Common use of Uncertificated Shares Clause in Contracts

Uncertificated Shares. The Shares will be issued as uncertificated securities and will constitute book-entry securities. Accordingly, no stock certificates representing the Shares will be issued and such stock certificates will not be available for physical delivery. Share records will be centralized and recorded electronically in a system managed by the Company’s transfer agent.

Appears in 6 contracts

Sources: Flash Cf Preferred Stock Subscription Agreement, Flash Cf Preferred Stock Subscription Agreement, Flashseed Preferred Stock Subscription Agreement

Uncertificated Shares. The Conversion Shares will may be issued as uncertificated securities and will and, if so issued, would constitute book-entry securities. Accordingly, no stock certificates representing the Conversion Shares will would be issued and such stock certificates will would not be available for physical delivery. Conversion Share records will be centralized and recorded electronically in a system managed by the Company’s transfer agent.

Appears in 3 contracts

Sources: Flash Convertible Security Subscription Agreement, Flash Convertible Security Subscription Agreement, Flash Convertible Security Subscription Agreement

Uncertificated Shares. The Conversion Shares will may be issued as uncertificated securities and will and, if so issued, would constitute book-entry securities. Accordingly, no stock certificates representing the Conversion Shares will would be issued and such stock certificates will would not be available for physical delivery. Share records will would be centralized and recorded electronically in a system managed by the Company’s transfer agent.

Appears in 1 contract

Sources: Flash Convertible Security Subscription Agreement