Common use of Integrated Transactions Clause in Contracts

Integrated Transactions. In case any Option or Convertible Security is issued in connection with the issue or sale of other securities of the Corporation, together comprising one integrated transaction in which no specific consideration is allocated to such Option or Convertible Security by the parties thereto, the Option or Convertible Security will be deemed to have been issued without consideration.

Appears in 1 contract

Sources: Exchange and Stock Issuance Agreement (Inland Resources Inc)

Integrated Transactions. In case any Option or Convertible Security is issued in connection with the issue or sale of other securities of the CorporationCompany, together comprising compromising one integrated transaction in which no specific consideration is allocated to such Option or Convertible Security by the parties thereto, the Option or Convertible Security will shall be deemed to have been issued without considerationfor a consideration of $.01.

Appears in 1 contract

Sources: Note and Warrant Purchase Agreement (Morton Industrial Group Inc)

Integrated Transactions. In case any Option or Convertible Security is issued in connection with the issue or sale of other equity securities of the CorporationCompany, together comprising one integrated transaction in which no specific consideration is allocated to such Option Options or Convertible Security Securities by the parties thereto, the Option or Options and Convertible Security will Securities shall be deemed to have been issued without consideration.

Appears in 1 contract

Sources: Warrant Agreement (Raybor Management Inc)

Integrated Transactions. In case any Option or Convertible Security is issued in connection with the issue or sale of other securities of the CorporationCompany, together comprising one integrated transaction in which no specific consideration is allocated to such Option Options or Convertible Security Securities by the parties thereto, the Option such Options or Convertible Security Securities, as applicable, will be deemed to have been issued without consideration.

Appears in 1 contract

Sources: Warrant Agreement (U S Aggregates Inc)

Integrated Transactions. In case any Option or Convertible Security is issued in connection with the issue or sale of other securities of the CorporationIssuer, together comprising compromising one integrated transaction in which no specific consideration is allocated to such Option or Convertible Security by the parties thereto, the Option or Convertible Security will shall be deemed to have been issued without considerationfor a consideration of $.01.

Appears in 1 contract

Sources: Warrant Agreement (Cti Industries Corp)