Common use of Authorization of the Shares Clause in Contracts

Authorization of the Shares. (a) The Company has authorized, or before the Closing (as defined in Section 2.1 below) will have authorized, a new series of preferred stock, designated as “Series C Convertible Preferred Stock”, which shall have the rights, preferences and privileges provided for in the Designation. (b) In addition, prior to the Closing, the Company shall have authorized the issuance to the Purchaser(s) of up to Four Thousand and Five Hundred (4,500) shares (the “Shares”) of the Series C Preferred Stock, which shall have the rights, preferences and privileges provided for in the Designation.

Authorization of the Shares. (a) The Company has authorized, or before the Closing (as defined in Section 2.1 below) will have authorized, a new series of preferred stock, designated as “Series C A Convertible Preferred Stock”, which shall have the rights, preferences and privileges provided for in the Designation. (b) In addition, prior to the Closing, the Company shall have authorized the issuance and sale to the Purchaser(s) of up to Four Thousand and Five Hundred Fifty (4,50050) shares (the “Shares”) of the Series C A Preferred StockStock at a price of $10,000.00 per share, which shall have the rights, preferences and privileges provided for in the Designation.

Authorization of the Shares. (a) The Company has authorized, or before the Closing (as defined in Section 2.1 below) will have authorized, a new series of preferred stock, designated as “Series C B Convertible Preferred Stock”, which shall have the rights, preferences and privileges provided for in the Designation. (b) In addition, prior to the Closing, the Company shall have authorized the issuance and sale to the Purchaser(s) of up to Four Twenty Thousand and Five Hundred (4,50020,000) shares (the “Shares”) of the Series C B Preferred StockStock at a price of $100.00 per share, which shall have the rights, preferences and privileges provided for in the Designation.

Authorization of the Shares. (a) The Company has authorized, or before the Closing (as defined in Section 2.1 below) will have authorized, a new series of preferred stock, designated as “Series C Convertible Preferred Stock”, which shall have the rights, preferences and privileges provided for in the Designation. (b) In addition, prior to the Closing, the Company shall have authorized the issuance to the Purchaser(s) of up to Four Five Thousand and Five Hundred Forty (4,5005,040) shares (the “Shares”) of the Series C Preferred Stock, which shall have the rights, preferences and privileges provided for in the Designation.

Authorization of the Shares. (a) The Company has authorized, or before the Closing (as defined in Section 2.1 below) will have authorized, a new series of preferred stock, designated as “"Series C Convertible Preferred Stock”", which shall have the rights, preferences and privileges provided for in the Designation. (b) In addition, prior to the Closing, the Company shall have authorized the issuance and sale to the Purchaser(s) Purchaser of up to Four Thousand and Five Hundred ninety-five (4,50095) shares (the “"Shares”") of the Series C Preferred Stock, which shall have the rights, preferences and privileges provided for in the Designation.

Authorization of the Shares. (a) The Company has authorized, or before the Closing (as defined in Section 2.1 below) will have authorized, a new series of preferred stock, designated as “"Series C Convertible Preferred Stock”", which shall have the rights, preferences and privileges provided for in the Designation. (b) In addition, prior to the Closing, the Company shall have authorized the issuance and sale to the Purchaser(s) Purchaser of up to Four Thousand and Five Hundred five (4,5005) shares (the “"Shares”") of the Series C Preferred Stock, which shall have the rights, preferences and privileges provided for in the Designation.