Common use of Taxes and Costs Clause in Contracts

Taxes and Costs. The Company shall pay all taxes which may be imposed with respect to the issuance and delivery of shares of Common Stock upon conversion of the Series A Stock; provided, however, that the Company shall not be required, in any event, to pay any transfer or other taxes by reason of issuance of such shares of Common Stock in a name or names other than the name of the holder of the Series A Stock surrendered for exchange.

Taxes and Costs. The Company shall pay all taxes which may be imposed with respect to the issuance and delivery of shares of Common Stock upon conversion of the Series A B Stock or conversion of the Series C Stock; provided, however, that the Company shall not be required, in any event, to pay any transfer or other taxes by reason of issuance of such shares of Common Stock in a name or names other than the name of the holder of the Series A B Stock or Series C Stock surrendered for exchange.