Common use of Reissuance Clause in Contracts

Reissuance. No Share or shares of Series A Preferred acquired by the Corporation by reason of conversion or otherwise shall be reissued as Series A Preferred, and all such shares thereafter shall be returned to the status of undesignated and unissued shares of Preferred Stock of the Corporation.

Appears in 3 contracts

Sources: Share Exchange Agreement (China World Trade Corp), Agreement and Plan of Merger (Senticore Inc), Share Exchange Agreement (Patriot Investment Corp)

Reissuance. No Share share or shares of Series A Convertible Preferred acquired by the Corporation by reason of conversion or otherwise shall be reissued as Series A Convertible Preferred, and all such shares thereafter shall be returned to the status of undesignated and unissued shares of Series A Preferred Stock of the Corporation.. Date:

Appears in 1 contract

Sources: Investment Agreement (Artfest International Inc)