Common use of Designation, Amount and Par Value Clause in Contracts

Designation, Amount and Par Value. The series of preferred stock shall be designated as its Series A Convertible Preferred Stock (the “Preferred Stock”) and the number of shares so designated shall be up to [_____________] (which shall not be subject to increase without the written consent of all of the holders of the Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Preferred Stock shall have a par value of $0.01 per share and a stated value equal to $[______] (the “Stated Value”).

Appears in 2 contracts

Sources: Interest Contribution Agreement (First Capital Real Estate Trust Inc), Interest Contribution Agreement (Photomedex Inc)

Designation, Amount and Par Value. The series of preferred stock shall be designated as its Series A Convertible Preferred Stock (the “Preferred Stock”) and the number of shares so designated shall be up to [_____________] [ ](which shall not be subject to increase without the written consent of all of the holders of the Preferred Stock (each, a “Holder” and collectively, the “Holders”)2). Each share of Preferred Stock shall have a par value of $0.01 0.001 per share and a stated value equal to $[______] [ ](3), subject to increase set forth in Section 7 below (the “Stated Value”).

Appears in 1 contract

Sources: Note Purchase Agreement (Array Biopharma Inc)

Designation, Amount and Par Value. The series of preferred stock shall be designated as its Series A Convertible Redeemable Preferred Stock Stock” (the “Series A Preferred Stock”) and the number of shares so designated of such series shall be up to [_____________] 80,000 (which shall not be subject to increase without the written consent of all of the holders of the Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Preferred Stock shall have a par value of $0.01 per share and a stated value equal to $[______] (the “Stated Value”).written

Appears in 1 contract

Sources: Securities Purchase Agreement (Digital Media Solutions, Inc.)

Designation, Amount and Par Value. The series of --------------------------------- preferred stock shall be designated as its 4% Series A B Convertible Preferred Stock (the "Preferred Stock") and the number of shares so designated shall be up to [_____________] 300 --------------- (which shall not be subject to increase without the written consent of all of the holders of the Preferred Stock (each, a "Holder" and collectively, the "Holders")). Each ------ ------- share of Preferred Stock shall have a par value of $0.01 per share .01 and a stated value equal to of $[______] 10,000 (the "Stated Value").. ------------

Appears in 1 contract

Sources: Convertible Preferred Stock Purchase Agreement (Number Nine Visual Technology Corp)

Designation, Amount and Par Value. The series of preferred stock Preferred Stock shall be designated as its the Corporation’s Series A Convertible Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be up to [_____________] 1,000 (which shall not be subject to increase without the written any consent of all of the holders of the Series A Preferred Stock (each, each a “Holder” and collectively, the “Holders”))) that may be required by applicable law. Each share of Series A Preferred Stock shall have a par value of $0.01 0.0001 per share and a stated value equal to $[______] (the “Stated Value”)share.

Appears in 1 contract

Sources: Preferred Stock Purchase Agreement (Purespectrum, Inc.)

Designation, Amount and Par Value. The series of preferred stock Preferred Stock shall be designated as its the Corporation’s Series A Convertible Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be up to [_____________] (2,000, which shall not be subject to increase without the written any consent of all of the holders of the Series A Preferred Stock (each, each a “Holder” and collectively, the “Holders”))) that may be required by applicable law. Each share of Series A Preferred Stock shall have a par value of $0.01 0.0001 per share and a stated value equal to $[______] (the “Stated Value”)share.

Appears in 1 contract

Sources: Preferred Stock Purchase Agreement (ImmunoCellular Therapeutics, Ltd.)

Designation, Amount and Par Value. The series of preferred stock shall be designated as its Series A Convertible Preferred Stock (the “Preferred Stock”) and the number of shares so designated shall be up to [_____________] _ (which shall not be subject to increase without the written consent of all of the holders of a majority of the Preferred Stock Underlying Shares (each, a “Holder” and collectively, the “Holders”)). Each share of Preferred Stock shall have a par value of $0.01 0.001 per share and a stated value equal to $[______] _ (the “Stated Value”).

Appears in 1 contract

Sources: Securities Purchase Agreement (SANUWAVE Health, Inc.)

