Common use of Taxes on Shares Issued Clause in Contracts

Taxes on Shares Issued. Any issue of shares of Common Stock upon the conversion of Notes shall be made without charge to the converting Holder for any documentary, transfer, stamp or any similar tax in respect of the issue thereof, and the Company shall pay any and all documentary, stamp or similar issue or transfer taxes or duties that may be payable in respect of the issue or delivery of shares of Common Stock, if any, upon conversion of Notes pursuant hereto. The Company shall not, however, be required to pay any such tax which may be payable in respect of any transfer involved in the issue and delivery of shares in any name other than that of the Holder of any Notes converted, and, in addition to any other requirements or conditions set forth herein, the Company shall not be required to issue or deliver any such shares unless and until the Person or Persons requesting the issue thereof shall have paid to the Company the amount of such tax or shall have established to the satisfaction of the Company that such tax has been paid.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Graf Acquisition Corp. IV), Senior Convertible Note Purchase Agreement (Scynexis Inc), Senior Convertible Note Purchase Agreement (Scynexis Inc)

AutoNDA by SimpleDocs

Taxes on Shares Issued. Any issue of shares stock certificates on conversions of Common Stock upon the conversion of Notes Securities shall be made without charge to the converting Holder for any documentary, transfer, stamp or any similar issue or transfer tax in respect of the issue thereof, and the Company shall pay any and all documentary, stamp or similar issue or transfer taxes or duties that may be payable in respect of the issue or delivery of shares of Common Stock, if any, upon Stock on conversion of Notes Securities pursuant hereto. The Company shall not, however, be required to pay any such tax which may be payable in respect of any transfer involved in the issue and delivery of shares Common Stock in any name other than that of the Holder Holder, and any tax imposed by any taxing authority outside of the United States as a result of any Notes convertedaction by the Holder, and, in addition to any other requirements or conditions set forth herein, and the Company shall not be required to issue or deliver any such shares stock certificate unless and until the Person or Persons requesting the issue thereof shall have paid to the Company the amount of such tax or shall have established to the satisfaction of the Company that such tax has been paid.

Appears in 3 contracts

Samples: Indenture (Xilinx Inc), Indenture (Verisign Inc/Ca), Indenture (Microchip Technology Inc)

Taxes on Shares Issued. Any issue of shares of Common Stock upon the conversion exchanges of Notes shall be made without charge to the converting exchanging Holder for any documentary, transfer, stamp or any similar tax in respect of the issue thereof, and the Company shall pay any and all documentary, stamp or similar issue or transfer taxes or duties that may be payable in respect of the issue or delivery of shares of Common Stock, if any, Stock upon conversion exchange of Notes pursuant hereto. The Company shall not, however, be required to pay any such tax which may be payable in respect of any transfer involved in the issue and delivery of shares of Common Stock in any name other than that of the Holder of any Notes convertedexchanged, and, in addition to any other requirements or conditions set forth herein, and the Company shall not be required to issue or deliver any such shares of Common Stock unless and until the Person or Persons requesting the issue thereof shall have paid to the Company the amount of such tax or shall have established to the satisfaction of the Company that such tax has been paid.

Appears in 2 contracts

Samples: Indenture (Redwood Trust Inc), Indenture (Redwood Trust Inc)

Taxes on Shares Issued. Any issue of shares stock certificates on conversions of Common Stock upon the conversion of Notes Securities shall be made without charge to the converting Holder for any documentary, transfer, stamp or any similar issue or transfer tax in respect of the issue thereof, and the Company shall pay any and all documentary, stamp or similar issue or transfer taxes or duties that may be payable in respect of the issue or delivery of shares of Common Stock, if any, upon Stock on conversion of Notes Securities pursuant hereto. The Company shall not, however, be required to pay any such tax which may be payable in respect of any transfer involved in the issue and delivery of shares of Common Stock in any name other than that of the Holder of any Notes Securities converted, and, in addition to any other requirements or conditions set forth herein, and the Company shall not be required to issue or deliver any such shares stock certificate unless and until the Person person or Persons persons requesting the issue thereof shall have paid to the Company the amount of such tax or shall have established to the satisfaction of the Company that such tax has been paid.

Appears in 2 contracts

Samples: Indenture (GMX Resources Inc), Cash America International Inc

AutoNDA by SimpleDocs

Taxes on Shares Issued. Any issue of shares of Common Stock upon the conversion share certificates on exchanges of Notes shall be made without charge to the converting exchanging Holder for any documentary, transfer, stamp or any similar tax in respect of the issue thereof, and the Company shall pay any and all documentary, stamp or similar issue or transfer taxes or duties that may be payable in respect of the issue or delivery of shares of Common Stock, if any, upon conversion Stock on exchange of Notes pursuant hereto. The Company shall not, however, be required to pay any such tax which may be payable in respect of any transfer involved in the issue and delivery of shares in any name other than that of the Holder of any Notes convertedexchanged, and, in addition to any other requirements or conditions set forth herein, and the Parent and the Company shall not be required to issue or deliver deliver, as applicable, any such shares share certificate unless and until the Person or Persons requesting the issue thereof shall have paid to the Company the amount of such tax or shall have established to the satisfaction of the Company that such tax has been paid.

Appears in 1 contract

Samples: Indenture (Oclaro, Inc.)

Taxes on Shares Issued. Any issue of shares share certificates on conversions of Common Stock upon the conversion of Notes Note shall be made without charge to the converting Holder for any documentary, transfer, stamp or any similar tax in respect of the issue thereof, and the Company shall pay any and all documentary, stamp or similar issue or transfer taxes or duties that may be payable in respect of the issue or delivery of shares of Common Stock, if any, upon Stock on conversion of Notes Note pursuant hereto. The Company shall not, however, be required to pay any such tax which may be payable in respect of any transfer involved in the issue and delivery of shares in any name other than that of the Holder of any Notes the Note converted, and, in addition to any other requirements or conditions set forth herein, the Company shall not be required to issue or deliver any such shares share certificate unless and until the Person or Persons requesting the issue thereof shall have paid to the Company the amount of such tax or shall have established to the satisfaction of the Company that such tax has been paid.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Kingold Jewelry, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.