Common use of CANCELLATION OF SERIES C PREFERRED Clause in Contracts

CANCELLATION OF SERIES C PREFERRED. The Company covenants and agrees that it will not issue any shares of Series C Convertible Preferred Stock and will file a Certificate of Elimination with respect to the Series C Certificate of Designation as promptly as practicable hereafter.

CANCELLATION OF SERIES C PREFERRED. The Company covenants and agrees that that, from and after the date hereof, it will not issue any shares of Series C Convertible Preferred Stock and will file a Certificate of Elimination with respect to the Series C Certificate of Designation as promptly as practicable hereafter.