Common use of Status of Converted Stock Clause in Contracts

Status of Converted Stock. In the event any shares of Series Preferred Stock shall be converted pursuant to Section 4 hereof, the shares so converted shall be cancelled and shall not be issuable by the Corporation. This Restated Certificate shall be appropriately amended to effect the corresponding reduction in the Corporation’s authorized capital stock.

Status of Converted Stock. In the event any shares of Series Preferred Stock shall be converted pursuant to Section 4 hereofof Article III(B) above, the shares so converted shall be cancelled and shall not be issuable by the Corporation. This Restated Certificate shall be appropriately amended to effect the corresponding reduction in the Corporation’s authorized capital stock.

Status of Converted Stock. In the event any shares of Series B Preferred Stock shall be converted pursuant to Section 4 hereof, the shares so converted shall be cancelled canceled and shall not be issuable by the Corporation. This Restated Certificate shall be appropriately amended to effect the corresponding reduction in the Corporation’s authorized capital stockthis corporation.

Status of Converted Stock. In the event case any shares of Series A Preferred Stock shall be converted pursuant to Section 4 hereof, the shares so converted shall be cancelled and canceled, shall not be issuable by reissuable and shall cease to be a part of the authorized capital stock of the Corporation. This Restated Certificate shall be appropriately amended to effect the corresponding reduction in the Corporation’s authorized capital stock.

Status of Converted Stock. In the event any shares of Series A Preferred Stock shall be converted pursuant to Section 4 hereofArticle IV.B.4, the shares so converted shall be cancelled and shall not be issuable by the this Corporation. This Restated Certificate of Incorporation shall be appropriately amended to effect the corresponding reduction in the this Corporation’s authorized capital stock.

Status of Converted Stock. In the event any shares of Series B Preferred Stock shall be converted pursuant to Section 4 hereof, the shares so converted shall be cancelled and shall not be issuable by the Corporation, and any declared but unpaid dividends (whether or not declared) with respect to such converted shares shall be cancelled. This Restated The Certificate shall of Incorporation of the Corporation may be appropriately amended from time to time to effect the corresponding reduction in the Corporation’s 's authorized capital stock.

Status of Converted Stock. In the event any shares of Series B Preferred Stock shall be converted pursuant to Section 4 5 hereof, the shares so converted shall be cancelled and shall not be issuable by the Corporation. This Restated Certificate of Designations shall be appropriately amended to effect the corresponding reduction in the Corporation’s 's authorized capital stock.

Status of Converted Stock. In the event any shares of Series Preferred A Stock shall be converted pursuant to Section 4 hereof, the shares so converted shall be cancelled canceled and shall not be issuable by the Corporation. This Restated The Certificate of Incorporation of the Corporation shall be appropriately amended to effect the corresponding reduction in the Corporation’s 's authorized capital stock.

Status of Converted Stock. In the event any shares of Series any series of Preferred Stock shall be are converted pursuant to Section 4 hereof4.3, the Corporation shall never again issue the shares so converted shall and all such shares so converted shall, upon such conversion, cease to be cancelled and shall not be issuable by a part of the Corporation's authorized stock. This Restated The Corporation's Certificate of Incorporation shall be appropriately amended to effect the corresponding reduction in the Corporation’s 's authorized capital stock.