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 the Series A Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be 9,090,909 (which shall not be subject to increase without the written consent of a majority of the holders of the then outstanding Series A Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Series A Preferred Stock shall have a par value of $0.001 per share and a stated value equal to $0.55 (the “Stated Value”).

Appears in 2 contracts

Samples: Securities Purchase Agreement (MDNA Life Sciences, Inc.), Securities Purchase Agreement (MDNA Life Sciences, Inc.)

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Designation, Amount and Par Value. The series of preferred stock shall be designated as the Corporation’s Series A Convertible Preferred Stock (the “Series A Preferred Stock”) ), and the number of shares so designated shall be 9,090,909 twenty-eight thousand ninety-two (28,092) shares (the “Designated Shares”), which shall not be subject to increase without the written consent of a majority all of the holders Holders of the then outstanding Series A Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Series A such Preferred Stock shall have a par value of $0.001 per share and a stated value equal to $0.55 (share. Capitalized terms not otherwise defined herein shall have the “Stated Value”)meaning given such terms in Section 1 hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Viking Energy Group, Inc.), Agreement and Plan of Merger (Camber Energy, Inc.)

Designation, Amount and Par Value. The series of preferred stock shall be designated as the its Series A Convertible Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be 9,090,909 up to [_____________] (which shall not be subject to increase without the written consent of a majority all of the holders of the then outstanding Series A Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Series A Preferred Stock shall have a par value of $0.001 0.01 per share and a stated value equal to $0.55 [______] (the “Stated Value”).

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Photomedex Inc), Assignment and Assumption Agreement (First Capital Real Estate Trust Inc)

Designation, Amount and Par Value. The series of preferred stock Preferred Stock shall be designated as the Corporation’s Series A Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be 9,090,909 1,000 (which shall not be subject to increase without the written any consent of a majority of the holders of the then outstanding 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 $0.001 0.01 per share and a stated value equal to $0.55 (the “Stated Value”)share.

Appears in 1 contract

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

Designation, Amount and Par Value. The series of preferred stock shall be designated as the Company's Series A Convertible Preferred Stock (the "Series A Preferred Stock (the “Series A or "Preferred Stock") and the number shall consist of 10,000,000 shares so designated shall be 9,090,909 (which shall not be subject to increase without the written consent of a majority all of the holders of the then outstanding 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 $0.001 per share and a stated value equal to $0.55 (share. Capitalized terms not otherwise defined herein shall have the “Stated Value”)meaning given such terms in Section 1 hereof.

Appears in 1 contract

Samples: 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 the Corporation’s Series A B Preferred Stock (the “Series A B Preferred Stock”) and the number of shares so designated shall be 9,090,909 1,000 (which shall not be subject to increase without the written consent of a majority all of the holders of the then outstanding Series A B Preferred Stock (each, each a “Holder” and collectively, the “Holders”)). Each share of Series A B Preferred Stock shall have a par value of $0.001 per share and a stated value equal to $0.55 (the “Stated Value”)share.

Appears in 1 contract

Samples: Stock Loan Agreement (Sparta Commercial Services, Inc.)

Designation, Amount and Par Value. The series of preferred stock shall be designated as the its Series A Z Convertible Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be 9,090,909 up to ___ (which shall not be subject to increase without the written consent of a majority all of the holders of the then outstanding Series A Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Series A Preferred Stock shall have a par value of $0.001 .00001 per share and a stated value equal to $0.55 10,000 (the “Stated Value”).

Appears in 1 contract

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

Designation, Amount and Par Value. (a) The series of preferred stock shall be designated as the its “12.0% Series A Preferred Stock (the “Series A Cumulative Convertible Preferred Stock”) and the number of shares so designated shall be 9,090,909 up to [●] (which shall not be subject to increase without the written consent of a majority of the holders of 50% of the then outstanding Series A Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Series A Preferred Stock shall have a par value of $0.001 [0.0001] per share and a stated value equal to $0.55 12.00 (the “Stated Value”).

Appears in 1 contract

Samples: Registration Rights Agreement (Inflection Point Acquisition Corp. II)

Designation, Amount and Par Value. The series of preferred stock Preferred Stock shall be designated as the Corporation’s Series A Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be 9,090,909 (2,000, which shall not be subject to increase without the written any consent of a majority of the holders of the then outstanding 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 $0.001 per share and a stated value equal to $0.55 (the “Stated Value”)share.

