Status of Redeemed Shares. Shares of Designated Preferred Stock that are redeemed, repurchased or otherwise acquired by the Issuer shall revert to authorized but unissued shares of Preferred Stock (provided that any such cancelled shares of Designated Preferred Stock may be reissued only as shares of any series of Preferred Stock other than Designated Preferred Stock).
Appears in 42 contracts
Samples: Securities Purchase Agreement, Letter Agreement, Securities Purchase Agreement (Sunshine Bancorp, Inc.)
Status of Redeemed Shares. Shares of Designated Preferred Stock that are redeemed, repurchased or otherwise acquired by the Issuer Corporation shall revert to authorized but unissued shares of Preferred Stock (provided that any such cancelled shares of Designated Preferred Stock may be reissued only as shares of any series of Preferred Stock other than Designated Preferred Stock).
Appears in 30 contracts
Samples: Agreement and Plan of Merger (First Defiance Financial Corp), Securities Purchase Agreement, Securities Purchase Agreement
Status of Redeemed Shares. Shares of Designated Senior Preferred Stock that are redeemed, repurchased or otherwise acquired by the Issuer shall revert to authorized but unissued shares of Preferred Stock undesignated as to series (provided that any such cancelled shares of Designated Senior Preferred Stock may be reissued only as shares of any series of Preferred Stock other than Designated Senior Preferred Stock).
Appears in 4 contracts
Samples: Securities Purchase Agreement (Bancplus Corp), Securities Purchase Agreement (Ponce Financial Group, Inc.), Letter Agreement (Broadway Financial Corp \De\)
Status of Redeemed Shares. Shares of Designated Preferred Stock that are redeemed, repurchased or otherwise acquired by the Issuer Corporation shall revert to authorized but unissued shares of Preferred Stock (provided that any such cancelled shares of Designated Preferred Stock may be reissued only Stock, undesignated as shares of any to series of Preferred Stock other than Designated Preferred Stock)and available for future issuance.
Appears in 2 contracts
Samples: Voting and Termination Agreement (Heartland Financial Usa Inc), Voting and Termination Agreement (Heartland Financial Usa Inc)
Status of Redeemed Shares. Shares of Designated Preferred Stock that are redeemed, repurchased or otherwise acquired by the Issuer shall revert to authorized but unissued shares of Serial Preferred Stock (provided that any such cancelled shares of Designated Preferred Stock may be reissued only as shares of any series of Serial Preferred Stock other than Designated Preferred Stock).
Appears in 1 contract
Samples: Exchange Agreement
Status of Redeemed Shares. Shares of Designated Preferred Stock that are redeemed, repurchased or otherwise acquired by the Issuer Corporation shall revert to authorized but unissued shares of Preferred Stock (provided that any such cancelled shares of Designated Preferred Stock may be reissued only as shares of any series of Preferred Stock other than Designated Preferred Stock).
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Premier Power Renewable Energy, Inc.)
Status of Redeemed Shares. Shares of Designated Series A Preferred Stock that are redeemed, repurchased or otherwise acquired by the Issuer Company shall revert to authorized but unissued shares of Preferred Stock (provided that any such cancelled shares of Designated Preferred Stock may be reissued only as shares of any series of Preferred Stock other than Designated Preferred Stock).
Appears in 1 contract
Samples: Securities Purchase Agreement (United Community Financial Corp)
