Common use of Taxes and Charges Clause in Contracts

Taxes and Charges. The issuance of certificates for Common Stock upon the conversion of principal and/or interest under the Note shall be made without charge to the converting Lender for such certificates or for any tax in respect of the issuance of such certificates or the securities represented thereby, and such certificates shall be issued in the respective names of, or in such names as may be directed by, the Lender converting principal and/or interest; provided, however, that the Borrower shall not be required to pay any tax which may be payable in respect of any transfer involved in the issuance and delivery of any such certificate in a name other than that of the converting Lender, and the Borrower shall not be required to issue or deliver such certificates unless or until the Person or Persons requesting the issuance thereof shall have paid to the Borrower the amount of such tax or shall have establish to the satisfaction of the Borrower that such tax has been paid.

Appears in 2 contracts

Samples: Credit Agreement (Gulfport Energy Corp), Credit Agreement (Gulfport Energy Corp)

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Taxes and Charges. The issuance of certificates for shares of Common Stock upon the conversion of principal and/or interest under the Note Securities shall be made without charge to the converting Lender Holder of Securities for such certificates or for any tax in respect of the issuance of such certificates or the securities represented thereby, and such certificates shall be issued in the respective names of, or in such names as may be directed by, the Lender converting principal and/or interestHolders of the Securities converted; provided, however, that the Borrower Company shall not be required to pay any tax which may be payable in respect of any transfer involved in the issuance and delivery of any such certificate in a name other than that of the converting LenderHolder of the Security converted, and the Borrower Company shall not be required to issue or deliver such certificates unless or until the Person or Persons requesting the issuance thereof shall have paid to the Borrower Company the amount of such tax or shall have establish established to the satisfaction of the Borrower Company that such tax has been paid.

Appears in 2 contracts

Samples: Indenture (Offshore Logistics Inc), Phoenix Duff & Phelps Corp

Taxes and Charges. The issuance of certificates for Common Stock upon the conversion of principal and/or interest under the Note Notes shall be made without charge to the converting Lender Holder of Notes for such certificates or for any tax in respect of the issuance of such certificates or the securities represented thereby, and such certificates shall be issued in the respective names of, or in such names as may be directed by, the Lender converting principal and/or interestHolders of the Notes being converted; provided, however, that the Borrower Company shall not be required to pay any tax which may be payable in respect of any transfer involved in the issuance and delivery of any such certificate in a name other than that of the converting LenderHolder of the Note converted, and the Borrower Company shall not be required to issue or deliver such certificates unless or until the Person or Persons requesting the issuance thereof shall have paid to the Borrower Company the amount of such tax or shall have establish established to the satisfaction of the Borrower Company that such tax has been paid.

Appears in 1 contract

Samples: Securities Purchase Agreement (Uniview Technologies Corp)

Taxes and Charges. The issuance of certificates for evidencing shares of Common Stock upon the conversion of principal and/or interest under the Note Securities shall be made without charge to the converting Lender Holder of Securities for such certificates or for any tax in respect of the issuance of such certificates or the securities represented evidenced thereby, and such certificates shall be issued in the respective names of, or in such names as may be directed by, the Lender converting principal and/or interestHolders of the Securities converted; provided, however, that the Borrower Company shall not be required to pay any tax which may be payable in respect of any transfer involved in the issuance and delivery of any such certificate in a name other than that of the converting LenderHolder of the Security converted, and the Borrower Company shall not be required to issue or deliver such certificates unless or until the Person or Persons requesting the issuance thereof shall have paid to the Borrower Company the amount of such tax or shall have establish established to the satisfaction of the Borrower Company that such tax has been paid.. SECTION 4.11

Appears in 1 contract

Samples: Laboratory Corp of America Holdings

Taxes and Charges. The issuance of certificates for shares of Common Stock upon the conversion of principal and/or interest under the Note this Debenture shall be made without charge to the converting Lender holder of the Debenture for such certificates or for any tax in respect of the issuance of such certificates or the securities represented thereby, and such certificates shall be issued in the respective names of, or in such names as may be directed by, the Lender converting principal and/or interestholder of this Debenture; provided, however, that the Borrower Company shall not be required to pay any tax which may be payable in respect of to any transfer involved in the issuance and delivery of any such certificate in a name other than that of the converting Lenderholder of this Debenture, and the Borrower Company shall not be required to issue or deliver such certificates unless or until the Person person or Persons persons requesting the issuance thereof shall have paid to the Borrower Company the amount of such tax or shall have establish established to the satisfaction of the Borrower Company that such tax has been paid.

Appears in 1 contract

Samples: Debenture Purchase Agreement (Barringer Technologies Inc)

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Taxes and Charges. The issuance of certificates for shares of Common Stock upon the conversion of principal and/or interest under the Note Securities shall be made without charge to the converting Lender Holder of Securities for such certificates or for any tax in respect of the issuance of such certificates or the securities represented thereby, and such certificates shall be issued in the respective names of, ; or in such names as may be directed by, the Lender converting principal and/or interestHolders of the Securities converted; provided, however, that the Borrower Company shall not be required to pay any tax which may be payable in respect of any transfer involved in the issuance and delivery of any such certificate in a name other than that of the converting LenderHolder of the Security converted, and the Borrower Company shall not be required to issue or deliver such certificates unless or until the Person or Persons requesting the issuance thereof shall have paid to the Borrower Company the amount of such tax or shall have establish established to the satisfaction of the Borrower Company that such tax has been paid.

Appears in 1 contract

Samples: Phoenix Companies Inc/De

Taxes and Charges. The issuance of certificates for shares of Common Stock upon the conversion of principal and/or interest under the Note Securities shall be made without charge to the converting Lender Holder of Securities for such certificates or for any tax in respect of the issuance of such certificates or the securities represented thereby, and such certificates shall be issued in the respective names of, or in such names as may be directed by, the Lender converting principal and/or interestHolders of the Securities converted; provided, however, that the Borrower Issuer shall not be required to pay any tax which may be payable in respect of any transfer involved in the issuance and delivery of any such certificate in a name other than that of the converting LenderHolder of the Security converted, and the Borrower Issuer shall not be required to issue or deliver such certificates unless or and until the Person or Persons requesting the issuance thereof shall have paid to the Borrower Issuer the amount of such tax or shall have establish established to the satisfaction of the Borrower Issuer that such tax has been paid.

Appears in 1 contract

Samples: Southwestern Financial (Ich Corp /De/)

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