Common use of Redeemed or Otherwise Acquired Shares Clause in Contracts

Redeemed or Otherwise Acquired Shares. Any shares of Series I Preferred Stock that are redeemed or otherwise acquired by the Corporation or any of its subsidiaries shall be held by the Corporation as treasury stock that may be reissued, sold or transferred in the discretion of the Board or, by resolution of the Board, be cancelled and retired. Neither the Corporation nor any of its subsidiaries may exercise any voting or other rights granted to the Holders of Series I Preferred Stock following redemption.

Redeemed or Otherwise Acquired Shares. Any shares of Series I Preferred Stock that are redeemed or otherwise acquired by the Corporation or any of its subsidiaries shall will be held by the Corporation as treasury stock that may automatically and immediately cancelled and retired and will not be reissued, sold or transferred in the discretion of the Board or, by resolution of the Board, be cancelled and retiredtransferred. Neither the Corporation nor any of its subsidiaries may exercise any voting or other rights granted to the Holders holders of Series I Preferred Stock following redemption.

Redeemed or Otherwise Acquired Shares. Any shares of Series I A Preferred Stock that are redeemed or otherwise acquired by the Corporation or any of its subsidiaries shall be held by the Corporation as treasury stock that may be reissued, sold or transferred in the discretion of the Board or, by resolution of the Board, be cancelled and retired. Neither the Corporation nor any of its subsidiaries may exercise any voting or other rights granted to the Holders of Series I A Preferred Stock following redemption.