Common use of Taxes on Conversion Clause in Contracts

Taxes on Conversion. If a Holder of a Security converts it, 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. However, the Holder shall pay any such tax which is due because the shares are issued in a name other than the Holder's name.

Appears in 8 contracts

Samples: Rights Agreement, Agreement (Excel Legacy Corp), Indenture (Continental Homes Holding Corp)

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Taxes on Conversion. If a Holder of a Security converts it, the Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common Stock or such other security upon the conversion. However, the Holder shall pay any withholding tax or any such tax which that is due because the shares are issued in a name other than the Holder's ’s name.

Appears in 7 contracts

Samples: Indenture (Amerada Hess Corp), Indenture (LTC Properties Inc), Indenture (LTC Properties Inc)

Taxes on Conversion. If a Holder of a Security converts itits Security, 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. However, the Holder shall pay any such tax which is due because the shares are issued in a name other than the Holder's name.

Appears in 7 contracts

Samples: Tia Indenture (Ivax Corp /De), Indenture (Charming Shoppes Inc), Indenture (Gilead Sciences Inc)

Taxes on Conversion. If a Holder of a Security converts it, the Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common [Preferred] [Common] Stock upon the conversion. However, the Holder shall pay any such tax which is due because the shares are issued in a name other than the Holder's name.

Appears in 3 contracts

Samples: Del Webb Corp, Del Webb Corp, Del Webb Corp

Taxes on Conversion. If a Holder of a Security converts itits Security, the Company shall pay any documentary, stamp or similar issue or transfer tax or duty due on the issue issue, if any, of shares of Common Stock upon such conversion, unless the conversion. However, the Holder shall pay any such tax which is due because the such Holder requests any such shares are to be issued in a name other than the such Holder's ’s name, in which case such holder shall pay such tax. Nothing herein shall preclude any tax withholding required by law or regulation.

Appears in 2 contracts

Samples: First Supplemental Indenture (Jefferies Group Inc /De/), Indenture (Jefferies Group Capital Finance Inc.)

Taxes on Conversion. If a Holder of a Security converts it, 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. However, the The Holder shall pay any such tax which is due because the shares are issued in a name other than the such Holder's name’s.

Appears in 2 contracts

Samples: Indenture (Citadel Broadcasting Corp), Citadel Broadcasting Corp

Taxes on Conversion. If a Holder of a Security converts itits Security, the Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common Stock Shares upon the conversion. However, the Holder shall pay any such tax which is due because the shares are issued in a name other than the Holder's name.

Appears in 1 contract

Samples: Axcan Pharma Inc

Taxes on Conversion. If a Holder of submits a Security converts itfor 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. However, the Holder shall pay any such tax which is due because the Holder requests the shares are to be issued in a name other than the Holder's name.other

Appears in 1 contract

Samples: Tenth Supplemental Indenture (Royal Caribbean Cruises LTD)

Taxes on Conversion. If a Holder of a Security converts itits Security, 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. However, the Holder shall pay any such tax which is due because the shares are issued in a name other than the Holder's ’s name.

Appears in 1 contract

Samples: Protein Design Labs Inc/De

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Taxes on Conversion. If a Holder of converts a Security converts itSecurity, the Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Class A Common Stock upon the conversion. However, the Holder shall pay any such tax which is due because the shares are issued in a name other than the Holder's name.the

Appears in 1 contract

Samples: Health Management Associates Inc

Taxes on Conversion. If a Holder of a Security converts it, the Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common Stock or such other security upon the conversion. However, the Holder shall pay any withholding tax or any such tax which that is due because the shares are issued in a name other than the Holder's name.

Appears in 1 contract

Samples: Amerada Hess Corp

Taxes on Conversion. If a Holder of a Security converts itits Security, the Company shall pay any documentary, stamp or similar issue or transfer tax or duty due on the issue issue, if any, of shares of Common Stock upon the conversion. However, the Holder shall pay any such tax which is due because the shares are issued in a name other than the Holder's name.the

Appears in 1 contract

Samples: Indenture (Toreador Resources Corp)

Taxes on Conversion. If a Holder of converts a Security converts itSecurity, the Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common Stock upon the such conversion. However, the Holder shall pay any such tax which is due because the Holder requests the shares are to be issued in a name other than the Holder's name.in

Appears in 1 contract

Samples: Costco Companies Inc

Taxes on Conversion. If a Holder of a Security converts it, 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. However, the The Holder shall pay any such tax which that is due because the shares are issued in a name other than the such Holder's name's.

Appears in 1 contract

Samples: Icos Corp / De

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