Amendment to the Articles definition
Examples of Amendment to the Articles in a sentence
All such shares shall upon their cancellation become authorized but unissued shares of Preferred Stock and may be reissued as part of a new series of Preferred Stock subject to the conditions and restrictions on issuance set forth herein, in the Articles of Incorporation, or in any other Certificate of Amendment to the Articles of Incorporation or Certificate of Determination creating a series of Preferred Stock or any similar stock or as otherwise required by law.
The foregoing shall be further subject to the terms and conditions of the Amendment to the Articles.
In the event of any conflict between the provisions of this Deposit Agreement and the provisions of the Amendment to the Articles, the provisions of the Amendment to the Articles will govern, and the Company will instruct the Depositary accordingly.
Preferred Shares shall not be convertible into or exchangeable for any other property or securities of the Company, except as provided in the Amendment to the Articles and except that the Preferred Shares will automatically be converted into Excess Preferred Shares in accordance with the Articles of Incorporation as described below in Section 2.11.
The foregoing Amendment to the Articles of Incorporation was proposed by the Board of Directors of the Corporation and submitted to the shareholders of the Corporation in accordance with the Virginia Stock Corporation Act for a vote on , 2012.