Common use of Status of Cancelled Shares Clause in Contracts

Status of Cancelled Shares. Shares of Series A Preferred Stock which have been converted, redeemed, repurchased or otherwise acquired by the Company or cancelled shall be retired, not be reissued as such and, following the filing of any certificate required by the DGCL, have the status of authorized and unissued shares of Preferred Stock, without designation as to series until such shares are once more, subject to SECTION 4, designated as part of a particular series by the Board.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Power One Inc), Registration Rights Agreement (Power One Inc)

AutoNDA by SimpleDocs

Status of Cancelled Shares. Shares of Series A Preferred Stock which have been converted, redeemed, repurchased or otherwise acquired by the Company or cancelled shall be retired, not be reissued as such retired and, following the filing of any certificate required by the DGCL, have the status of authorized and unissued shares of Preferred Stock, without designation as to series series, until such shares are once more, subject to SECTION 4, more designated by the Board as part of a particular series by of Preferred Stock of the BoardCorporation.

Appears in 2 contracts

Samples: Share Repurchase Agreement (Daseke, Inc.), Share Repurchase Agreement (Daseke, Inc.)

Status of Cancelled Shares. Shares of Series A Preferred Stock which have been converted, redeemed, repurchased or otherwise acquired by the Company or cancelled shall be retired, not be reissued as such retired and, following the filing of any certificate required by the DGCL, have the status of authorized and unissued shares of Series A Preferred Stock, without designation as to series until such shares are once more, subject to SECTION 4, designated as part of a particular series by the Board.

Appears in 2 contracts

Samples: Securities Purchase Agreement (GTT Communications, Inc.), Securities Purchase Agreement (GTT Communications, Inc.)

Status of Cancelled Shares. Shares of Series A B Preferred Stock which have been converted, redeemed, repurchased or otherwise acquired by the Company or cancelled shall be retired, not be reissued as such and, following the filing of any certificate required by the DGCL, have the status of authorized and unissued shares of Preferred Stock, without designation as to series until such shares are once more, subject to SECTION 4, designated as part of a particular series by the Board.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Power One Inc)

Status of Cancelled Shares. Shares of Series A C Preferred Stock which have been converted, redeemed, repurchased or otherwise acquired by the Company or cancelled shall be retired, not be reissued as such and, following the filing of any certificate required by the DGCL, have the status of authorized and unissued shares of Preferred Stock, without designation as to series until such shares are once more, subject to SECTION 4, designated as part of a particular series by the Board.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Power One Inc)

Status of Cancelled Shares. Preferred Shares of Series A Preferred Stock which have been converted, redeemed, repurchased repurchased, or otherwise acquired by the Company or cancelled shall be retired, not be reissued as such retired and, following the filing of any certificate required by the DGCL, have the status of authorized and unissued shares of Preferred Stock, without designation as to series series, until such shares are once more, subject to SECTION 4, more designated by the Board as part of a particular series by of Preferred Stock of the BoardCompany.

Appears in 1 contract

Samples: Securities Purchase Agreement (NOODLES & Co)

AutoNDA by SimpleDocs

Status of Cancelled Shares. Preferred Shares of Series A Preferred Stock which have been converted, redeemed, repurchased or otherwise acquired by the Company or cancelled shall be retired, not be reissued as such retired and, following the filing of any certificate required by the DGCL, have the status of authorized and unissued shares of Preferred Stock, without designation as to series series, until such shares are once more, subject to SECTION 4, more designated by the Board as part of a particular series by of Preferred Stock of the BoardCompany.

Appears in 1 contract

Samples: Securities Purchase Agreement (Harbinger Group Inc.)

Status of Cancelled Shares. Shares of Series A B Preferred Stock which have been converted, redeemed, repurchased or otherwise acquired by the Company or cancelled shall be retired, not be reissued as such and, following the filing of any certificate required by the DGCL, retired and have the status of authorized and unissued shares of Preferred Stock, without designation as to series until such shares are once more, subject to SECTION the limitations contained in 4, designated as part of a particular series by the Board.

Appears in 1 contract

Samples: Participating Preferred Stock Purchase Agreement (Reliant Energy Inc)

Status of Cancelled Shares. Shares of Series A C Preferred Stock which have been converted, redeemed, repurchased or otherwise acquired by the Company or cancelled shall be retired, not be reissued as such retired and, following the filing of any certificate required by the DGCL, have the status of authorized and unissued shares of Preferred Stock, without designation as to series until such shares are once more, subject to SECTION 4, designated as part of a particular series Series by the Board.

Appears in 1 contract

Samples: Preferred Stock Rights Agreement (Elevation Partners, L.P.)

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