Designation, Amount and Par Value. The series of preferred stock shall be designated as its the Company's Series A Convertible Preferred Stock without par value (the "Series A Preferred Stock or "Preferred Stock") and the number of shares so designated shall be up to [_____________] five million (5,000,000) (which shall not be subject to increase without the written consent of all of the holders of a majority of the outstanding shares of the Series A Preferred Stock (each, each a "Holder" and collectively, the "Holders”)"). Each share of Preferred Stock Capitalized terms not otherwise defined herein shall have a par value of $0.01 per share and a stated value equal to $[______] (the “Stated Value”).meaning given such terms in Section 1 hereof. Section

Appears in 1 contract

Sources: Note Purchase Agreement (PCS Edventures Com Inc)

Designation, Amount and Par Value. The series of preferred stock shall be designated as its the Corporation’s Series A Convertible Preferred Stock (the “Series A Preferred Stock” or “Preferred Stock”) and the number of shares so designated shall be up to [_____________] (which shall not be subject to increase without the written consent of all of the holders of the Series A Preferred Stock (each, each a “Holder” and collectively, the “Holders”)). Each share of Series A Preferred Stock shall have a par value of $0.01 .001 per share and a stated value equal to $[______] (share. Capitalized terms not otherwise defined herein shall have the “Stated Value”)meaning given such terms in Section 1 hereof.

Appears in 1 contract

Sources: Preferred Stock Purchase Agreement (Computer Software Innovations Inc)

Designation, Amount and Par Value. The series of preferred stock shall be designated as its Series A Convertible Preferred Stock (the “Preferred Stock”) and the number of shares so designated shall be up to [_____________] _ (which shall not be subject to increase without the written consent of all of the holders of the majority of the outstanding shares of Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Preferred Stock shall have a par value of [$0.01 0.001] per share and a stated value equal to $[______] 1,000 (the “Stated Value”).

Appears in 1 contract

Sources: Securities Purchase Agreement (Healthy Choice Wellness Corp.)

Designation, Amount and Par Value. The series of preferred stock Preferred Stock shall be designated as its Series A Redeemable Convertible Preferred Stock (the “Series A Preferred Stock”) ), and the number of shares so designated shall be up to [_____________] one million six hundred thousand (1,600,000) (which shall not be subject to increase without the written consent of all of the holders of the Series A Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Series A Preferred Stock shall have a par value of $0.01 .01 per share and a stated value equal to $[______] 3.00 (the “Stated Value”).

Appears in 1 contract

Sources: Stock Purchase Agreement (Regeneron Pharmaceuticals, Inc.)

Designation, Amount and Par Value. The series of preferred stock created hereunder shall be designated as its Series A B 8% Convertible Preferred Stock (the “Series B Preferred Stock”) and the number of shares so designated shall be up to [_____________] 2,500,000 (which shall not be subject to increase without the written consent of all the Holders of at least a majority of the holders of the then-issued and outstanding Series B Preferred Stock (each, a “Holder” and collectively, the “Holders”)Stock). Each share of Series B Preferred Stock shall have a par value of $0.01 0.0001 per share and a stated value equal to $[______] the price paid to the Company for such share (the “Stated Value”).

Appears in 1 contract

Sources: Securities Purchase Agreement (Cachet Financial Solutions, Inc.)

Designation, Amount and Par Value. The There shall be a series of preferred stock Preferred Stock that shall be designated as its Series A Convertible Non-Voting Preferred Stock Stock” (the “Series A Preferred Stock”) and the number of shares so designated constituting such series shall be up to [_____________] (which shall not be subject to increase without the written consent of all of the holders of the Preferred Stock (each, a “Holder” and collectively, the “Holders”))_. Each share of Series A Preferred Stock shall have a par value of $0.01 0.001 per share share. The shares of Series A Preferred Stock shall only be issued and a stated value equal to $[______] (maintained in the “Stated Value”)form of securities held in book-entry form.

Appears in 1 contract

Sources: Arrangement Agreement (Torchlight Energy Resources Inc)

Designation, Amount and Par Value. The series of preferred stock shall be designated as its Series A D Convertible Preferred Stock (the “Preferred Stock”) and the number of shares so designated shall be up to [_____________] (which shall not be subject to increase without the written consent of all holders of the holders a majority in interest of the Preferred Stock then outstanding (each, a “Holder” and collectively, the “Holders”)). Each share of Preferred Stock shall have a par value of $0.01 0.001 per share and a stated value equal to $[______] 0.001 (the “Stated Value”).

