Cancellation of Series A Preferred Stock. If any shares of Series A Preferred Stock are 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 America, Inc.), Transfer and Contribution Agreement (Resource Capital 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: Administrative Services 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 redeemed or repurchased by the Corporationconverted pursuant to this 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: Assignment and Assumption Agreement (Harvest Health & Recreation Inc.), Assignment and Assumption Agreement (Hightimes Holding Corp.), Purchase Agreement (Hightimes Holding Corp.)
Cancellation of Series A Preferred Stock. If any shares of Series A Preferred Stock are redeemed or repurchased by the Corporationconverted pursuant to this 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: Sino-Global Shipping America, Ltd.
Cancellation of Series A Preferred Stock. If any shares of Series A ---------------------------------------- Preferred Stock are redeemed or repurchased by the Corporationconverted pursuant to Article IV, 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.
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Cancellation of Series A Preferred Stock. If any shares of Series A Preferred Stock are redeemed or repurchased by the Corporationconverted pursuant to this 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: Option and Separation Agreement (Solaris Power Cells, Inc.)
Cancellation of Series A Preferred Stock. If any shares No share of Series A Preferred Stock are 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.
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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 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 redeemed or repurchased by the Corporationconverted pursuant to this 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: Agreement and Plan of Merger and Reorganization (Photomedex Inc)
Cancellation of Series A Preferred Stock. If any shares of Series A Preferred Stock are redeemed or repurchased by the Corporationconverted pursuant to Article IV, 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.
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