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 in any manner or which shall have been converted into Common Stock shall (upon compliance with any applicable provisions of the laws of the State of Delaware) have the status of authorized and unissued Preferred Stock of the Corporation undesignated as to series and may be redesignated as to series and reissued.

Appears in 1 contract

Samples: Exchange Agreement (AgeX Therapeutics, Inc.)

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

Appears in 1 contract

Samples: Securities Purchase Agreement (Draupnir LLC)

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

Appears in 1 contract

Samples: Agreement and Plan of Merger (Diplomat Corp)

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

Appears in 1 contract

Samples: Preferred Stock Exchange Agreement (Comprehensive Care Corp)

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

Appears in 1 contract

Samples: Securities Purchase Agreement (Amcon Distributing Co)

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

Appears in 1 contract

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

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

Appears in 1 contract

Samples: Agreement and Plan of Merger (Kushi Natural Foods Corp)

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

Appears in 1 contract

Samples: Exchange Agreement (AgeX Therapeutics, Inc.)

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