Common use of Redeemed or Otherwise Acquired Shares Clause in Contracts

Redeemed or Otherwise Acquired Shares. Any Shares which are redeemed or otherwise acquired by the Corporation shall be canceled and shall not be reissued, sold or transferred.

Appears in 2 contracts

Samples: Exhibit Amendment (Osullivan Industries Holdings Inc), Merger Agreement (Osullivan Industries Holdings Inc)

AutoNDA by SimpleDocs

Redeemed or Otherwise Acquired Shares. Any Shares which are redeemed by the Corporation or otherwise acquired by the Corporation or which are converted shall be canceled and retired to “authorized but unissued shares” and shall not be reissued, sold or transferred.

Appears in 1 contract

Samples: Securities Purchase Agreement (Surgery Partners, Inc.)

Redeemed or Otherwise Acquired Shares. Any Shares which are redeemed or otherwise acquired by the Corporation shall be canceled and shall have the status of authorized but unissued shares of Preferred Stock, undesignated as to series, and shall not be reissued, sold or transferredtransferred as Shares of Series A Preferred Stock.

Appears in 1 contract

Samples: Recapitalization Agreement (Us Franchise Systems Inc/)

Redeemed or Otherwise Acquired Shares. Any Shares which are redeemed or otherwise acquired by the Corporation shall will be canceled and shall will not be reissued, sold or transferred.

Appears in 1 contract

Samples: Transaction and Merger Agreement (Ruths Chris Steak House, Inc.)

AutoNDA by SimpleDocs

Redeemed or Otherwise Acquired Shares. Any Shares which are redeemed or otherwise acquired by the Corporation shall be canceled and shall have the status of authorized but unissued shares of Preferred Stock, undesignated as to series, and shall not be reissued, sold or transferredtransferred as Shares of Series B Preferred Stock.

Appears in 1 contract

Samples: Recapitalization Agreement (Us Franchise Systems Inc/)

Redeemed or Otherwise Acquired Shares. Any Shares which are redeemed or otherwise acquired by the Corporation shall be canceled and retired to authorized but unissued shares and shall not be reissued, sold or transferred.

Appears in 1 contract

Samples: Stock Purchase and Contribution Agreement (Komag Inc /De/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!