Reissuance of Series B Preferred Stock. Any shares of Series B 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 B Preferred Stock following redemption.
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Samples: Securities Purchase Agreement and Investor Agreement (SK Ecoplant Co., Ltd.), Securities Purchase Agreement and Investor Agreement (Bloom Energy Corp)
Reissuance of Series B Preferred Stock. Any shares Shares of Series B Preferred Stock that are redeemed redeemed, converted, or otherwise acquired by the Corporation or any of its subsidiaries Subsidiary 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 sold, or transferred. Neither the Corporation nor any of its subsidiaries may exercise any voting or other rights granted to the holders of Series B Preferred Stock following redemption.
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Samples: Securities Purchase Agreement (First Light Acquisition Group, Inc.)
Reissuance of Series B Preferred Stock. Any shares Shares of Series B Preferred Stock that are redeemed converted or otherwise acquired by the Corporation or any of its subsidiaries shall be automatically and immediately cancelled canceled and retired as authorized and issued shares of capital stock of the Corporation and no such Shares shall not thereafter be reissued, sold sold, or transferred. Neither the Corporation nor any of its subsidiaries may exercise any voting or other rights granted to the holders of Series B Preferred Stock following redemption.
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