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase Agreement (VeriChip CORP)

Designation, Amount and Par Value. The series of --------------------------------- preferred stock shall be designated as the 4% Series A B Convertible Preferred Stock (the “Series A "Preferred Stock") and the number of shares so designated shall be 9,090,909 300 --------------- (which shall not be subject to increase without the written consent of a majority of the holders of the then outstanding Series A Preferred Stock (each, a "Holder" and collectively, the "Holders")). Each ------ ------- share of Series A Preferred Stock shall have a par value of $0.001 per share .01 and a stated value equal to of $0.55 10,000 (the "Stated Value").. ------------

Appears in 1 contract

Samples: Registration Rights Agreement (Number Nine Visual Technology Corp)

Designation, Amount and Par Value. The series of preferred stock shall be designated as the Series A Convertible Redeemable Preferred Stock Stock” (the “Series A Preferred Stock”) and the number of shares so designated of such series shall be 9,090,909 80,000 (which shall not be subject to increase without the written consent of a majority of the holders of the then outstanding Series A Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Series A Preferred Stock shall have a par value of $0.001 per share and a stated value equal to $0.55 (the “Stated Value”).written

Appears in 1 contract

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

Designation, Amount and Par Value. The series of preferred stock Preferred Stock shall be designated as the Corporation’s Series A Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be 9,090,909 1,000 (which shall not be subject to increase without the written any consent of a majority of the holders of the then outstanding 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 $0.001 0.0001 per share and a stated value equal to $0.55 (the “Stated Value”)share.

Appears in 1 contract

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

Designation, Amount and Par Value. The series of preferred stock shall be designated as the its Series A Convertible Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be 9,090,909 up to ________ (which shall not be subject to increase without the written consent of a majority of the holders of the then majority of the outstanding Series A shares of Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Series A Preferred Stock shall have a par value of [$0.001 0.001] per share and a stated value equal to $0.55 1,000 (the “Stated Value”).

Appears in 1 contract

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

Designation, Amount and Par Value. The series of preferred stock shall be designated as the its Series A B Convertible Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be 9,090,909 up to [*] (which shall not be subject to increase without the written consent of a majority all of the holders of the then outstanding Series A Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Series A Preferred Stock shall have a par value of $0.001 0.0001 per share and a stated value equal to $0.55 [*] (the “Stated Value”).

Appears in 1 contract

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

Designation, Amount and Par Value. The series of preferred stock shall be designated as the its Series A Convertible Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be 9,090,909 up to 13,250 (which shall not be subject to increase without the written consent of a majority of the holders of the then majority of the outstanding Series A shares of Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Series A Preferred Stock shall have a par value of $0.001 per share and a stated value equal to $0.55 1,000 (the “Stated Value”).

Appears in 1 contract

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

Designation, Amount and Par Value. The series of preferred stock shall be designated as the Series its SERIES A Convertible Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be 9,090,909 13,000 (which shall not be subject to increase without the written consent of a majority all of the holders of the then outstanding Series A Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Series A Preferred Stock shall have a par value of $0.001 per share and a stated value equal to $0.55 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

Samples: Securities Purchase Agreement (World Health Alternatives Inc)

Designation, Amount and Par Value. The series of preferred stock shall be designated as the Company's Series A Convertible Preferred Stock without par value (the "Series A Preferred Stock (the “Series A or "Preferred Stock") and the number of shares so designated shall be 9,090,909 five million (5,000,000) (which shall not be subject to increase without the written consent of the holders of a majority of the holders outstanding shares of the then outstanding Series A Preferred Stock (each, each a "Holder" and collectively, the "Holders”)"). Each share of Series A Preferred Stock Capitalized terms not otherwise defined herein shall have a par value of $0.001 per share and a stated value equal to $0.55 (the “Stated Value”)meaning given such terms in Section 1 hereof. Section 3.

Appears in 1 contract

Samples: Note Purchase Agreement (PCS Edventures Com Inc)

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Designation, Amount and Par Value. The series of preferred stock stock, which shall consist of 8,300,472 shares, shall be designated as 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 9,090,909 (which shall not be subject to increase without the written consent of a majority all of the holders of the then outstanding 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 $0.001 .001 per share and a stated value equal to $0.55 (share. Capitalized terms not otherwise defined herein shall have the “Stated Value”)meaning given such terms in Section 1 hereof.

Appears in 1 contract

Samples: First Amendment (Computer Software Innovations Inc)

Designation, Amount and Par Value. The series of preferred stock shall be designated as the its Series A F 0% Convertible Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be 9,090,909 up to 7,000 (which shall not be subject to increase without the written consent of a majority all of the holders of the then outstanding Series A Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Series A Preferred Stock shall have a par value of $0.001 per share and a stated value equal to $0.55 1,000, subject to adjustment herein (the “Stated Value”).

