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 C NVCE Stock or other stock ranking junior or senior to, or on parity with, the Series 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 4 contracts

Samples: Investment Agreement (Strategic Value Bank Partners LLC), Investment Agreement (First Foundation Inc.), Investment 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 C NVCE B Preferred Stock or other stock ranking junior or senior to, or on parity with, the Series C NVCE 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 4 contracts

Samples: Investment Agreement (Strategic Value Bank Partners LLC), Investment Agreement (First Foundation Inc.), Investment 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 C NVCE A Preferred Stock or other stock ranking junior or senior to, or on parity with, the Series C NVCE 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: Investment Agreement (First Foundation Inc.), Investment 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 C NVCE Stock or other stock ranking junior or senior to, or on parity with, the Series 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.. Section XIV

Appears in 1 contract

Samples: Investment Agreement (Strategic Value Bank Partners LLC)

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 C NVCE Non-Voting Preferred Stock or other stock ranking junior or senior to, or on parity with, the Series C NVCE 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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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 C A NVCE Stock or other stock ranking junior or senior to, or on parity with, the Series C A 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 1 contract

Samples: Merger Agreement (Paltalk, 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 C NVCE B Preferred Stock or other stock ranking junior or senior to, or on parity with, the Series C NVCE 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.. Section XIV

Appears in 1 contract

Samples: Investment Agreement (Strategic Value Bank Partners LLC)

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