Common use of Authorized and Outstanding Stock Clause in Contracts

Authorized and Outstanding Stock. (a) The authorized capital stock of the Company (immediately prior to the Closing) consists of 100,000,000 shares of Common Stock and 10,000,000 shares of preferred stock, par value $0.01 per share (“Preferred Stock”), and 5,500 shares of Preferred Stock have been designated as the Series B Preferred Stock and 1,000,000 shares of Preferred Stock have been designated as Series A Junior Participating Preferred Stock.

Appears in 2 contracts

Samples: Securities Purchase Agreement (TCV Vi L P), Securities Purchase Agreement (Thestreet Com)

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Authorized and Outstanding Stock. (a) The authorized capital stock of the Company (immediately prior to the Closing) consists of 100,000,000 55,000,000 shares of Common Stock and 10,000,000 100,000 shares of preferred stockthe Company’s Preferred Stock, par value $0.01 per share (the “Preferred Stock”), and 5,500 shares of Preferred Stock have been designated as the Series B Preferred Stock and 1,000,000 shares of Preferred Stock have been designated as Series A Junior Participating Preferred Stock.

Appears in 2 contracts

Samples: Warrants Purchase Agreement (Lumos Networks Corp.), Notes Purchase Agreement (Lumos Networks Corp.)

Authorized and Outstanding Stock. (a) The authorized capital stock of the Company (immediately prior to the ClosingClosing and the transactions contemplated by Sections 1.1 and 1.2 hereof) consists will consist of 100,000,000 (i) 45,000,000 shares of Common Stock and 10,000,000 (ii) 5,000,000 shares of preferred stock, par value $0.01 per share (“Preferred Stock”), and 5,500 shares stock of Preferred Stock have been designated as the Series B Preferred Stock and 1,000,000 shares of Preferred Stock have which 500,000 has been designated as Series A Junior Participating Preferred Stock.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Lecroy Corp), Stock Purchase Agreement (Lecroy Corp)

Authorized and Outstanding Stock. (a) The authorized capital stock of the Company (immediately prior to the ClosingClosing and the transactions contemplated by Section 1.3 hereof) consists will consist of 100,000,000 40,000,000 shares of Common Stock and 10,000,000 shares of preferred stock, par value $0.01 per share (“Preferred Stock”), and 5,500 2,000,000 shares of Preferred Stock have been designated as the Series B Preferred Stock and 1,000,000 shares of Preferred Stock have been designated as Series A Junior Participating Preferred Stock.

Appears in 1 contract

Samples: Securities Purchase Agreement (Asymetrix Learning Systems Inc)

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Authorized and Outstanding Stock. (a) The authorized capital stock of the Company (immediately prior to the ClosingClosing and the transactions contemplated by Section 1.3 hereof) consists will consist of 100,000,000 (i) 50,000,000 shares of Common Stock and 10,000,000 Stock, (ii) 2,500 shares of preferred stock, par value $0.01 per share (“Series A Preferred Stock”), and 5,500 (iii) 100,000 shares of Preferred Stock have been designated as the Series B Preferred Stock, (iv) 200,000 shares of Series C Preferred Stock and 1,000,000 (v) 200,000 shares of Preferred Stock have been designated as Series A Junior Participating D Preferred Stock.

Appears in 1 contract

Samples: Stock Purchase Agreement (CVC Inc)

Authorized and Outstanding Stock. (a) The authorized capital stock of the Company (immediately prior to the Closing) consists Closing will consist of 100,000,000 51,000,000 shares of Common Stock and 10,000,000 shares of preferred capital stock, par value $0.01 per share (“Preferred Stock”), and 5,500 of which 50,000,000 shares of Preferred Stock have been designated as the Series B Preferred are Common Stock and 1,000,000 shares of Preferred Stock have been designated as Series A Junior Participating are Preferred Stock.

Appears in 1 contract

Samples: Securities Purchase Agreement (Deutsche Bank Ag\)

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