Integrated Transactions. In case any Option or Convertible Security is issued in connection with the issue or sale of other securities of the Issuer, together 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 shall be deemed to have been issued for a consideration of $.01.
Appears in 1 contract
Integrated Transactions. In case any Option or Convertible Security is issued in connection with the issue or sale of other securities of the IssuerCompany, together 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 shall be deemed to have been issued for 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 securities of the IssuerCorporation, together compromising 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 shall will be deemed to have been issued for a consideration of $.01without 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 equity securities of the IssuerCompany, together compromising 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 Securities shall be deemed to have been issued for a consideration of $.01without consideration.
Appears in 1 contract