 135,000,000 shares of Common Stock for conversion.
Found in
Solaris Power Cells, Inc. contract
Reservation of Shares. At all times during which this Note is convertible, the Issuer Borrower will reserve from its authorized and unissued Common Stock to provide for the issuance of Common Stock upon the full conversion of this Note. The Issuer Borrower will at all times reserve at least 1,000,000 60,000,000 shares of Common Stock for conversion.
Found in
M LINE HOLDINGS INC contract
Reservation of Shares. At all times during which this Note is convertible, the Issuer Borrower will reserve from its authorized and unissued Common Stock to provide for the issuance of Common Stock upon the full conversion of this Note. The Issuer Borrower will at all times reserve at least 1,000,000 250,000,000 shares of Common Stock for conversion.
Found in
Silver Falcon Mining, Inc. contract
Reservation of Shares. At all times during which this Note is convertible, the Issuer Borrower will reserve from its authorized and unissued Common Stock to provide for the issuance of Common Stock upon the full conversion of this Note. The Issuer Borrower will at all times reserve at least 1,000,000 20,000,000 shares of Common Stock for conversion.
Found in
Advaxis, Inc. contract
Reservation of Shares. At all times during which this Note is convertible, the Issuer Borrower will reserve from its authorized and unissued Common Stock to provide for the issuance of Common Stock upon the full conversion of this Note. The Issuer Borrower will at all times reserve at least 1,000,000 5,000,000 shares of Common Stock for conversion.
Found in
Aja Cannafacturing, Inc. contract
