Common use of Integrated Transactions Clause in Contracts

Integrated Transactions. In case any Common Stock Equivalent (other than Permitted Stock) is issued in connection with the issue or sale of other securities of the Company, together comprising one integrated transaction in which no specific consideration is allocated to such Common Stock Equivalent by the parties thereto, the Common Stock Equivalent will be deemed to have been issued without consideration.

Appears in 5 contracts

Sources: Option to Purchase Shares of Common Stock (Anschutz Philip F), Option to Purchase Shares of Common Stock (Rentech Inc /Co/), Option to Purchase Shares of Common Stock (Forest Oil Corp)

Integrated Transactions. In case any Common Stock Equivalent (other than Permitted Stock) is issued in connection with the issue or sale of other securities of the Company, together comprising one integrated transaction in which no specific consideration is allocated to such Common Stock Equivalent by the parties thereto, the such Common Stock Equivalent will be deemed to have been issued without considerationbe valued at the Fair Market Value.

Appears in 1 contract

Sources: Warrant Agreement (Akrion, Inc.)