Common use of Reissuance of Series A Preferred Stock Clause in Contracts

Reissuance of Series A Preferred Stock. Any shares of Series A Preferred Stock that are redeemed or otherwise acquired by the Corporation or any of its subsidiaries shall be automatically and immediately cancelled and retired and shall not be reissued, sold or transferred. Neither the Corporation nor any of its subsidiaries may exercise any voting or other rights granted to the holders of Series A Preferred Stock following redemption.

Reissuance of Series A Preferred Stock. Any shares Shares of Series A Preferred Stock that are redeemed redeemed, converted or otherwise acquired by the Corporation or any Subsidiary of its subsidiaries the Corporation shall be automatically and immediately cancelled and retired as authorized and issued shares of capital stock of the Corporation and no such Shares shall not thereafter be reissued, sold or transferred. Neither the Corporation nor any of its subsidiaries may exercise any voting or other rights granted to the holders of Series A Preferred Stock following redemption.

Reissuance of Series A Preferred Stock. Any No shares of Series A Preferred Stock that which are redeemed redeemed, purchased or otherwise acquired by the Corporation or any of its subsidiaries shall be automatically and immediately cancelled and retired and shall not be reissued, sold or transferred. Neither and all such shares shall be canceled and eliminated from the shares which the Corporation nor any of its subsidiaries may exercise any voting or other rights granted shall be authorized to the holders of Series A Preferred Stock following redemptionissue.

Reissuance of Series A Preferred Stock. Any shares Shares of Series A Preferred Stock that are redeemed redeemed, converted or otherwise acquired by the Corporation Company or any of its subsidiaries shall be Subsidiary shall, automatically and immediately without further action, be cancelled and retired promptly after the acquisition thereof and shall not be reissued, sold or transferred. Neither the Corporation nor any become authorized but unissued shares of its subsidiaries may exercise any voting or other rights granted to the holders of Series A Preferred Stock following redemptionand may be reissued as part of any class or series of Preferred Stock in accordance with the Articles of Incorporation and this Certificate of Designation.