Appears in 1 contract

Sources: Plan of Merger (New Age Beverages Corp)

Designation, Amount and Par Value. The series of preferred stock shall be designated as its Series SERIES A Convertible Preferred Stock (the “Preferred Stock”) and the number of shares so designated shall be up to [_____________] 13,000 (which shall not be subject to increase without the written consent of all of the holders of the Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Preferred Stock shall have a par value of $0.01 0.001 per share and a stated value equal to $[______] 1,000 (the “Stated Value”). Capitalized terms not otherwise defined herein shall have the meaning given such terms in Section 8 hereof.

Appears in 1 contract

Sources: Securities Purchase Agreement (World Health Alternatives Inc)

Designation, Amount and Par Value. The series of preferred stock shall Preferred Stock will be designated as its the Corporation’s Series A Convertible Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall will be up to [_____________] (500, which shall will not be subject to increase without the written any consent of all of the holders of the Series A Preferred Stock (each, each a “Holder” and collectively, the “Holders”))) that may be required by applicable law. Each share of Series A Preferred Stock shall will have a par value of $0.01 0.001 per share and a stated value equal to $[______] (the “Stated Value”)share.

Appears in 1 contract

Sources: Securities Purchase Agreement (Digital Development Group Corp)

Designation, Amount and Par Value. The series of preferred stock shall be designated as its Series A Redeemable Convertible Preferred Stock (the “Preferred Stock”) and the number of shares so designated shall be up to [_____________] 15,000 (which shall not be subject to increase without the written consent of all the holders of a majority of the holders then outstanding shares of the Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Preferred Stock shall have a par value of $0.01 0.0001 per share and a stated value equal to $[______] 1,000 (the “Stated Value”).

Appears in 1 contract

Sources: Securities Purchase Agreement (Marathon Digital Holdings, Inc.)

Designation, Amount and Par Value. The series of preferred stock shall be designated as its Series A D Convertible Preferred Stock (the "Preferred Stock") and the number of shares so designated shall be up to [_____________] 1,000 (which shall not be subject to increase without the written consent of all of the holders of the Preferred Stock (each, a "Holder" and collectively, the "Holders")). Each share of Preferred Stock shall have a par value of $0.01 per share and a stated value equal to $[______] 1,000 subject to increase set forth in Section 3(a) below (the "Stated Value").

Appears in 1 contract

Sources: Securities Purchase Agreement (Waverider Communications Inc)

Designation, Amount and Par Value. The series of preferred stock shall be designated as its Series A E 0% Convertible Preferred Stock (the “Preferred Stock”) and the number of shares so designated shall be up to [_____________] 10,000 (which shall not be subject to increase without the written consent of all of the holders of the Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Preferred Stock shall have a par value of $0.01 0.001 per share and a stated value equal to $[______] 1,000, subject to adjustment herein (the “Stated Value”).

Appears in 1 contract

Sources: Securities Purchase Agreement (Advanced Battery Technologies, Inc.)

Designation, Amount and Par Value. The series of preferred stock shall be designated as its the Company's Series A Convertible Preferred Stock (the "Series A Preferred Stock or "Preferred Stock") and the number shall consist of 10,000,000 shares so designated shall be up to [_____________] (which shall not be subject to increase without the written consent of all of the holders of the Series A Preferred Stock (each, each a "Holder" and collectively, the "Holders”)"). Each share of Series A Preferred Stock shall have a par value of $0.01 0.001 per share and a stated value equal to $[______] (share. Capitalized terms not otherwise defined herein shall have the “Stated Value”)meaning given such terms in Section 1 hereof.

Appears in 1 contract

Sources: Preferred Stock Purchase Agreement (Family Home Health Services, Inc.)

Designation, Amount and Par Value. The series of preferred stock Preferred Stock shall be designated as its the Corporation’s Series A Convertible Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be up to [_____________] (2,000, which shall not be subject to increase without the written any consent of all of the holders of the Series A Preferred Stock (each, each a “Holder” and collectively, the “Holders”))) as required by applicable law. Each share of Series A Preferred Stock shall have a par value of $0.01 0.001 per share and a stated value equal to $[______] (the “Stated Value”)share.

