No Approval Required. No approval of the Company’s Board shall be required to convert any of the Preferred Shares or exercise any of the Warrants; provided, however, any such conversion or exercise shall be made in compliance with the Beneficial Ownership Limitation and with applicable law including any regulatory notices or approvals.
Appears in 6 contracts
Samples: Warrant Agreement (Supertel Hospitality Inc), Common Stock Purchase Warrant (Supertel Hospitality Inc), Common Stock Purchase Warrant (Supertel Hospitality Inc)