Common use of Charter Amendment Clause in Contracts

Charter Amendment. Prior to the Closing, (i) the Company shall have caused the Charter Amendment, to be filed with the Secretary of State of Delaware to increase the number of authorized shares of Common Stock to 519,000,000 and the number of authorized shares of Preferred Stock to 16,000,000 and (ii) the Lenders shall have received confirmation from the Secretary of State of the State of Delaware reasonably satisfactory to them that such filing has occurred.

Appears in 3 contracts

Samples: Exchange Agreement (Phoenix Venture Fund LLC), Exchange Agreement (Phoenix Venture Fund LLC), Exchange Agreement (Communication Intelligence Corp)

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Charter Amendment. Prior to the Closing, (i) the Company shall have caused the Charter Amendment, to be filed with the Secretary of State of Delaware to increase the number of authorized shares of Common Stock to 519,000,000 and the number of authorized shares of Preferred Stock to 16,000,000 and (ii) the Lenders Purchasers shall have received confirmation from the Secretary of State of the State of Delaware reasonably satisfactory to them that such filing has occurred.

Appears in 3 contracts

Samples: Series B Preferred Stock Purchase Agreement (Communication Intelligence Corp), Series B Preferred Stock Purchase Agreement (Phoenix Venture Fund LLC), Series B Preferred Stock Purchase Agreement (Phoenix Venture Fund LLC)

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Charter Amendment. Prior to the Closing, (i) the Company shall have caused the Charter Amendment, to be filed with the Secretary of State of Delaware to increase the number of authorized shares of Common Stock to 519,000,000 1,050,000,000 and the number of authorized shares of Preferred Stock to 16,000,000 24,500,000 and (ii) the Lenders Purchasers shall have received confirmation from the Secretary of State of the State of Delaware reasonably satisfactory to them that such filing has occurred.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Phoenix Venture Fund LLC), Securities Purchase Agreement (Communication Intelligence Corp), Securities Purchase Agreement (Phoenix Venture Fund LLC)

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