Common use of Designation; Rank Clause in Contracts

Designation; Rank. This series of Preferred Stock shall be designated and known as “Series A Preferred Stock.” The number of shares constituting the Series A Preferred Stock shall be four million five hundred thousand (4,500,000) shares. Except as otherwise provided herein, the Series A Preferred Stock shall, with respect to rights on liquidation, winding up and dissolution, rank pari passu to the common stock, par value $0.00001 per share (the “Common Stock”) and any other classes of capital stock of the Company.

Appears in 2 contracts

Samples: Exchange Agreement (New You, Inc.), Certificate of Designation (New You, Inc.)

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Designation; Rank. This series of Preferred Stock shall be designated and known as “Series A Preferred Stock.” The number of shares constituting the Series A Preferred Stock shall be four of two million five two hundred thousand (4,500,0002,200,000) shares. Except as otherwise provided herein, the Series A Preferred Stock shall, with respect to rights on liquidation, winding up and dissolution, rank pari passu to the common stock, par value $0.00001 0.001 per share (the “Common Stock”) and any other classes of capital stock of the Company.

Appears in 1 contract

Samples: Certificate of Designation (TimefireVR Inc.)

Designation; Rank. This series of Preferred Stock shall be designated and known as “Series A D Preferred Stock.” The number of shares constituting the Series A D Preferred Stock shall be four million five six hundred and one hundred thousand (4,500,000100,000) shares. Except as otherwise provided herein, the The Series A D Preferred Stock shall, with respect shall be subordinate to rights on liquidation, winding up and dissolution, rank pari passu junior to the common stock, par value $0.00001 per share (the “Common Stock”) and any other classes of capital stock all indebtedness of the CompanyCorporation now or hereafter outstanding.

Appears in 1 contract

Samples: Certificate of Designation (Authentic Holdings, Inc.)

Designation; Rank. This series of Preferred Stock shall be designated and known as “Series A Preferred Stock.” The number of shares constituting the Series A Preferred Stock shall be four five million five hundred thousand (4,500,0005,000,000) shares. Except as otherwise provided herein, the Series A Preferred Stock shall, with respect to rights on liquidation, winding up and dissolution, rank pari passu to the common stock, par value $0.00001 0.0001 per share (the “Common Stock”) and any other previously issued classes of capital stock of the Company.

Appears in 1 contract

Samples: Certificate of Designation (Spiral Energy Tech., Inc.)

Designation; Rank. This series of Preferred Stock shall be designated and known as the "Series A D Preferred Stock." The number of shares constituting the Series A D Preferred Stock shall be four million five hundred thousand (4,500,000) 430,000 shares. Except as otherwise provided herein, the The Series A D Preferred Stock shall, with respect to rights on upon liquidation, dissolution or winding up and dissolutionup, whether voluntary or involuntary, rank pari passu prior to the common stockstock of the Company, par value $0.00001 .01 per share (the "Common Stock”) and any other classes of capital stock of the Company").

Appears in 1 contract

Samples: Securities Purchase and Note Agreement (Amen Properties Inc)

Designation; Rank. This series of Preferred Stock shall be designated and known as “Series A Preferred Stock.” The number of shares constituting the Series A Preferred Stock shall be four five million five hundred thousand (4,500,0005,000,000) shares. Except as otherwise provided herein, the Series A Preferred Stock shall, with respect to rights on liquidation, winding up and dissolution, rank pari passu to the common stock, par value $0.00001 0.0001 per share (the “Common Stock”) and any other classes of capital stock of the Company).

Appears in 1 contract

Samples: Certificate of Designation (Longview Real Estate, Inc.)

Designation; Rank. This series of Preferred Stock shall be designated and known as the “Series A D Preferred Stock.” The number of shares constituting the Series A D Preferred Stock shall be four million five hundred thousand (4,500,000) 430,000 shares. Except as otherwise provided herein, the The Series A D Preferred Stock shall, with respect to rights on upon liquidation, dissolution or winding up and dissolutionup, whether voluntary or involuntary, rank pari passu prior to the common stockstock of the Company, par value $0.00001 .01 per share (the “Common Stock”) and any other classes of capital stock of the Company).

