Common use of Restrictive Provisions Clause in Contracts

Restrictive Provisions. For so long as the shares of Common Stock issuable upon the conversion of the outstanding Series 2001-A Preferred represent at least 10% of the Company's outstanding Common Stock (treating the outstanding Common Stock and shares of Common Stock issuable upon the conversion of the Series 2001-A Preferred as outstanding in the aggregate), the Company shall not, without first obtaining the affirmative vote or written consent of the holders of at least a majority of the outstanding shares of Series 2001-A Preferred, voting separately as a single class:

Appears in 3 contracts

Samples: Preferred Stock Purchase Agreement (Harolds Stores Inc), Preferred Stock Purchase Agreement (Casey Rebecca Powell), Preferred Stock Purchase Agreement (Inter Him Nv)

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Restrictive Provisions. For so long as the shares of Underlying Common Stock issuable upon the conversion of the outstanding Series 20012003-A Preferred represent in the aggregate at least ten percent (10% %) of the Company's outstanding Common Stock (treating the outstanding Common Stock and all shares of Underlying Common Stock issuable upon the conversion of the Series 2001-A Preferred as outstanding in the aggregate), the Company shall not, without first obtaining the affirmative vote or written consent of the holders of at least a majority of the outstanding shares of the Series 20012003-A Preferred, voting separately together as a single classclass on an as-converted to Common Stock basis:

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Harolds Stores Inc)

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