Common use of Tax Withholding Liability Clause in Contracts

Tax Withholding Liability. Payment of the Exercise Price and Tax Withholding Liability shall be made by check or bank draft payable to the order of the Company or by wire transfer to the account of the Company. The shares so -------------------------------------------------------------------------------- AMENDED AND RESTATED COMMON STOCK PURCHASE WARRANT - Page 2 (Dial-Thru International Corporation) purchased shall be deemed to be issued as of the close of business on the date on which the Company shall have received from the Holder payment in full of the Exercise Price and Tax Withholding Liability and the other documents referred to herein (the "Exercise Date"). Notwithstanding the foregoing, Holder shall not be entitled to exercise this Warrant, in whole or in part, unless and until Holder is current in all payment obligations to the Company, whether arising under the Distribution Agreement or otherwise.

Appears in 4 contracts

Samples: Dial Thru International Corp, Dial Thru International Corp, Dial Thru International Corp

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Tax Withholding Liability. Payment of the Exercise Price and Tax Withholding Liability shall be made by check or bank draft payable to the order of the Company or by wire transfer to the account of the Company. The shares so -------------------------------------------------------------------------------- ------------------------------------------------------------------------------- AMENDED AND RESTATED COMMON STOCK PURCHASE WARRANT - Page 2 (Dial-Thru International Corporation) purchased shall be deemed to be issued as of the close of business on the date on which the Company shall have received from the Holder payment in full of the Exercise Price and Tax Withholding Liability and the other documents referred to herein (the "Exercise Date"). Notwithstanding the foregoing, Holder shall not be entitled to exercise this Warrant, in whole or in part, unless and until Holder is current in all payment obligations to the Company, whether arising under the Distribution Agreement or otherwise.

Appears in 2 contracts

Samples: Dial Thru International Corp, Dial Thru International Corp

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Tax Withholding Liability. Payment of the Exercise Price and Tax Withholding Liability shall be made by check or bank draft payable to the order of the Company or by wire transfer to the account of the Company. The shares so -------------------------------------------------------------------------------- ------------------------------------------------------------------------------- AMENDED AND RESTATED COMMON STOCK PURCHASE WARRANT - Page 2 (Dial-Thru International Corporation) the Company or by wire transfer to the account of the Company. The shares so purchased shall be deemed to be issued as of the close of business on the date on which the Company shall have received from the Holder payment in full of the Exercise Price and Tax Withholding Liability and the other documents referred to herein (the "Exercise Date"). Notwithstanding the foregoing, Holder shall not be entitled to exercise this Warrant, in whole or in part, unless and until Holder is current in all payment obligations to the Company, whether arising under the Distribution Agreement or otherwise.

Appears in 2 contracts

Samples: Dial Thru International Corp, Dial Thru International Corp

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