Taxes on Conversion. The Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common Stock upon the conversion of this Debenture. However, the Holder shall pay any such tax which is due because the shares are issued in a name other than its name.
Appears in 66 contracts
Samples: Debenture Agreement (Challenger Powerboats, Inc.), Debenture Agreement (Challenger Powerboats, Inc.), Debenture Agreement (Challenger Powerboats, Inc.)
Taxes on Conversion. The Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common Stock upon the conversion of this DebenturePreferred. However, the Holder shall pay any such tax which is due because the shares are issued in a name other than its name.
Appears in 5 contracts
Samples: Convertible Redeemable Preferred Agreement (Challenger Powerboats, Inc.), Convertible Redeemable Preferred Stock Agreement (Challenger Powerboats, Inc.), Convertible Redeemable Preferred Stock Agreement (Challenger Powerboats, Inc.)
Taxes on Conversion. The Company shall pay any documentary, stamp stamp, or similar issue or transfer tax due on the issue of shares of Common Stock its capital stock upon the conversion of this Debenture. However, the Holder shall pay any such tax which is due because the shares are issued in a name other than its nameNote.
Appears in 2 contracts
Samples: Strategic Alliance Agreement (Athersys, Inc / New), Strategic Alliance Agreement (Athersys, Inc / New)
Taxes on Conversion. The Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue issuance of shares of Common Stock upon the conversion of this Debenture. However, the Holder shall pay any such tax which is due because the shares are issued in a name other than its name.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Solar Energy LTD), Stock Purchase Agreement (Solar Energy LTD)
Taxes on Conversion. The Company If a Holder of a Debenture converts it, the Corporation shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common Stock upon the conversion of this Debentureconversion. However, the Holder shall pay any such tax which is due because the shares are issued in a name other than its the Holder's name.
Appears in 2 contracts
Samples: Southwest Water Co, Southwest Water Co
Taxes on Conversion. The Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common Stock upon the conversion of this the Debenture. However, the Holder shall pay any such tax which is due because the shares are issued in a name other than its name.
Appears in 2 contracts
Samples: Convertible Debenture Exchange Agreement (Newave Inc), Convertible Debenture Exchange Agreement (Newave Inc)
Taxes on Conversion. The Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common Stock upon the conversion of this Debenture. However, the Holder shall pay any such tax which is due because the shares are issued in a name other than its name.
Appears in 1 contract
Samples: Swissray International Inc
Taxes on Conversion. The Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common Stock upon the conversion of this Debenture. However, the Holder shall pay any such tax which is due because the shares are issued in a name other than its name. SECTION 3.5.
Appears in 1 contract
Samples: Convertible Securities Subscription Agreement (Bio Plexus Inc)
Taxes on Conversion. The Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares issuance of Common Stock upon the conversion of this Debenture. HoweverThe Holder, the Holder however, shall pay any such tax which is due because the such shares are issued in a name other than its name.
Appears in 1 contract
Samples: Convertible Debentures and Warrants Subscription Agreement (Sterling Vision Inc)
Taxes on Conversion. The Company shall pay any documentary, documentary stamp or similar issue or transfer tax due on the issue of shares of Common Stock upon the conversion of this Debenture. However, the Holder shall pay any such tax which is due because the shares are issued in a name other than its name.
Appears in 1 contract
Taxes on Conversion. The Upon conversion, the Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common Stock upon the conversion of this DebentureShares. However, the Holder shall pay any such tax which is due because the shares Shares are issued in a name other than its the Holder's name.
Appears in 1 contract
Samples: Tarragon Realty Investors Inc
Taxes on Conversion. The Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common Stock upon the conversion of this Debenturea Conversion. However, the Holder shall pay any such tax which is due because the shares are issued in a name other than its name.
Appears in 1 contract
Taxes on Conversion. The Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares issuance of Common Stock upon the conversion of this Debenturethe Security. HoweverThe Holder, the Holder however, shall pay any such tax which is due because the such shares are issued in a name other than its name.
Appears in 1 contract
