Common use of Additional Authorized Shares Clause in Contracts

Additional Authorized Shares. Notwithstanding anything set forth in the Charter or this Certificate of Designations to the contrary, the Board or any authorized committee of the Board, without the vote of the Holders, may increase or decrease the number of authorized shares of Series B Preferred Stock or other stock ranking junior or senior to, or on parity with, the Series B Preferred Stock as to dividends and the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Corporation.

Appears in 3 contracts

Samples: Registration Rights Agreement (First Foundation Inc.), Registration Rights Agreement (First Foundation Inc.), Registration Rights Agreement (First Foundation Inc.)

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Additional Authorized Shares. Notwithstanding anything set forth in the Charter or this Certificate of Designations to the contrary, the Board or any authorized committee of the Board, without the vote of the Holders, may increase or decrease the number of authorized shares of Series B Preferred C NVCE Stock or other stock ranking junior or senior to, or on parity with, the Series B Preferred C NVCE Stock as to dividends and the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Corporation.

Appears in 3 contracts

Samples: Registration Rights Agreement (First Foundation Inc.), Registration Rights Agreement (First Foundation Inc.), Registration Rights Agreement (First Foundation Inc.)

Additional Authorized Shares. Notwithstanding anything set forth in the Charter or this Certificate of Designations to the contrary, the Board or any authorized committee of the Board, without the vote of the Holders, may increase or decrease the number of authorized shares of Series B A Preferred Stock or other stock ranking junior or senior to, or on parity with, the Series B A Preferred Stock as to dividends and the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Corporation.

Appears in 2 contracts

Samples: Registration Rights Agreement (First Foundation Inc.), Registration Rights Agreement (First Foundation Inc.)

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Additional Authorized Shares. Notwithstanding anything set forth in the Charter Certificate of Incorporation or this Certificate of Designations Amendment to the contrary, the Board or any authorized committee of the Board, without the vote of the Holders, may increase or decrease the number of authorized shares of Series B Non-Voting Preferred Stock or other stock ranking junior or senior to, or on parity with, the Series B Non-Voting Preferred Stock as to dividends and the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Corporation.

Appears in 1 contract

Samples: Exchange Agreement (Jefferies Financial Group Inc.)

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