Common use of Restrictions and Limitations Clause in Contracts

Restrictions and Limitations. (a) So long as any shares of Preferred Stock remain outstanding, the Corporation shall not, without the vote or written consent by the holders of at least a majority of the then outstanding shares of Preferred Stock voting as a single class, except as otherwise required by law:

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (TVN Entertainment Corp)

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Restrictions and Limitations. (a) So long as any shares of the Series A Preferred Stock remain outstanding, the Corporation this corporation shall not, without first obtaining the approval (by vote or written consent consent, as provided by law) of the holders of at least a majority of the then outstanding total number of shares of Series A Preferred Stock voting as a single class, except as otherwise required by lawoutstanding:

Appears in 1 contract

Samples: Employment Agreement (Access Beyond Inc)

Restrictions and Limitations. (a) So long as at least any shares of Series C Preferred Stock remain outstanding, the Corporation shall not, without the vote or written consent by the holders of at least a majority of the then outstanding shares of Series C Preferred Stock voting as a single class, except as otherwise required by lawStock:

Appears in 1 contract

Samples: Stock Purchase Agreement (Paradigm Technology Inc /De/)

Restrictions and Limitations. (a) So long as any shares of the Series A Preferred Stock remain outstanding, the Corporation shall not, not without the affirmative vote or written consent by of the holders of at least a majority two-thirds in interest of the then outstanding shares of Series A Preferred Stock voting as a single class, except as otherwise required by lawStock:

Appears in 1 contract

Samples: Stock Purchase and Shareholders Agreement (Bsquare Corp /Wa)

Restrictions and Limitations. (a) So long as at least any shares of Series B Preferred Stock remain outstanding, the Corporation shall not, without the vote or written consent by the holders of at least a majority of the then outstanding shares of Series B Preferred Stock voting as a single class, except as otherwise required by lawStock:

Appears in 1 contract

Samples: Stock Purchase Agreement (Paradigm Technology Inc /De/)

Restrictions and Limitations. (a) So long as any shares of Preferred Stock remain outstanding, the Corporation shall not, without the vote or written consent by the holders of at least a majority 66 and 2/3% of the then outstanding shares of the Series A Preferred Stock Stock, voting together as a single class, except as otherwise required by law:

Appears in 1 contract

Samples: Securities Purchase Agreement (Atlantic International Entertainment LTD)

Restrictions and Limitations. (a) So long as any shares of Series A Preferred Stock remain outstanding, the Corporation Company shall not, without the vote or written consent by the holders of at least a majority fifty-one (51%) percent of the then outstanding shares of Series A Preferred Stock voting as a single class, except as otherwise required by lawStock:

Appears in 1 contract

Samples: Share Exchange Agreement (Max Development Inc)

Restrictions and Limitations. (a) So long as any shares of Series A Preferred Stock remain outstandingoutstanding (as appropriately adjusted for stock splits, stock dividends and the like) or until the closing by the Corporation of a Qualified Public Offering, the Corporation shall not, without the approval by vote or written consent by of the holders of at least a majority of the then outstanding shares of Series A Preferred Stock Stock, voting as a single separate class, except as otherwise required by law:

Appears in 1 contract

Samples: Subscription Agreement and Plan of Merger (Proquest Co)

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Restrictions and Limitations. (a) So long as at least any shares of Series A Preferred Stock remain outstanding, the Corporation shall not, without the vote or written consent by the holders of at least a majority of the then outstanding shares of Series A Preferred Stock voting as a single class, except as otherwise required by lawStock:

Appears in 1 contract

Samples: Stock Purchase Agreement (Paradigm Technology Inc /De/)

Restrictions and Limitations. (a) So long as any shares of Series A Preferred Stock remain outstanding, the Corporation shall not, without the vote or written consent by the holders of at least a majority in interest of the then outstanding shares of the Series A Preferred Stock voting as a single class, except as otherwise required by lawStock:

Appears in 1 contract

Samples: Stock Purchase Agreement (EWaste Systems, Inc.)

Restrictions and Limitations. (a) So Except as expressly provided herein or as required by law, so long as any shares of the Series A Preferred Stock remain outstanding, the Corporation shall not, and shall not permit any subsidiary (which shall mean any corporation or trust of which the Corporation directly or indirectly owns at the time a majority of the outstanding shares of such corporation or trust entitled to vote in the election of directors) to, without the approval by vote or written consent by the holders of at least a majority 67% of the then outstanding shares of the Series A Preferred Stock, each share of Series A Preferred Stock voting as a single class, except as otherwise required by lawto be entitled to one vote in each instance:

Appears in 1 contract

Samples: Stock Purchase Agreement (GTC Biotherapeutics Inc)

Restrictions and Limitations. (a) So As long as any shares of Series A ---------------------------- Preferred Stock remain shall be issued and outstanding, the Corporation shall not, without first obtaining the approval (by vote or written consent as provided by law) of the holders of at least not less than a majority of the then outstanding total number of shares of the Series A Preferred Stock voting as a single class, except as otherwise required by lawthen outstanding:

Appears in 1 contract

Samples: Share Purchase Agreement (Avenue a Inc)

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