Common use of Subscriptions for Stock Clause in Contracts

Subscriptions for Stock. Unless otherwise provided for in the subscription agreement, subscriptions for shares shall be paid in full at such time, or in such installments and at such times, as shall be determined by the board of directors. Any call made by the board of directors for payment on subscriptions shall be uniform as to all shares of the same class or as to all shares of the same series. In case of default in the payment of any installment or call when such payment is due, the corporation may proceed to collect the amount due in the same manner as any debt due the corporation.

Appears in 18 contracts

Samples: Agreement and Plan of Merger (Equitrans Midstream Corp), Agreement of Merger And (Windy Creek Developments, Inc.), Agreement and Plan of Merger (Kellwood Co)

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Subscriptions for Stock. Unless otherwise provided for in the subscription agreement, subscriptions for shares shall be paid in full at such time, or in such installments and at such times, as shall be determined by the board Board of directorsDirectors. Any call made by the board Board of directors Directors for payment on subscriptions shall be uniform as to all shares of the same class or as to all shares of the same series. In case of default in the payment of any installment or call when such payment is due, the corporation Corporation may proceed to collect the amount due in the same manner as any debt due the corporationCorporation.

Appears in 5 contracts

Samples: Merger Agreement (DEX ONE Corp), Agreement and Plan of Merger (Xplore Technologies Corp), Agreement and Plan of Merger (DEX ONE Corp)

Subscriptions for Stock. Unless otherwise provided for in the applicable subscription agreement, subscriptions for shares shall be paid in full at such time, or in such installments and at such times, as shall be determined by the board of directors. Any call made by the board of directors for payment on subscriptions shall be uniform as to all shares of the same class or as to all shares of the same series. In case of default in the payment of any installment or call when such payment is due, the corporation may proceed to collect the amount due in the same manner as any debt due the corporation.

Appears in 3 contracts

Samples: Lock Up Agreement (Cleantech Acquisition Corp.), Escrow Agreement (Forum Merger II Corp), Agreement and Plan of Merger (TradeUP Acquisition Corp.)

Subscriptions for Stock. Unless otherwise provided for in the subscription agreement, subscriptions for shares shall be paid in full at such time, or in such installments and at such times, as shall be determined by the board of directorsBoard. Any call made by the board of directors Board for payment on subscriptions shall be uniform as to all shares of the same class or as to all shares of the same series. In case of default in the payment of any installment or call when such payment is due, the corporation Corporation may proceed to collect the amount due in the same manner as any debt due the corporationCorporation.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Pacira BioSciences, Inc.), Agreement and Plan of Merger (Flexion Therapeutics Inc), Business Combination Agreement (Pioneer Merger Corp.)

Subscriptions for Stock. Unless otherwise provided for in the any subscription agreement, subscriptions for shares shall be paid in full at such time, or in such installments and at such times, as shall be determined by the board of directors. Any call made by the board of directors for payment on subscriptions shall be uniform as to all shares of the same class or as to all shares of the same series. In case of default in the payment of any installment or call when such payment is due, the corporation may proceed to collect the amount due in the same manner as any debt due the corporation.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Citrix Systems Inc), Agreement and Plan of Merger and Reorganization (IAA, Inc.), Agreement and Plan of Merger and Reorganization (Ritchie Bros Auctioneers Inc)

Subscriptions for Stock. Unless otherwise provided for in the subscription agreement, subscriptions for shares shall be paid in full at such time, or in such installments and at such times, as shall be determined by the board of directors. Any call made by the board of directors for payment on subscriptions shall be uniform as to all shares of the same class or as to all shares of the same series. In case of default in the payment of any installment or call when such payment is due, the corporation Corporation may proceed to collect the amount due in the same manner as any debt due the corporationCorporation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cellular Biomedicine Group, Inc.), Agreement and Plan of Merger (Thorne Healthtech, Inc.)

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Subscriptions for Stock. Unless otherwise provided for in the subscription agreement, subscriptions for shares shall be paid in full at such time, or in such installments and at such times, as shall be determined by the board Board of directors. Any call made by the board of directors for payment on subscriptions shall be uniform as to all shares of the same class or as to all shares of the same seriesDirectors. In case of default in the payment of any installment or call when such payment is due, the corporation may proceed to collect the amount due in the same manner as any debt due the corporation. All calls for payment on subscriptions shall be uniform as to all shares of the same class or of the same series, unless the subscription agreement specifies otherwise.

Appears in 2 contracts

Samples: Option Holder Acknowledgement Agreement (Goodys Family Clothing Inc /Tn), Option Holder Acknowledgement Agreement (Goodys Family Clothing Inc /Tn)

Subscriptions for Stock. Unless otherwise provided for in the subscription agreement, subscriptions for shares shall be paid in full at such time, or in such installments and at such times, times as shall be he determined by the board Board of directorsDirectors. Any call made by the board Board of directors Directors for payment on subscriptions shall be uniform as to all shares of the same class or as to all shares of the same series, as the case may be. In case of default in the payment of any installment or call when such payment is due, . the corporation may proceed to collect the amount due in the same manner as any debt due the corporation.

Appears in 1 contract

Samples: Plan and Agreement of Triangular Merger (Entech Environmental Technologies Inc)

Subscriptions for Stock. Unless otherwise provided for in the any subscription agreement, subscriptions for shares shall be paid in full at such time, or in such installments and at such times, as shall be determined by the board Board of directorsDirectors. Any call made by the board Board of directors Directors for payment on subscriptions shall be uniform as to all shares of the same class or as to all shares of the same series. In case of default in the payment of any installment or call when such payment is due, the corporation Corporation may proceed to collect the amount due in the same manner as any debt due the corporationCorporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (NRG Energy, Inc.)

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