Common use of Cash Consideration Clause in Contracts

Cash Consideration. In case of the issuance of Additional Common Stock for cash, the consideration received by Borrower therefor shall be deemed to be the net cash proceeds received by Borrower for such Additional Common Stock after deducting any commissions or other expenses paid or incurred by Borrower for any underwriting of, or otherwise in connection with the issuance of, such Additional Common Stock.

Appears in 2 contracts

Sources: Convertible Loan and Security Agreement (Covol Technologies Inc), Convertible Loan and Security Agreement (Pacificorp /Or/)

Cash Consideration. In case of the issuance of Additional ------------------ Common Stock for cash, the consideration received by Borrower the Company therefor shall be deemed to be the net cash proceeds received by Borrower the Company for such Additional Common Stock after deducting any commissions or other expenses paid or incurred by Borrower the Company for any underwriting of, or otherwise in connection with the issuance of, such Additional Common Stock.

Appears in 2 contracts

Sources: Purchase Agreement (Westower Corp), Purchase Agreement (Bet Associates Lp)

Cash Consideration. In case of the issuance of Additional Common Stock for cash, the consideration received by Borrower the Company therefor shall be deemed to be the net cash proceeds received by Borrower the Company for such Additional Common Common, Stock after deducting any commissions or other expenses paid or incurred by Borrower the Company for any underwriting of, or otherwise in connection with the issuance of, such Additional Common Stock.

Appears in 1 contract

Sources: Purchase Agreement (Ubiquitel Inc)

Cash Consideration. In case of the issuance of Additional Common ------------------ Stock for cash, the consideration received by Borrower the Company therefor shall be deemed to be the net cash proceeds received by Borrower the Company for such Additional Common Stock after deducting any commissions or other expenses paid or incurred by Borrower the Company for any -27- underwriting of, or otherwise in connection with the issuance of, such Additional Common Stock.

Appears in 1 contract

Sources: Purchase Agreement (Westower Corp)

Cash Consideration. In case of the issuance of Additional Common ------------------ Stock for cash, the consideration received by Borrower the Company therefor shall be deemed to be the net cash proceeds received by Borrower the Company for such Additional Common Stock after deducting any commissions or other expenses paid or incurred by Borrower the Company for any underwriting of, or otherwise in connection with the issuance of, such Additional Common Stock.

Appears in 1 contract

Sources: Purchase Agreement (Bet Associates Lp)