Common use of Designation, Amount and Par Value Clause in Contracts

Designation, Amount and Par Value. The series of Preferred Stock shall be designated as the Corporation’s Series B Preferred Stock (the “Series B Preferred Stock”) and the number of shares so designated shall be 1,600 (which shall not be subject to increase without any consent of the holders of the Series B Preferred Stock (each a “Holder” and collectively, the “Holders”) that may be required by applicable law. Each share of Series B Preferred Stock shall have a par value of $0.001 per share.

Appears in 1 contract

Sources: Preferred Stock Purchase Agreement (POSITIVEID Corp)

Designation, Amount and Par Value. The series of Preferred Stock shall will be designated as the Corporation’s Series B J Preferred Stock (the “Series B J Preferred Stock”) and the number of shares so designated shall will be 1,600 (1,350, which shall will not be subject to increase without any consent of the holders of the Series B J Preferred Stock (each a “Holder” and collectively, the “Holders”) that may be required by applicable law. Each share of Series B J Preferred Stock shall will have a par value of $0.001 0.0001 per share.

Appears in 1 contract

Sources: Securities Purchase Agreement (Ascent Solar Technologies, Inc.)

Designation, Amount and Par Value. The series of Preferred Stock shall will be designated as the Corporation’s Series B K Preferred Stock (the “Series B K Preferred Stock”) and the number of shares so designated shall will be 1,600 (20,000, which shall will not be subject to increase without any consent of the holders of the Series B K Preferred Stock (each a “Holder” and collectively, the “Holders”) that may be required by applicable law. Each share of Series B K Preferred Stock shall will have a par value of $0.001 0.0001 per share.

Appears in 1 contract

Sources: Securities Purchase Agreement (Ascent Solar Technologies, Inc.)

Designation, Amount and Par Value. The series of Preferred Stock shall will be designated as the Corporation’s Series B H Preferred Stock (the “Series B H Preferred Stock”) and the number of shares so designated shall will be 1,600 (500, which shall will not be subject to increase without any consent of the holders of the Series B H Preferred Stock (each a “Holder” and collectively, the “Holders”) that may be required by applicable law. Each share of Series B H Preferred Stock shall will have a par value of $0.001 per share.

Appears in 1 contract

Sources: Preferred Stock Purchase Agreement (POSITIVEID Corp)

Designation, Amount and Par Value. The series of Preferred Stock preferred stock shall be designated as the Corporation’s its Series B H Convertible Preferred Stock (the “Series B Preferred Stock”) and the number of shares so designated shall be 1,600 up to 9,000,000 (which shall not be subject to increase without any the written consent of all of the holders of the Series B Preferred Stock (each each, a “Holder” and collectively, the “Holders”) that may be required by applicable law)). Each share of Series B Preferred Stock shall have a par value of $0.001 0.00001 per shareshare and a stated value equal to $1.00 (the “Stated Value”).

Appears in 1 contract

Sources: Stock Purchase Agreement (Staffing 360 Solutions, Inc.)

Designation, Amount and Par Value. The series of Preferred Stock shall be designated as the Corporation’s Series B Preferred Stock (the “Series B Preferred Stock”) and the number of shares so designated shall be 1,600 10,000 (which shall not be subject to increase without any the consent of all of the holders of the Series B Preferred Stock (each a “Holder” and collectively, the “Holders”) that may be required by applicable law). Each share of Series B Preferred Stock shall have a par value of $0.001 per share.

Appears in 1 contract

Sources: Preferred Stock Purchase Agreement (Drinks Americas Holdings, LTD)

Designation, Amount and Par Value. The series of Preferred Stock shall will be designated as the Corporation’s Series B A Preferred Stock (the “Series B A Preferred Stock”) and the number of shares so designated shall will be 1,600 (500, which shall will not be subject to increase without any consent of the holders of the Series B A Preferred Stock (each a “Holder” and collectively, the “Holders”) that may be required by applicable law. Each share of Series B A Preferred Stock shall will have a par value of $0.001 per share.

Appears in 1 contract

Sources: Securities Purchase Agreement (Digital Development Group Corp)

Designation, Amount and Par Value. The series of Preferred Stock shall will be designated as the Corporation’s Series B I Preferred Stock (the “Series B I Preferred Stock”) and the number of shares so designated shall will be 1,600 (1,000, which shall will not be subject to increase without any consent of the holders of the Series B I Preferred Stock (each a “Holder” and collectively, the “Holders”) that may be required by applicable law. Each share of Series B I Preferred Stock shall will have a par value of $0.001 0.0001 per share.

Appears in 1 contract

Sources: Securities Purchase Agreement (Ascent Solar Technologies, Inc.)