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Common use of Conversion of Company Preferred Stock Clause in Contracts

Conversion of Company Preferred Stock. The Company shall exercise its commercially reasonable efforts to cause all outstanding shares of Company Preferred Stock to convert into shares of Company Common Stock prior to the Closing pursuant to the terms of the Company's Articles of Incorporation.

Appears in 2 contracts

Samples: Merger Agreement (Celsius Holdings, Inc.), Merger Agreement (Celsius Holdings, Inc.)

Conversion of Company Preferred Stock. The Prior to the Effective Time, the Company shall exercise use its commercially reasonable efforts to cause all of the outstanding shares of Company Preferred Stock to convert be converted into shares of Company Common Stock prior to such that shares of Company Common Stock shall be the Closing pursuant to the terms only outstanding shares of Company Capital Stock as of the Company's Articles of IncorporationEffective Time.

Appears in 1 contract

Samples: Merger Agreement (Solarcity Corp)

Conversion of Company Preferred Stock. The Company shall exercise use its commercially reasonable efforts ------------------------------------- Reasonable Best Efforts to cause all outstanding of the shares of the Company Preferred Stock to convert into shares of Company Common Stock prior to the Closing pursuant to the terms of the Company's Articles of IncorporationEffective Time.

Appears in 1 contract

Samples: Merger Agreement (Entrust Technologies Inc)

Conversion of Company Preferred Stock. The Company shall exercise its take all commercially reasonable efforts actions necessary to cause all outstanding shares the conversion of Company Preferred Stock to convert into shares of Company Common Stock prior to the Closing pursuant to the terms of the Company's Articles of IncorporationEffective Time.

Appears in 1 contract

Samples: Merger Agreement (Ebenx Inc)