Common use of Consideration Received Clause in Contracts

Consideration Received. If any shares of Common Stock shall be issued and sold in an underwritten public offering, the consideration received by the Company for such shares of Common Stock shall be deemed to include the underwriting discounts and commissions realized by the underwriters of such public offering. If any shares of Common Stock, Options or Convertible Securities shall be issued, sold or distributed for a consideration other than cash, the amount of the consideration other than cash received by the Company in respect thereof shall be deemed to be the then fair market value of such consideration (as determined in good faith by the Board of Directors of the Company). If any Options shall be issued in connection with the issuance and sale of other securities of the Company, together comprising one integral transaction in which no specific consideration is allocated to such Options by the parties thereto, such Options shall be deemed to have been issued, sold or distributed for such amount of consideration as shall be allocated to such Options in good faith by the Board of Directors of the Company.

Appears in 3 contracts

Samples: Unit Purchase Agreement (Hawthorne Financial Corp), Hawthorne Financial Corp, Value Partners LTD /Tx/

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Consideration Received. If any shares of Common Stock shall be issued and sold in an underwritten public offeringoffering or agented private placement, the consideration received by the Company for such shares of Common Stock shall be deemed to include the underwriting discounts and commissions realized by the underwriters or selling agents of such public offering. If any shares of Common Stock, Options or Convertible Securities shall be issued, sold or distributed for a consideration other than cash, the amount of the consideration other than cash received by the Company in respect thereof shall be deemed to be the then fair market value of such consideration (as determined in good faith by the Board of Directors of the Company). If any Options shall be issued in connection with the issuance and sale of other securities of the Company, together comprising one integral transaction in which no specific consideration is allocated to such Options by the parties thereto, such Options shall be deemed to have been issued, sold or distributed for such amount of consideration as shall be allocated to such Options in good faith by the Board of Directors of the Company.

Appears in 2 contracts

Samples: Warrant Agreement (Genesisintermedia Inc), Warrant Agreement (Icahn Carl C Et Al)

Consideration Received. If any shares of Common Stock shall be ---------------------- issued and sold in an underwritten public offering, the consideration received by the Company for such shares of Common Stock shall be deemed to include the underwriting discounts and commissions realized by the underwriters of such public offering. If any shares of Common Stock, Options or Convertible Securities shall be issued, sold or distributed for a consideration other than cash, the amount of the consideration other than cash received by the Company in respect thereof shall be deemed to be the then fair market value of such consideration (as determined in good faith by the Board of Directors of the Company). If any Options shall be issued in connection with the issuance and sale of other securities of the Company, together comprising one integral transaction in which no specific consideration is allocated to such Options by the parties thereto, such Options shall be deemed to have been issued, sold or distributed for such amount of consideration as shall be allocated to such Options in good faith by the Board of Directors of the Company.

Appears in 1 contract

Samples: Warrant Agreement (Systems Applications International Inc)

Consideration Received. If any shares of Common Stock shall be issued and sold by the Company in an underwritten public offeringoffering or agented private placement, the consideration received by the Company for such shares of Common Stock shall be deemed to include the underwriting discounts and commissions realized by the underwriters or selling agents of such public offering. If any shares of Common Stock, Options Warrants or Convertible Securities shall be issued, sold or distributed for a consideration other than cash, the amount of the consideration other than cash received by the Company in respect thereof shall be deemed to be the then fair market value of such consideration (as determined in good faith by the Board of Directors of the Company). If any Options Warrants shall be issued in connection with the issuance and sale of other securities of the Company, together comprising one integral transaction in which no specific consideration is allocated to such Options Warrants by the parties thereto, such Options Warrants shall be deemed to have been issued, sold or distributed for such amount of consideration as shall be allocated to such Options Warrants in good faith by the Board of Directors of the Company.

Appears in 1 contract

Samples: Option Agreement (Icahn Carl C Et Al)

Consideration Received. If any shares of Common Stock shall be issued and sold in an underwritten public offering, the consideration received by the Company Issuer for such shares of Common Stock shall be deemed to include the underwriting discounts and commissions realized by the underwriters of such public offering. If any shares of Common Stock, Options or Convertible Securities shall be issued, sold or distributed for a consideration other than cash, the amount of the consideration other than cash received by the Company Issuer in respect thereof shall be deemed to be the then fair market value of such consideration (as determined in good faith by the Board of Directors of the CompanyIssuer). If any Options shall be issued in connection with the issuance and sale of other securities of the CompanyIssuer, together comprising one integral transaction in which no specific consideration is allocated to such Options by the parties thereto, such Options shall be deemed to have been issued, sold or distributed for such amount of consideration as shall be allocated to such Options in good faith by the Board of Directors of the CompanyIssuer.

Appears in 1 contract

Samples: Indenture (Allstate Financial Corp /Va/)

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Consideration Received. If any shares of Common Stock shall be issued and sold by the Company in an underwritten public offeringoffering or agented private placement, the consideration received by the Company for such shares of Common Stock shall be deemed to include the underwriting discounts and commissions realized by the underwriters or selling agents of such public offering. If any shares of Common Stock, Options Warrants or Convertible Securities shall be issued, sold or distributed for a consideration other than cash, the amount of the consideration other than cash received by the Company in respect thereof shall be deemed to be the then fair market value of such consideration (as determined in good faith by the Board of Directors of the Company). If any Options Warrants shall be issued in connection with the issuance and sale of other securities of the Company, together comprising one integral transaction in which no specific consideration is allocated to such Options Warrants by the parties thereto, such Options Warrants shall be deemed to have been issued, sold or distributed for such amount of consideration as shall be allocated to such Options Warrants in good faith by the Board of Directors of the Company.. (h)

Appears in 1 contract

Samples: Option Agreement (Genesisintermedia Inc)

Consideration Received. If any shares of Common Stock shall be ---------------------- issued and sold in an underwritten public offering, the consideration received by the Company for such shares of Common Stock shall be deemed to include the underwriting discounts and commissions realized by the underwriters of such public offering. If any shares of Common Stock, Options or Convertible Securities shall be issued, sold or distributed for a consideration other than cash, the amount of the consideration other than cash received by the Company in respect thereof shall be deemed to be the then fair market value of such consideration (as determined in good faith by the Board of Directors of the Company). If any Options shall be issued in connection with the issuance and sale of other securities of the Company, together comprising one integral transaction in which no specific consideration is allocated to such Options by the parties thereto, such Options shall be deemed to have been issued, sold or distributed for such amount of consideration as shall be allocated to such Options in good faith by the Board of Directors of the Company.

Appears in 1 contract

Samples: Warrant Agreement (Icf Kaiser International Inc)

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