Common use of Who Deemed Absolute Owner Clause in Contracts

Who Deemed Absolute Owner. The Corporation may deem the person in whose name the Series B Convertible Preferred Stock shall be registered upon the registry books of the Corporation to be, and may treat it as, the absolute owner of the Series B Convertible Preferred Stock for the purpose of conversion of the Series B Convertible Preferred Stock and for all other purposes, and the Corporation shall not be affected by any notice to the contrary. All such payments and such conversion shall be valid and effectual to satisfy and discharge the liability upon the Series B Convertible Preferred Stock to the extent of the sum or sums so paid or the conversion so made.

Who Deemed Absolute Owner. The Corporation may deem the person Person in whose name the Series B Convertible A Preferred Stock shall be registered upon the registry books of the Corporation to be, and may treat it as, the absolute owner of the Series B Convertible A Preferred Stock for the purpose of receiving payment of dividends on the Series A Preferred Stock, for the conversion of the Series B Convertible A Preferred Stock and for all other purposes, and the Corporation shall not be affected by any notice to the contrary. All such payments and such conversion shall be valid and effectual to satisfy and discharge the liability upon the Series B Convertible A Preferred Stock to the extent of the sum or sums so paid or the conversion so made.

Who Deemed Absolute Owner. The Corporation may deem the person Person in whose name the Series B Convertible Preferred Stock shall be registered upon the registry books of the Corporation to be, and may treat it as, the absolute owner of the Series B Convertible Preferred Stock for the purpose of receiving payment of dividends on the Series B Preferred Stock, for the conversion of the Series B Convertible Preferred Stock and for all other purposes, and the Corporation shall not be affected by any notice to the contrary. All such payments and such conversion shall be valid and effectual to satisfy and discharge the liability upon the Series B Convertible Preferred Stock to the extent of the sum or sums so paid or the conversion so made.

Who Deemed Absolute Owner. The Corporation may deem the person Person in whose name the Series B Convertible D Preferred Stock shall be registered upon the registry books of the Corporation to be, and may treat it as, the absolute owner of the Series B Convertible D Preferred Stock for the purpose of receiving payment of dividends on the Series D Preferred Stock, for the conversion of the Series B Convertible D Preferred Stock and for all other purposes, and the Corporation shall not be affected by any notice to the contrary. All such payments and such conversion shall be valid and effectual to satisfy and discharge the liability upon the Series B Convertible D Preferred Stock to the extent of the sum or sums so paid or the conversion so made.

Who Deemed Absolute Owner. The Corporation may deem the person Person in whose name the Series B Convertible C Preferred Stock shall be registered upon the registry books of the Corporation to be, and may treat it as, the absolute owner of the Series B Convertible C Preferred Stock for the purpose of receiving payment of dividends on the Series C Preferred Stock, for the conversion of the Series B Convertible C Preferred Stock and for all other purposes, and the Corporation shall not be affected by any notice to the contrary. All such payments and such conversion shall be valid and effectual to satisfy and discharge the liability upon the Series B Convertible C Preferred Stock to the extent of the sum or sums so paid or the conversion so made.

Who Deemed Absolute Owner. The Corporation may deem the person in whose name the Series B E Convertible Preferred Stock shall be registered upon the registry books of the Corporation to be, and may treat it as, the absolute owner of the Series B E Convertible Preferred Stock for the purpose of conversion of the Series B E Convertible Preferred Stock and for all other purposes, and the Corporation shall not be affected by any notice to the contrary. All such payments and such conversion shall be valid and effectual to satisfy and discharge the liability upon the Series B E Convertible Preferred Stock to the extent of the sum or sums so paid or the conversion so made.

Who Deemed Absolute Owner. The Corporation may deem the person Person in whose name the Series B Convertible I Preferred Stock shall be registered upon the registry books of the Corporation to be, and may treat it as, the absolute owner of the Series B Convertible I Preferred Stock for the purpose of receiving payment of dividends on the Series I Preferred Stock, for the conversion of the Series B Convertible I Preferred Stock and for all other purposes, and the Corporation shall not be affected by any notice to the contrary. All such payments and such conversion shall be valid and effectual to satisfy and discharge the liability upon the Series B Convertible I Preferred Stock to the extent of the sum or sums so paid or the conversion so made.

Who Deemed Absolute Owner. The Corporation may deem the person Person in whose name the Series B Convertible ___ Preferred Stock shall be registered upon the registry books of the Corporation to be, and may treat it as, the absolute owner of the Series B Convertible ___ Preferred Stock for the purpose of receiving payment of dividends on the Series ___ Preferred Stock, for the conversion of the Series B Convertible ___ Preferred Stock and for all other purposes, and the Corporation shall not be affected by any notice to the contrary. All such payments and such conversion shall be valid and effectual to satisfy and discharge the liability upon the Series B Convertible ___ Preferred Stock to the extent of the sum or sums so paid or the conversion so made.

Who Deemed Absolute Owner. The Corporation may deem the person in whose name the Series B D Convertible Preferred Stock shall be registered upon the registry books of the Corporation to be, and may treat it as, the absolute owner of the Series B D Convertible Preferred Stock for the purpose of conversion of the Series B D Convertible Preferred Stock and for all other purposes, and the Corporation shall not be affected by any notice to the contrary. All such payments and such conversion shall be valid and effectual to satisfy and discharge the liability upon the Series B D Convertible Preferred Stock to the extent of the sum or sums so paid or the conversion so made.

Who Deemed Absolute Owner. The Corporation may deem the person in whose name the Series B G Convertible Preferred Stock shall be registered upon the registry books of the Corporation to be, and may treat it as, the absolute owner of the Series B G Convertible Preferred Stock for the purpose of conversion of the Series B G Convertible Preferred Stock and for all other purposes, and the Corporation shall not be affected by any notice to the contrary. All such payments and such conversion shall be valid and effectual to satisfy and discharge the liability upon the Series B G Convertible Preferred Stock to the extent of the sum or sums so paid or the conversion so made.

Who Deemed Absolute Owner. The Corporation may deem the person in whose name the Series B F Convertible Preferred Stock shall be registered upon the registry books of the Corporation to be, and may treat it as, the absolute owner of the Series B F Convertible Preferred Stock for the purpose of conversion of the Series B F Convertible Preferred Stock and for all other purposes, and the Corporation shall not be affected by any notice to the contrary. All such payments and such conversion shall be valid and effectual to satisfy and discharge the liability upon the Series B F Convertible Preferred Stock to the extent of the sum or sums so paid or the conversion so made.

Who Deemed Absolute Owner. The Corporation may deem the person in whose name the Series B C Convertible Preferred Stock shall be registered upon the registry books of the Corporation to be, and may treat it as, the absolute owner of the Series B C Convertible Preferred Stock for the purpose of conversion of the Series B C Convertible Preferred Stock and for all other purposes, and the Corporation shall not be affected by any notice to the contrary. All such payments and such conversion shall be valid and effectual to satisfy and discharge the liability upon the Series B C Convertible Preferred Stock to the extent of the sum or sums so paid or the conversion so made.