Common use of No Reissuance of Redeemable Preferred Stock Clause in Contracts

No Reissuance of Redeemable Preferred Stock. No share or shares of the Redeemable Preferred Stock acquired by the Corporation by reason of redemption, purchase, conversion or otherwise shall be reissued, and all such shares shall be canceled, retired, and eliminated from the shares which the Corporation shall be authorized to issue. The Corporation may from time to time take such appropriate corporate action as may be necessary to reduce the authorized number of shares of the Redeemable Preferred Stock accordingly.

No Reissuance of Redeemable Preferred Stock. No share or shares of the Series A Redeemable Preferred Stock acquired by the Corporation by reason of redemption, purchase, conversion redemption or otherwise shall be reissued, and all such shares shall be canceled, retired, retired and eliminated from the shares which the Corporation shall be authorized to issue. The Corporation may from time to time take such appropriate corporate action as may be necessary to reduce the authorized number of shares of the Redeemable Preferred Stock accordingly.

No Reissuance of Redeemable Preferred Stock. No share or shares of the Redeemable Preferred Stock acquired by the Corporation by reason of redemption, purchase, conversion conversion, exchange or otherwise shall be reissued, and all such shares shall be canceled, retired, retired and eliminated from the shares which the Corporation shall be authorized to issue. The Corporation may from time to time take such appropriate corporate action as may be necessary to reduce the authorized number of shares of the Redeemable Preferred Stock accordingly.

No Reissuance of Redeemable Preferred Stock. No share or shares of the Redeemable Preferred Stock acquired by the Corporation by reason of redemption, purchase, conversion conversion, exchange or otherwise shall be reissued, and all such shares shall be canceled, retired, retired and eliminated from the shares which the Corporation shall be is authorized to issue. The Corporation may from time to time take such appropriate corporate action as may be necessary to reduce the authorized number of shares of the Redeemable Preferred Stock accordingly.