Common use of Record Date Deemed Issue Date Clause in Contracts

Record Date Deemed Issue Date. In case the Company shall take a record of the Holders of shares of its stock of any class for the purpose of entitling them (a) to receive a dividend or a distribution payable in Common Stock or in Convertible Securities, or (b) to subscribe for, purchase or otherwise acquire Common Stock or Convertible Securities, then such record date shall be deemed to be the date of the issue or sale of the Common Stock issued or sold or deemed to have been issued or sold upon the declaration of such dividend or the making of such other distribution, or the date of the granting of such rights of subscription, purchase or other acquisition, as the case may be.

Appears in 6 contracts

Samples: Unit Purchase Agreement (Logimetrics Inc), Purchase Agreement (Logimetrics Inc), Cramer Rosenthal McGlynn LLC /Adv

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Record Date Deemed Issue Date. In case the Company shall take a record of the Holders of shares of its stock of any class for the purpose of entitling them (a) to receive a dividend or a distribution payable in Common Stock Shares or in Convertible Securities, or (b) to subscribe for, purchase or otherwise acquire Common Stock Shares or Convertible Securities, then such record date shall be deemed to be the date of the issue or sale of the Common Stock Shares issued or sold or deemed to have been issued or sold upon the declaration of such dividend or the making of such other distribution, or the date of the granting of such rights of subscription, purchase or other acquisition, as the case may be.

Appears in 3 contracts

Samples: Lasalle Hotel Properties, Lasalle Hotel Properties, Lasalle Hotel Properties

Record Date Deemed Issue Date. In case the Company shall take a record of the Holders holders of shares of its stock of any class for the purpose of entitling them (a) to receive a dividend or a distribution payable in Common Stock or in Convertible Securities, or (b) to subscribe for, purchase or otherwise acquire Common Stock or Convertible Securities, then such record date shall be deemed to be the date of the issue or sale of the Common Stock issued or sold or deemed to have been issued or sold upon the declaration of such dividend or the making of such other distribution, or the date of the granting of such rights of subscription, purchase or other acquisition, as the case may be.

Appears in 2 contracts

Samples: Stock Option Agreement (Logimetrics Inc), Logimetrics Inc

Record Date Deemed Issue Date. In case the Company shall take a ----------------------------- record of the Holders of shares of its stock of any class for the purpose of entitling them (a) to receive a dividend or a distribution payable in Common Stock Shares or in Convertible Securities, or (b) to subscribe for, purchase or otherwise acquire Common Stock Shares or Convertible Securities, then such record date shall be deemed to be the date of the issue or sale of the Common Stock Shares issued or sold or deemed to have been issued or sold upon the declaration of such dividend or the making of such other distribution, or the date of the granting of such rights of subscription, purchase or other acquisition, as the case may be.

Appears in 2 contracts

Samples: Lasalle Hotel Properties, Lasalle Hotel Properties

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Record Date Deemed Issue Date. In case the Company shall take a record of the Holders holders of shares of its stock of any class for the purpose of entitling them (ai) to receive a dividend or a distribution payable in Common Stock or in Convertible Securities, or (bii) to subscribe for, purchase or otherwise acquire Common Stock or of Convertible Securities, then such record date shall be deemed to be the date of the issue or sale of the Common Stock issued or sold or deemed to have been issued or sold upon the declaration of such dividend or the making of such other distribution, or the date of the granting of such rights of or subscription, purchase or of other acquisition, as the case may be.

Appears in 1 contract

Samples: Warrant Agreement (Career Education Corp)

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