Noncircumvention Clause Example from Business Contracts

This example Noncircumvention clause appears in 6 contracts from 3 companies

Noncircumvention. The Company hereby covenants and agrees that the Company will not, by amendment of its Certificate of Incorporation, bylaws or through any reorganization, transfer of assets, consolidation, merger, scheme of arrangement, dissolution, issue or sale of securities, or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Certificate of Designations, and will at all times in good faith carry out all the provisions of this Certificate of Designat...ions and take all action as may be required to protect the rights of the Holders. Without limiting the generality of the foregoing or any other provision of this Certificate of Designations, the Company (i) shall not increase the par value of any shares of Common Stock receivable upon the conversion of any Preferred Shares above the Conversion Price then in effect, (ii) shall take all such actions as may be necessary or appropriate in order that the Company may validly and legally issue fully paid and non-assessable shares of Common Stock upon the conversion of Preferred Shares and (iii) shall, so long as any Preferred Shares are outstanding, take all action necessary to reserve and keep available out of its authorized and unissued shares of Common Stock, solely for the purpose of effecting the conversion of the Preferred Shares, the maximum number of shares of Common Stock as shall from time to time be necessary to effect the conversion of the Preferred Shares then outstanding (without regard to any limitations on conversion contained herein). View More
Found in Alliance MMA, Inc. contract
Alliance MMA, Inc. Contracts

Certificate of Designations of Series A Convertible Preferred Stock (Filed With SEC on December 19, 2018)

KinerjaPay Corp. Contracts

Certificate of Designation of Series A Convertible Preferred Stock, dated January 2, 2018 (Filed With SEC on May 8, 2018)

POLARITYTE, INC. Contracts

CERTIFICATE OF DESIGNATIONS, PREFERENCESAND RIGHTS OF THE 0% SERIES A CONVERTIBLE PREFERRED STOCK OF MAJESCO ENTERTAINMENT COMPANY (Filed With SEC on December 18, 2014)

CERTIFICATE OF DESIGNATIONS, PREFERENCES AND RIGHTS OF THE 0% SERIES C CONVERTIBLE PREFERRED STOCK OF MAJESCO ENTERTAINMENT COMPANY (Filed With SEC on June 9, 2015)

CERTIFICATE OF DESIGNATIONS, PREFERENCES AND RIGHTS OF THE 0% SERIES B CONVERTIBLE PREFERRED STOCK OF MAJESCO ENTERTAINMENT COMPANY (Filed With SEC on April 30, 2015)

CERTIFICATE OF DESIGNATIONS, PREFERENCES AND RIGHTS OF THE 0% SERIES C CONVERTIBLE PREFERRED STOCK OF MAJESCO ENTERTAINMENT COMPANY (Filed With SEC on May 21, 2015)