Common use of Preference Shares Clause in Contracts

Preference Shares. The Corporation shall, where this clause is operative, take such steps as may be required or are desirable to effect the conversion of the issued and outstanding Class 3 Preference Shares into Common Shares.

Appears in 3 contracts

Samples: Subscription Agreement (Neulion, Inc.), Subscription Agreement (Neulion, Inc.), Subscription Agreement (Neulion, Inc.)

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Preference Shares. The Corporation shall, where this clause Section is operative, take such steps as may be required or are desirable to effect the conversion of the issued and outstanding Class 3 4 Preference Shares into Common SharesStock.

Appears in 2 contracts

Samples: Subscription Agreement (Neulion, Inc.), Subscription Agreement (Neulion, Inc.)

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