Cancellation of Series A Preferred Stock. If any shares of Series A Preferred Stock are converted pursuant to Article IV or redeemed or repurchased by the Corporation, the shares so converted or redeemed shall be canceled, shall return to the status of authorized, but unissued Preferred Stock of no designated series, and shall not be issuable by the Corporation as Series A Preferred Stock.
Appears in 3 contracts
Samples: Merger Agreement (Ivoice, Inc /Nj), Agreement and Plan of Merger (Ivoice, Inc /Nj), Securities Purchase Agreement (Heartland Oil & Gas Corp)
Cancellation of Series A Preferred Stock. If any shares of Series A Preferred Stock are converted pursuant to Article IV or redeemed or repurchased by the Corporationthis Certificate of Designations, the shares so converted or redeemed shall be canceled, shall return to the status of authorized, but unissued Preferred Stock of no designated series, and shall not be issuable by the Corporation as Series A Preferred Stock.
Appears in 3 contracts
Samples: Purchase Agreement (Harvest Health & Recreation Inc.), Purchase Agreement (Hightimes Holding Corp.), Purchase Agreement (Hightimes Holding Corp.)
Cancellation of Series A Preferred Stock. If any shares of Series A Preferred Stock are converted pursuant to Article IV or redeemed or repurchased by the Corporation, the shares so converted or redeemed shall be canceled, shall return to the status of authorized, but unissued Preferred Stock of no designated series, and shall not be issuable by the Corporation as Series A Preferred Stock.
Appears in 3 contracts
Samples: Transfer and Contribution Agreement, Transfer and Contribution Agreement (Resource Capital Corp.), Transfer and Contribution Agreement (Resource America, Inc.)
Cancellation of Series A Preferred Stock. If any Any shares of Series A Preferred Stock are that have been duly converted pursuant to Article IV in accordance with this Certificate of Designations, or redeemed or repurchased reacquired by the Corporation, the shares so converted or redeemed shall be canceled, shall return cancelled promptly thereafter and revert to the status of authorized, authorized but unissued shares of Preferred Stock undesignated as to series. Such shares may be designated or redesignated and issued or reissued, as the case may be, as part of no designated series, and shall not any series of Preferred Stock. The Corporation may from time to time take such appropriate action as may be issuable by necessary to reduce the Corporation as authorized number of shares of Series A Preferred StockStock solely in accordance with the foregoing.
Appears in 2 contracts
Samples: Investment Agreement (First Foundation Inc.), Investment Agreement (First Foundation Inc.)
Cancellation of Series A Preferred Stock. If any shares of Series A Preferred Stock are converted pursuant to Article IV or redeemed or repurchased by the Corporationthis Series A Certificate of Designations, the shares so converted or redeemed shall be canceled, shall return to the status of authorized, but unissued Series A Preferred Stock of no designated series, and shall not be issuable by the Corporation as Series A Preferred Stock.
Appears in 1 contract
Samples: Certificate of Designation (Sino-Global Shipping America, Ltd.)
Cancellation of Series A Preferred Stock. If any shares No share of Series A Preferred Stock are converted pursuant to Article IV or redeemed or repurchased acquired by the CorporationCorporation upon conversion, the redemption or purchase shall be reissued and all such shares so converted or redeemed shall be canceled, shall return retired and returned to the status of authorized, but authorized and unissued Preferred Stock shares of no designated series, and shall not be issuable by undesignated preferred stock. The Corporation may take such appropriate corporate action to reduce the Corporation as authorized number of Series A Preferred StockStock accordingly.
Appears in 1 contract
Samples: Merger Agreement (Zydeco Energy Inc)
Cancellation of Series A Preferred Stock. If any shares of Series A Preferred Stock are converted pursuant to Article IV or redeemed or repurchased by the Corporationthis Certificate of Designations, the shares so converted or redeemed shall be canceled, shall return to the status of authorized, but unissued Series A Preferred Stock of no designated series, and shall not be issuable by the Corporation as Series A Preferred Stock.
Appears in 1 contract
Cancellation of Series A Preferred Stock. If any shares of Series A ---------------------------------------- Preferred Stock are converted pursuant to Article IV or redeemed or repurchased by the CorporationIV, the shares so converted or redeemed shall be canceled, shall return to the status of authorized, authorized but unissued Preferred Stock preferred stock of no designated series, and shall not be issuable by the Corporation Company as Series A Preferred Stock.
Appears in 1 contract
Cancellation of Series A Preferred Stock. If any shares of Series A Preferred Stock are converted pursuant to Article IV or redeemed or repurchased by the CorporationIV, the shares so converted or redeemed shall be canceled, shall return to the status of authorized, authorized but unissued Preferred Stock preferred stock of no designated series, and shall not be issuable by the Corporation as Series A Preferred Stock.
Appears in 1 contract
Cancellation of Series A Preferred Stock. If any shares of Series A Preferred Stock are converted pursuant to Article IV IV. or redeemed or repurchased by the Corporation, the Corporation shall take all actions necessary to cause the shares so converted or redeemed shall to be canceled, shall canceled and return to the status of authorized, but unissued Preferred Stock preferred stock of no designated series, and such shares shall not be issuable by the Corporation as Series A Preferred Stock.
Appears in 1 contract
Samples: Securities Purchase Agreement (RXi Pharmaceuticals Corp)
Cancellation of Series A Preferred Stock. If any shares of Series A Preferred Stock are converted pursuant to Article IV or redeemed or repurchased by the Corporationthis Articles of Amendment, the shares so converted or redeemed shall be canceled, shall return to the status of authorized, but unissued Series A Preferred Stock of no designated series, and shall not be issuable by the Corporation as Series A Preferred Stock.
Appears in 1 contract
Samples: Merger Agreement (Photomedex Inc)