Common use of Authorized Amount Clause in Contracts

Authorized Amount. There are hereby authorized 25,000,000 shares of Series A Preferred Shares, subject to this Description. The Series A Preferred shall have a $0.0001 par value per share and a $10.00 liquidation or stated value per share (the “Stated Value”).

Appears in 2 contracts

Samples: Stock Purchase Agreement (China Tel Group Inc), Stock Purchase Agreement (Asia Special Situation Acquisition Corp)

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Authorized Amount. There are hereby authorized 25,000,000 shares of Series A Preferred SharesStock, subject to this Description. The Series A Preferred shall have a $0.0001 par value per share and a $10.00 liquidation or stated value per share (the “Stated Value”).

Appears in 2 contracts

Samples: Stock Purchase Agreement (Asia Special Situation Acquisition Corp), Stock Purchase Agreement (China Tel Group Inc)

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