Common use of Increase in Authorized Shares Clause in Contracts

Increase in Authorized Shares. (a) The Company shall as soon as possible and, in any event no later than 90 days following the Closing Date, amend its articles of incorporation in order to increase the number of authorized and available shares of Common Stock to a minimum of 75,000,000 shares of Common Stock.

Increase in Authorized Shares. (a) The Company shall as soon as possible andshall, in any event no later than 90 ninety (90) days following the Initial Closing Date, amend its articles of incorporation in order to increase the number of authorized and available shares of Common Stock to a minimum of 75,000,000 shares of Common Stock.