Common use of Changes after Provision for Redemption Clause in Contracts

Changes after Provision for Redemption. No vote or consent of the holders of this Series will be required pursuant to Section 7(b) or Section 7(c) above if, at or prior to the time when any such vote or consent would otherwise be required pursuant to such Section, all outstanding shares of this Series shall have been redeemed, or shall have been called for redemption on proper notice and sufficient funds shall have been set aside for such redemption, in each case pursuant to Section 5 above.

Appears in 2 contracts

Samples: Share Purchase Agreement (Toro Corp.), Share Purchase Agreement (Castor Maritime Inc.)

AutoNDA by SimpleDocs

Changes after Provision for Redemption. No vote or consent of the holders of this Series will C shall be required pursuant to this Section 7(b) 5 or Section 7(c) above otherwise if, at or prior to the time when the act with respect to which any such vote or consent would otherwise be required pursuant to such Section, all outstanding shares of this Series C shall have been redeemed, or shall have been called for redemption on upon proper notice and sufficient funds shall have been set aside for such redemption, in each case pursuant to Section 5 above6.

Appears in 1 contract

Samples: Securities Purchase Agreement (Mitsubishi Ufj Financial Group Inc)

Changes after Provision for Redemption. No vote or consent of the holders of this Series will A shall be required pursuant to Section 7(b) or Section 7(c8(c) above if, at or prior to the time when any such vote or consent would otherwise be required pursuant to such Section, all outstanding shares of this Series A shall have been redeemed, or shall have been called for redemption on upon proper notice and sufficient funds shall have been set aside deposited in trust for such redemption, in each case pursuant to Section 5 6 above.

Appears in 1 contract

Samples: Securities Purchase Agreement (Occidental Petroleum Corp /De/)

AutoNDA by SimpleDocs

Changes after Provision for Redemption. No vote or consent of the holders of this Series will C Preferred shall be required pursuant to Section 7(b8(b) or Section 7(c(c) above if, at or prior to the time when any such vote or consent would otherwise be required pursuant to such Section, all outstanding shares of this Series C Preferred shall have been redeemed, or shall have been called for redemption on upon proper notice and sufficient funds shall have been set aside for such redemption, in each case pursuant to Section 5 6 above.

Appears in 1 contract

Samples: Stock Purchase Agreement (Customers Bancorp, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!