Common use of Status of Reacquired Shares Clause in Contracts

Status of Reacquired Shares. Shares of Series A Preferred Stock which have been issued and reacquired by the corporation in any manner shall (upon compliance with any applicable provisions of law) have the status of authorized and unissued shares of Preferred Stock, issuable in series, undesignated as to series, and may be redesignated and reissued.

Appears in 1 contract

Samples: Stock Purchase Agreement (Group Long Distance Inc)

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Status of Reacquired Shares. Shares of Series A Preferred Stock which have been issued and reacquired by the corporation in any manner (including by conversion) shall (upon compliance with any applicable provisions of lawthe laws of the State of Delaware) have the status of authorized and unissued shares of Preferred Stock, Stock issuable in series, series undesignated as to series, Series A Preferred Stock and may be redesignated and reissued.

Appears in 1 contract

Samples: Securities Purchase Agreement (Amcon Distributing Co)

Status of Reacquired Shares. Shares of Series A Preferred Stock which have been issued and reacquired by the corporation in any manner or converted shall (upon compliance with any applicable provisions of lawthe laws of the State of Delaware) not be reissued as Series A Preferred Stock, but shall have the status of authorized and unissued shares of Preferred Stock, issuable in series, undesignated as to series, and may be redesignated and reissued.and

Appears in 1 contract

Samples: Series a Non Voting 4% Cumulative Convertible Preferred Stock Exchange Agreement (Comprehensive Care Corp)

Status of Reacquired Shares. Shares of Series A D Preferred Stock which have been issued and reacquired by the corporation in any manner shall (upon compliance with any applicable provisions of lawthe laws of the State of Delaware) have the status of authorized and unissued shares of Series D Preferred Stock, Stock issuable in series, series undesignated as to series, series and may be redesignated and reissued.

Appears in 1 contract

Samples: Merger Agreement (Diplomat Corp)

Status of Reacquired Shares. Shares of Series A B Preferred Stock which have been issued and reacquired by the corporation in any manner or which shall have been converted into Common Stock shall (upon compliance with any applicable provisions of lawthe laws of the State of Delaware) have the status of authorized and unissued shares Preferred Stock of Preferred Stock, issuable in series, the Corporation undesignated as to series, series and may be redesignated as to series and reissued.

Appears in 1 contract

Samples: Exchange Agreement (AgeX Therapeutics, Inc.)

Status of Reacquired Shares. Shares of Series A Preferred Stock which have been issued and reacquired by the corporation in any manner or which shall have been converted into Common Stock shall (upon compliance with any applicable provisions of lawthe laws of the State of California) have the status of authorized and unissued shares Preferred Stock of Preferred Stock, issuable in series, the Corporation undesignated as to series, series and may be redesignated as to series and reissued.

Appears in 1 contract

Samples: Series a Convertible Preferred Stock Purchase Agreement (Biotime Inc)

Status of Reacquired Shares. Shares of Series A Preferred Stock which have been issued and reacquired by the corporation in any manner shall (upon compliance with any applicable provisions of lawthe laws of the State of Delaware) have the status of authorized and unissued shares of Preferred Stock, Stock issuable in series, series undesignated as to series, series and may be redesignated and reissued.

Appears in 1 contract

Samples: Merger Agreement (Kushi Natural Foods Corp)

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Status of Reacquired Shares. Shares of Series A Preferred Stock which have been issued and reacquired by the corporation in any manner or which shall have been converted into Common Stock shall (upon compliance with any applicable provisions of lawthe laws of the State of Delaware) have the status of authorized and unissued shares Preferred Stock of Preferred Stock, issuable in series, the Corporation undesignated as to series, series and may be redesignated as to series and reissued.

Appears in 1 contract

Samples: Exchange Agreement (AgeX Therapeutics, Inc.)

Status of Reacquired Shares. Shares of Series A E Preferred Stock which have been issued and converted or reacquired by the corporation in any manner shall (upon compliance with any applicable provisions of lawthe laws of the State of Delaware) have the status of authorized and unissued shares of Preferred Stock, Stock issuable in series, series undesignated as to series, series and may be redesignated and reissued.

Appears in 1 contract

Samples: Stock Purchase Agreement (Rodman & Renshaw Capital Group Inc)

Status of Reacquired Shares. Shares of Series A Preferred Stock which that have been issued and reacquired by the corporation in any manner shall (upon compliance with any applicable provisions of lawthe laws of the State of Delaware) have the status of authorized and unissued shares of Preferred Stock, Stock issuable in series, series undesignated as to series, series and may be redesignated and reissued.

Appears in 1 contract

Samples: Exchange Agreement (Azurix Corp)

Status of Reacquired Shares. Shares of Series A Preferred Stock which have been issued and reacquired by the corporation in any manner shall (upon compliance with any applicable provisions of lawthe Laws of the State of Delaware) have the status of authorized and unissued shares of Preferred Stock, Stock issuable in series, series undesignated as to seriesseries and, and subject to the provisions hereof, may be redesignated and reissued.

Appears in 1 contract

Samples: Purchase Agreement (Westwood One Inc /De/)

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