Appears in 1 contract

Sources: Convertible Preferred Stock Purchase Agreement (VeriChip CORP)

Designation, Amount and Par Value. The series of preferred stock shall be designated as its the Series A Convertible 6.5% Preferred Stock (the "Series A Preferred Stock”) "), and the number of shares so designated shall be up to [_____________] One Million (which shall not be subject to increase without the written consent of all of the holders of the Preferred Stock (each, a “Holder” and collectively, the “Holders”)1,000,000). Each share of Series A Preferred Stock shall have a no par value of $0.01 per share and a stated value equal to $[______] (the "Stated Value") of the Liquidation Preference (as hereinafter defined in Section C(1)).

Appears in 1 contract

Sources: Agreement for Sale and Purchase of Aircraft (Alpine Air Express Inc/De)

Designation, Amount and Par Value. The series of preferred stock Preferred Stock shall be designated as its the Corporation’s Series A Convertible Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be up to [_____________] (3,000, which shall not be subject to increase without the written any consent of all of the holders of the Series A Preferred Stock (each, each a “Holder” and collectively, the “Holders”))) as required by applicable law. Each share of Series A Preferred Stock shall have a par value of $0.01 0.0001 per share and a stated value equal to $[______] (the “Stated Value”)share.

Appears in 1 contract

Sources: Securities Purchase Agreement (GetFugu, Inc.)

Designation, Amount and Par Value. The series of preferred stock Preferred Stock shall be designated as its the Corporation’s Series A Convertible Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be up to [_____________] 1,000 (which shall not be subject to increase without the written any consent of all of the holders of the Series A Preferred Stock (each, each a “Holder” and collectively, the “Holders”))) that may be required by applicable law. Each share of Series A Preferred Stock shall have a par value of $0.01 per share and a stated value equal to $[______] (the “Stated Value”)share.

Appears in 1 contract

Sources: Preferred Stock Purchase Agreement (Urban Barns Foods Inc.)

Designation, Amount and Par Value. The series of preferred stock stock, which shall consist of 8,300,472 shares, shall be designated as its the Corporation’s Series A Convertible Preferred Stock (the “Series A Preferred Stock” or “Preferred Stock”) and the The number of shares so designated shall be up to [_____________] (which shall not be subject to increase without the written consent of all of the holders of the Series A Preferred Stock (each, each a “Holder” and collectively, the “Holders”)). Each share of Series A Preferred Stock shall have a par value of $0.01 .001 per share and a stated value equal to $[______] (share. Capitalized terms not otherwise defined herein shall have the “Stated Value”)meaning given such terms in Section 1 hereof.

Appears in 1 contract

Sources: Preferred Stock Purchase Agreement (Computer Software Innovations Inc)

Designation, Amount and Par Value. The series of preferred stock shall be designated as its Series A B Convertible Preferred Stock (the “Preferred Stock”) and the number of shares so designated shall be up to [_____________*] (which shall not be subject to increase without the written consent of all of the holders of the Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Preferred Stock shall have a par value of $0.01 0.0001 per share and a stated value equal to $[______*] (the “Stated Value”).

Appears in 1 contract

Sources: Stock Purchase Agreement (Charge Enterprises, Inc.)

Designation, Amount and Par Value. The series of preferred stock shall be designated as its Series A Convertible Preferred Stock (the “Preferred Stock”) and the number of shares so designated shall be up to [_____________] 13,250 (which shall not be subject to increase without the written consent of all of the holders of the majority of the outstanding shares of Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Preferred Stock shall have a par value of $0.01 0.001 per share and a stated value equal to $[______] 1,000 (the “Stated Value”).

Appears in 1 contract

Sources: Securities Purchase Agreement (Healthier Choices Management Corp.)

Designation, Amount and Par Value. The series of preferred stock shall be designated as its Series A Z Convertible Preferred Stock (the “Preferred Stock”) and the number of shares so designated shall be up to [_____________] _ (which shall not be subject to increase without the written consent of all of the holders of the Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Preferred Stock shall have a par value of $0.01 .00001 per share and a stated value equal to $[______] 10,000 (the “Stated Value”).

Appears in 1 contract

Sources: Amendment and Exchange Agreement (Cellectar Biosciences, Inc.)