Protective Provision. So long as shares of Series C-IV Preferred Stock are outstanding, the Company shall not without first obtaining the approval (by vote or written consent, as provided by the Delaware General Corporation Law) of the holders of at least a majority of the then outstanding shares of Series C-IV Preferred Stock:
Appears in 2 contracts
Samples: Deferred Pricing Agreement (On2com Inc), Deferred Pricing Agreement (Citigroup Inc)
Protective Provision. So long as shares of Series C-IV B Preferred Stock are outstanding, the Company Corporation shall not not, without first obtaining the approval (by vote or written consent, as provided by the Delaware General Corporation Law) of the holders Holders of at least a majority seventy-five percent (75%) of the then outstanding shares of Series C-IV B Preferred Stock:
Appears in 2 contracts
Samples: Securities Purchase Agreement (Diamond I, Inc.), Securities Purchase Agreement (NewMarket Technology Inc)
Protective Provision. So long as shares of Series C-IV V Preferred Stock are outstanding, the Company shall not without first obtaining the approval (by vote or written consent, as provided by the Delaware General Corporation Law) of the holders of at least a majority of the then outstanding shares of Series C-IV V Preferred Stock:
Appears in 2 contracts
Samples: Deferred Pricing Agreement (Citigroup Inc), Deferred Pricing Agreement (On2com Inc)
Protective Provision. (a) So long as shares of Series C-IV A Preferred Stock are outstanding, the Company Corporation shall not without first obtaining the approval (by vote note or written consent, as provided by the Delaware General Corporation LawLaw of Delaware) of the holders of at least a majority sixty-six percent (66%) of the then outstanding shares of Series C-IV A Preferred Stock:
Appears in 1 contract
Samples: Securities Purchase Agreement (FriendFinder Networks Inc.)