Appears in 1 contract

Samples: Securities Purchase and Note Agreement (Universal Guaranty Life Insurance CO)

Designation; Rank. This series of Preferred Stock shall be designated and known as “Series A Preferred Stock.” The number of shares constituting the Series A Preferred Stock shall be four five million five hundred thousand (4,500,0005,000,000) shares. Except as otherwise provided herein, the Series A Preferred Stock shall, with respect to rights on liquidation, winding up and dissolution, rank pari passu to the common stock, par value $0.00001 0.001 per share (the “Common Stock”) and any other previously issued classes of capital stock of the Company.

Appears in 1 contract

Samples: Certificate of Designation (HealthTalk Live, Inc.)

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Designation; Rank. This series of Preferred Stock shall be designated and known as “Series A B Preferred Stock.” The number of shares constituting the Series A B Preferred Stock shall be of four million five three hundred thousand (4,500,0004,300,000) shares. Except as otherwise provided herein, the Series A B Preferred Stock shall, with respect to rights on liquidation, winding up and dissolution, rank pari passu to the common stock, par value $0.00001 0.001 per share (the “Common Stock”) and any other classes of capital stock of the Company.

Appears in 1 contract

Samples: Certificate of Designation (TimefireVR Inc.)

Designation; Rank. This series of Preferred Stock shall be designated and known as “Series A B-1 Preferred Stock.” The number of shares constituting the Series A B-1 Preferred Stock shall be four thirty-two million five hundred thousand (4,500,00032,000,000) shares. Except as otherwise provided herein, the Series A B-1 Preferred Stock shall, with respect to rights on liquidation, winding up and dissolution, rank pari passu to the common stock, par value $0.00001 0.0001 per share (the “Common Stock”) and any other previously issued classes of capital stock of the Company.

Appears in 1 contract

Samples: Certificate of Designation (Spiral Energy Tech., Inc.)

Designation; Rank. This There shall be a series of Preferred Stock shall be preferred stock designated and known as “Series A Preferred Stock.” The ”, and the number of shares constituting such series shall be 20,000 par value $0.001. Such series is referred to herein as the “Series A Preferred Stock”. The Series A Preferred Stock shall be four million five hundred thousand (4,500,000) shares. Except as otherwise provided herein, the Series A Preferred Stock shall, with respect subordinate to rights on liquidation, winding up and dissolution, rank pari passu junior to the common stock, par value $0.00001 per share (the “Common Stock”) and any other classes of capital stock all indebtedness of the CompanyCorporation now or hereafter outstanding.

Appears in 1 contract

Samples: Binding Letter of Intent (Elite Group Inc.)

Designation; Rank. This series of Preferred Stock shall be designated and known as “Series A Preferred Stock.” The number of shares constituting the Series A Preferred Stock shall be four million five hundred one thousand (4,500,0001,000) shares. Except as otherwise provided herein, the Series A Preferred Stock shall, with respect to rights on liquidation, winding up and dissolution, rank pari passu senior to the common stock, par value $0.00001 0.01 per share (the “Common Stock”) and any other classes of capital stock of the Company).

Appears in 1 contract

Samples: Certificate of Designation (NYXIO TECHNOLOGIES Corp)

Designation; Rank. This series of Preferred Stock shall be designated and known as Series A B Preferred Stock.” . The number of shares constituting the Series A B Preferred Stock shall be four million five hundred thousand (4,500,000) 120,000 shares. Except as otherwise provided herein, the Series A B Preferred Stock shall, with respect to rights on liquidation, winding up and dissolution, rank pari passu senior to the common stock, par value $0.00001 0.001 per share (the Common Stock”Stock ) and any other previously issued classes of capital stock of the CompanyCompany (the Junior Securities ).

Appears in 1 contract

Samples: Asset Purchase Agreement (THC Therapeutics, Inc.)

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