Appears in 1 contract

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

Designation, Amount and Par Value. The series of preferred stock shall be designated as the Series A Convertible Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be 9,090,909 [ ](which shall not be subject to increase without the written consent of a majority of the holders of the then outstanding Series A Preferred Stock (each, a “Holder” and collectively, the “Holders”)2). Each share of Series A Preferred Stock shall have a par value of $0.001 per share and a stated value equal to $0.55 [ ](3), subject to increase set forth in Section 7 below (the “Stated Value”).

Appears in 1 contract

Samples: Note Purchase Agreement (Array Biopharma Inc)

Designation, Amount and Par Value. The series of preferred stock Preferred Stock shall be designated as the Corporation’s Series A Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be 9,090,909 (2,000, which shall not be subject to increase without the written any consent of a majority of the holders of the then outstanding 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 $0.001 0.0001 per share and a stated value equal to $0.55 (the “Stated Value”)share.

Appears in 1 contract

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

Designation, Amount and Par Value. The series of preferred stock Preferred Stock shall be designated as the Corporation’s Series A Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be 9,090,909 (3,000, which shall not be subject to increase without the written any consent of a majority of the holders of the then outstanding 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 $0.001 0.0001 per share and a stated value equal to $0.55 (the “Stated Value”)share.

Appears in 1 contract

Samples: Securities Purchase Agreement (GetFugu, Inc.)

Designation, Amount and Par Value. The series of preferred stock shall be designated as the its Series A Convertible Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be 9,090,909 _______ (which shall not be subject to increase without the written consent of the holders of a majority of the holders of the then outstanding Series A Preferred Stock Underlying Shares (each, a “Holder” and collectively, the “Holders”)). Each share of Series A Preferred Stock shall have a par value of $0.001 per share and a stated value equal to $0.55 ______ (the “Stated Value”).

Appears in 1 contract

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

Designation, Amount and Par Value. The series of preferred stock Preferred Stock shall be designated as the Corporation’s Series A B Preferred Stock (the “Series A B Preferred Stock”) and the number of shares so designated shall be 9,090,909 10,000 (which shall not be subject to increase without the written consent of a majority all of the holders of the then outstanding Series A B Preferred Stock (each, each a “Holder” and collectively, the “Holders”)). Each share of Series A B Preferred Stock shall have a par value of $0.001 per share and a stated value equal to $0.55 (the “Stated Value”)share.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Drinks Americas Holdings, LTD)

Designation, Amount and Par Value. The series of preferred stock shall be designated as the its Series A D Convertible Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be 9,090,909 [___] (which shall not be subject to increase without the written consent of holders of a majority in interest of the holders of the Preferred Stock then outstanding Series A Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Series A Preferred Stock shall have a par value of $0.001 per share and a stated value equal to $0.55 0.001 (the “Stated Value”).

Appears in 1 contract

Samples: Plan of Merger (New Age Beverages Corp)

Designation, Amount and Par Value. The series of preferred stock shall be designated as 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 9,090,909 (which shall not be subject to increase without the written consent of a majority all of the holders of the then outstanding 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 $0.001 .001 per share and a stated value equal to $0.55 (share. Capitalized terms not otherwise defined herein shall have the “Stated Value”)meaning given such terms in Section 1 hereof.

Appears in 1 contract

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

Designation, Amount and Par Value. The series of preferred stock shall Preferred Stock will be designated as the Corporation’s Series A Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall will be 9,090,909 (500, which shall will not be subject to increase without the written any consent of a majority of the holders of the then outstanding 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 $0.001 per share and a stated value equal to $0.55 (the “Stated Value”)share.

Appears in 1 contract

Samples: Securities Purchase Agreement (Digital Development Group Corp)

Designation, Amount and Par Value. The series of preferred stock shall be designated as the its Series A B Convertible Preferred Stock (the “Series A Preferred Stock”) and the number of shares so designated shall be 9,090,909 9,900 (which shall not be subject to increase without the written consent of a majority of the holders of the then outstanding Series A Preferred Stock (each, a “Holder” and collectively, the “Holders”)). Each share of Series A Preferred Stock shall have a par value of $0.001 per share and a stated value equal to $0.55 1,000 (the “Stated Value”).

Appears in 1 contract

Samples: Securities Purchase Agreement (Arrowhead Research Corp)

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