Common use of Distinctive Designations of Series Clause in Contracts

Distinctive Designations of Series. Each series of Preferred ---------------------------------- Stock shall be so designated as to distinguish the shares thereof from the shares of all other series. Different series of Preferred Stock shall not be considered to constitute different voting groups of shares for the purpose of voting by voting groups except as required by the VSCA or as otherwise specified by the Board of Directors with respect to any series at the time of the creation thereof.

Appears in 2 contracts

Samples: Rights Agreement (Arch Chemicals Inc), Rights Agreement (Arch Chemicals Inc)

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Distinctive Designations of Series. Each series of Preferred ---------------------------------- Stock shall be so designated as to distinguish the shares thereof from the shares of all other series. Different series of Preferred Stock shall not be considered to constitute different voting groups of shares for the purpose of voting by voting groups except as required by the VSCA or as otherwise specified by the Board of Directors with respect to any series at the time of the creation thereof.

Appears in 1 contract

Samples: And Restated Agreement (Celtrix Pharmaceuticals Inc)

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Distinctive Designations of Series. Each series of Preferred ---------------------------------- Stock shall be so designated as to distinguish the shares thereof from the shares of all other series. Different series of Preferred Stock shall not be considered to constitute different voting groups of shares for the purpose of voting by voting groups except as required by the VSCA NCBCA or as otherwise specified by the Board of Directors with respect to any series at the time of the creation thereof.

Appears in 1 contract

Samples: Carolina Power & Light Co

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