Common use of Status of Converted Stock Clause in Contracts

Status of Converted Stock. In the event any shares of Series A Preferred Stock shall be converted pursuant to Section 8 hereof, the shares so converted shall be canceled and shall not be issuable by the Corporation.

Appears in 3 contracts

Samples: Merger Agreement (Telik Inc), Merger Agreement (Telik Inc), Merger Agreement (Telik Inc)

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Status of Converted Stock. In the event any shares of Series A Preferred Stock shall be converted pursuant to Section 8 7 hereof, the shares so converted shall be canceled and shall not be issuable by the Corporation.

Appears in 3 contracts

Samples: Agreement of Merger and Plan of Reorganization (Eon Communications Corp), Merger Agreement (Vringo Inc), Merger Agreement (Eon Communications Corp)

Status of Converted Stock. In the event any shares of Series A B Preferred Stock shall be converted pursuant to Section 8 6 hereof, or if the Company has elected to pay cash to such holder pursuant to Section 6(a)(2) in lieu of issuing shares of Common Stock, the shares of Series B Preferred Stock so converted (or for which cash was paid in lieu of conversion) shall be canceled cancelled, shall return to the status of authorized but unissued Preferred Stock of no designated series, and shall not be issuable by the CorporationCompany as Series B Preferred Stock.

Appears in 2 contracts

Samples: Subscription Agreement (Spatializer Audio Laboratories Inc), Subscription Agreement (Spatializer Audio Laboratories Inc)

Status of Converted Stock. In the event any shares of Series A C-IV Preferred Stock shall be converted pursuant to Section 8 hereof7E.4, the shares so converted shall be canceled canceled, shall return to the status of authorized but unissued preferred stock of no designated series, and shall not be issuable by the CorporationCompany as Series C-IV Preferred Stock.

Appears in 2 contracts

Samples: Deferred Pricing Agreement (On2com Inc), Deferred Pricing Agreement (Citigroup Inc)

Status of Converted Stock. In the event any shares of Series A C-V Preferred Stock shall be converted pursuant to Section 8 hereof7F.4, the shares so converted shall be canceled canceled, shall return to the status of authorized but unissued preferred stock of no designated series, and shall not be issuable by the CorporationCompany as Series C-V Preferred Stock.

Appears in 2 contracts

Samples: Deferred Pricing Agreement (Citigroup Inc), Deferred Pricing Agreement (On2com Inc)

Status of Converted Stock. In the event any shares of Series A Preferred Stock shall be converted pursuant to Section 8 4 hereof, the shares so converted shall be canceled and shall not be issuable reissuable by the Corporation.

Appears in 2 contracts

Samples: Preferred Stock and Warrant Purchase Agreement (Metawave Communications Corp), Preferred Stock Purchase Agreement (Wireless Facilities Inc)

Status of Converted Stock. In the event Whenever any shares of Series A Preferred Stock shall be are converted pursuant to Section 8 hereof5, the shares so converted shall be canceled canceled, shall return to the status of authorized but unissued preferred stock of no designated series, and shall not be issuable by the Corporationthis corporation as Series A Preferred.

Appears in 1 contract

Samples: Designation of Powers, Preferences and Rights of Series a Convertible Preferred Stock (Mru Holdings Inc)

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Status of Converted Stock. In the event any shares of Series A Preferred Stock shall be converted pursuant to Section 8 6 hereof, the shares so converted shall be canceled cancelled, and shall return to the status of authorized but unissued Preferred Stock of no designated series, and shall not be issuable by the CorporationCompany as Series A Preferred Stock.

Appears in 1 contract

Samples: Share Exchange Agreement (CREATIVE LEARNING Corp)

Status of Converted Stock. In the event any shares of Series A Y Preferred Stock shall be converted pursuant to Section 8 3 hereof, the shares so converted shall be canceled and shall not be issuable by the Corporation.

Appears in 1 contract

Samples: Series Y Preferred Stock Purchase Agreement (Columbia Capital LLC)

Status of Converted Stock. In the event any shares of the Series A I Preferred Stock shall be converted pursuant to Section 8 hereof7 above, the shares so converted shall be canceled cancelled and shall not be issuable by revert to the CorporationCompany’s authorized but unissued Preferred Stock.

Appears in 1 contract

Samples: Merger Agreement (Bowmo, Inc.)

Status of Converted Stock. In the event any shares of Series A Convertible Preferred Stock shall be converted pursuant to Section 8 6 hereof, the shares so converted shall be canceled and shall not be issuable by the Corporation.

Appears in 1 contract

Samples: Merger Agreement (Document Security Systems Inc)

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