Common use of Protective Provisions Clause in Contracts

Protective Provisions. (A) So long as any shares of Preferred Stock are outstanding, the Corporation shall not, without first obtaining the approval (by vote or written consent) of the holders of a majority of the Preferred Stock then outstanding, voting as a single class on an as-converted basis, either directly or by amendment, merger, consolidation or otherwise:

Appears in 2 contracts

Samples: Mavenir Systems Inc, Mavenir Systems Inc

AutoNDA by SimpleDocs

Protective Provisions. (Aa) So long as any shares of Preferred Stock are outstandingoutstanding (as adjusted for stock splits, stock dividends, reclassification and the like), the Corporation shall notnot (by amendment, merger, reclassification, consolidation or otherwise, either directly or indirectly by subsidiary) without first obtaining the approval (by vote or written consent, as provided by law) of the holders of at least a majority of the then outstanding shares of Preferred Stock then outstandingStock, voting together as a single class and on an as-converted basis, either directly or by amendment, merger, consolidation or otherwise:

Appears in 2 contracts

Samples: Convertible Notes Purchase Agreement (Uber Technologies, Inc), Convertible Notes Purchase Agreement (Uber Technologies, Inc)

Protective Provisions. (Aa) So long as any at least 1,000,000 shares of Preferred Stock are outstandingoutstanding (as adjusted for stock splits, stock dividends, reclassification and the like), the Corporation shall notnot (by amendment, merger, consolidation or otherwise) without first obtaining the approval (by vote or written consent, as provided by law) of the holders of a majority of the then outstanding shares of Preferred Stock then outstandingStock, voting together as a single class and on an as-converted basis, either directly or by amendment, merger, consolidation or otherwise:

Appears in 2 contracts

Samples: Preferred Stock Warrant Agreement (Zoosk, Inc), Zoosk, Inc

Protective Provisions. (A) So In addition to voting rights provided by law, so long as any shares of Preferred Stock are outstandingshall be outstanding (as adjusted for all stock splits, stock dividends, consolidations, recapitalizations and reorganizations), the Corporation shall not, without first obtaining the approval (by vote or written consent) consent of the holders of at least a majority of the outstanding shares of Preferred Stock, given in person or by proxy, either in writing or by vote at a meeting called for that purpose at which the holders of the Preferred Stock then outstanding, voting shall vote together as a single separate class on an as-converted basis, either directly or by amendment, merger, consolidation or otherwiseand to the exclusion of all other classes of capital stock of the Corporation:

Appears in 1 contract

Samples: License Agreement (GTX Inc /De/)

Protective Provisions. (A) So Subject to the rights of classes of Preferred Stock which may from time to time come into existence in compliance with Section 7, so long as any shares of Series A Preferred Stock are outstanding, the Corporation Company shall notnot (including through a merger or consolidation with another corporation or otherwise), without first obtaining the approval (by vote or written consent, as provided by law) of the holders of at least a majority of the then outstanding shares of Series A Preferred Stock then outstanding, voting as a single class on an as-converted basis, either directly or by amendment, merger, consolidation or otherwiseStock:

Appears in 1 contract

Samples: Stock Purchase Agreement (Sunstone Hotel Investors Inc)

Protective Provisions. (A) So long as Subject to the rights of any shares additional series of Preferred Stock are which may from time to time come into existence, so long as at least twenty-five percent (25%) of the shares of any series of Preferred Stock remain outstanding, the Corporation this corporation shall not, not without first obtaining the approval (by vote or written consent, as provided by law) of the holders of a majority of the then outstanding shares of Series A, Series B, Series C-1, Series C-2 and Series C-3 Preferred Stock then outstandingStock, voting together as a single class on an as-converted basis, either directly or by amendment, merger, consolidation or otherwiseclass:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Adknowledge Inc)

Protective Provisions. (A) So For so long as any a majority of the shares of Series A-1 Convertible Preferred Stock are issued on the Original Issue Date remain outstanding, the Corporation shall notnot (by amendment, merger, consolidation or otherwise) without first obtaining the approval (by vote or written consent, as provided by law) of the holders of at least a majority of the then outstanding shares of Series A-1 Convertible Preferred Stock then outstandingStock, voting together as a single class on an as-converted basis, either directly or by amendment, merger, consolidation or otherwiseseparate class:

Appears in 1 contract

Samples: Securities Purchase Agreement (Mso Holdings Inc)

Protective Provisions. (A) So long as any shares of Preferred Stock are remain outstanding, the Corporation this corporation shall notnot (including any subsidiary of this corporation) (by amendment, merger, consolidation or otherwise) without first obtaining the approval (by vote or written consent, as provided by law) of the holders of at least a majority of the then outstanding shares of Preferred Stock then outstanding, voting as a single class on an as-converted basis, either directly or by amendment, merger, consolidation or otherwiseStock:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Victory Acquisition Corp)

AutoNDA by SimpleDocs

Protective Provisions. (Aa) So long as any shares of Preferred Stock are outstandingoutstanding (as adjusted for stock splits, stock dividends, reclassification and the like), the Corporation shall notnot (by amendment, merger, reclassification, consolidation or otherwise, either directly or indirectly by subsidiary) without first obtaining the approval (by vote or written consent, as provided by law) of the holders of a majority of the then outstanding shares of Preferred Stock then outstandingStock, voting together as a single class and on an as-converted basis, either directly or by amendment, merger, consolidation or otherwise:

Appears in 1 contract

Samples: Convertible Notes Purchase Agreement (Uber Technologies, Inc)

Protective Provisions. (A) So long as any 2,966,666 shares of ---------------------- Series 1 Preferred Stock are outstandingoutstanding (subject to adjustment for stock dividends, splits or combinations or other recapitalizations), the Corporation shall not, not without first obtaining the approval (approval, by vote or written consent) consent (which consent need not be unanimous and may be obtained without a shareholders' meeting), of the holders of at least a majority of the then outstanding shares of Series 1 Preferred Stock then outstanding, voting as a single class on an as-converted basis, either directly or by amendment, merger, consolidation or otherwiseStock:

Appears in 1 contract

Samples: Preferred Stock and Warrant Purchase Agreement (Soros Fund Management LLC)

Protective Provisions. (A) So long as any shares Subject to the rights of series of Preferred Stock which may from time to time come into existence, so long as at least 1,000,000 shares of Series A Preferred are outstandingoutstanding (as adjusted for stock splits, stock dividends, reclassification and the like with respect to such shares), the Corporation shall notnot (by amendment, merger, consolidation or otherwise) without first obtaining the approval (by vote or written consent, as provided by law) of the holders of at least a majority of the Preferred Stock then outstandingoutstanding shares of Series A Preferred, voting as a single class on an as-converted basis, either directly or by amendment, merger, consolidation or otherwiseseparate class:

Appears in 1 contract

Samples: Master Agreement (Fallbrook Technologies Inc)

Protective Provisions. (A) So long as any at least 2,500,000 shares of --------------------- Preferred Stock are outstandingoutstanding (as adjusted for stock splits, stock dividends or recapitalizations), the Corporation shall not, not without first obtaining the approval (by vote or written consent, as provided by law) of the holders of at least a majority of the then outstanding shares of Preferred Stock then outstandingStock, voting together as a single class on an as-converted basis, either directly or by amendment, merger, consolidation or otherwiseclass:

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Chemdex Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.