Common use of Certificates of Designation Clause in Contracts

Certificates of Designation. At the Effective Time, the Board of --------------------------- Directors of the Surviving Corporation shall authorize the designation of three series of preferred stock, $0.01 par value (collectively, the "Merger Preferred Stock"), of the Surviving Corporation so as to permit the Surviving Corporation to issue the shares of Merger Preferred Stock pursuant to Sections 1.10 and 1.11 hereof, and the Surviving Corporation shall file with the Delaware Secretary of State immediately following the Effective Time a certificate of designations (the "Certificates of Designation") with respect to each series of Merger Preferred Stock pursuant to the Delaware Code.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Ginsburg Scott K), Agreement and Plan of Merger (Evergreen Media Corp), Agreement and Plan of Merger (Ginsburg Scott K)

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Certificates of Designation. At the Effective Time, the Board of --------------------------- Directors of the Surviving Corporation shall authorize the designation of three series of preferred stock, $0.01 par value (collectively, the "Merger Preferred Stock"), of the Surviving Corporation so as to permit the Surviving Corporation to issue the shares of Merger Preferred Stock pursuant to Sections 1.10 and 1.11 hereof, and the Surviving Corporation shall file with the Delaware Secretary of State immediately following the Effective Time a certificate of designations (the "Certificates of Designation") with respect to each series of Merger Preferred Stock pursuant to the Delaware Code.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Chancellor Broadcasting Co /De/)

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