Common use of Effectiveness of Amendment No Clause in Contracts

Effectiveness of Amendment No. If the requisite percentage of Purchasers agree to and execute this Amendment No. 6 pursuant to the Agreement, then this Amendment No. 6 shall become effective upon the filing of an amendment to the Sixth Amended and Restated Certificate of Incorporation that provides for an increase in the number of shares of the Company’s authorized preferred stock designated as Series D Preferred Stock from 3,500,000 shares to 4,000,000 shares. Notwithstanding any provision to the contrary in the Agreement or this Amendment No. 6, until the preceding conditions have been satisfied, this Amendment No. 6 shall not become effective.

Appears in 1 contract

Sources: Securities Purchase Agreement (Metropcs Communications Inc)

Effectiveness of Amendment No. If the requisite percentage of Purchasers agree to and execute this Amendment No. 6 pursuant to the Agreement, then this Amendment No. 6 shall become effective upon the filing of an amendment to the Sixth Amended and Restated Certificate of Incorporation that provides for an increase in the number of shares of the Company’s 's authorized preferred stock designated as Series D Preferred Stock from 3,500,000 shares to 4,000,000 shares. Notwithstanding any provision to the contrary in the Agreement or this Amendment No. 6, until the preceding conditions have been satisfied, this Amendment No. 6 shall not become effective.. ARTICLE II

Appears in 1 contract

Sources: Securities Purchase Agreement (Metropcs Communications Inc)