Common use of Taxes on Shares Issued Clause in Contracts

Taxes on Shares Issued. The issue of stock certificates on conversions of this Debenture shall be made without charge to the Holder for any tax in respect of the issue thereof. The Company shall not, however, be required to pay any tax which may be payable in respect of any transfer involved in the issue and delivery of stock in any name other than that of the Holder, and the Company shall not be required to issue or deliver any such 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.

Taxes on Shares Issued. The issue of stock certificates on conversions of this Debenture Debentures shall be made without charge to the Holder converting Debentureholder for any tax in respect of the issue thereof. The Company shall not, however, be required to pay any tax which may be payable in respect of any transfer involved in the issue and delivery of stock in any name other than that of the Holderholder of any Debenture converted, and the Company shall not be required to issue or deliver any such 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.

Taxes on Shares Issued. The issue of stock certificates on conversions of this Debenture Debentures shall be made without charge to the Holder converting Debentureholder for any tax in respect of the issue thereof. The Company shall not, however, be required to pay any tax which may be payable in respect of any transfer involved in the issue and delivery of stock in is any name other than that of the Holderholder of any Debenture converted, and the Company shall not be required to issue or deliver any such 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.

Taxes on Shares Issued. The issue of stock certificates on conversions of this Debenture Debentures shall be made without charge to the converting Holder for any tax in respect of the issue thereof. The Company shall not, however, be required to pay any tax which may be payable in respect of any transfer involved in the issue and delivery of stock in any name other than that of the HolderHolder of any Debenture converted, and the Company shall not be required to issue or deliver any such 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.

Taxes on Shares Issued. The issue of stock certificates on conversions of this Debenture Debentures shall be made without charge to the Holder converting Debenture holder for any tax in respect of the issue thereof. The Company shall not, however, be required to pay any tax which may be payable in respect of any transfer involved in the issue and delivery of stock in any name other than that of the Holderholder of any Debenture converted, and the Company shall not be required to issue or deliver any such 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.

Taxes on Shares Issued. The issue of stock certificates on conversions of this Debenture Debentures shall be made without charge to the Holder converting Debentureholder for any tax in respect of the issue thereof. The Company shall not, however, be required to pay any tax which may be payable in respect of any transfer involved in the issue and delivery of stock in any name other than that of the Holderholder of any Debenture converted, and the Company shall not be required to issue or deliver any such 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.

Taxes on Shares Issued. The issue of stock certificates on conversions of this Debenture Debentures shall be made without charge to the Holder converting Debentureholder for any tax in respect of the issue thereof. The Company shall not, however, be required to pay any tax which may be payable in respect of any transfer involved in the issue and delivery of stock in any name other than that of the Holderholder of any Debenture converted, and the Company shall not be required to issue issue, deliver or deliver cause to be delivered any such 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.

Taxes on Shares Issued. The issue of stock certificates on conversions of this Debenture Debentures shall be made without charge to the Holder converting Debentureholders for any tax in respect of the issue thereof. The Company shall not, however, be required to pay any tax which may be payable in respect of any transfer involved in the issue and delivery of stock in any name other than that of the Holderholder of any Debenture converted, and the Company shall not be required to issue or deliver any such 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.

Taxes on Shares Issued. The issue of stock certificates on ---------------------- conversions of this Debenture Debentures shall be made without charge to the Holder converting Debentureholder for any tax in respect of the issue thereof. The Company shall not, however, be required to pay any tax which may be payable in respect of any transfer involved in the issue and delivery of stock in any name other than that of the Holderholder of any Debenture converted, and the Company shall not be required to issue or deliver any such 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.

Taxes on Shares Issued. The issue of stock certificates on conversions of this Debenture Securities shall be made without charge to the Holder converting Noteholder for any tax in respect of the issue thereof. The Company shall not, however, be required to pay any tax which may be payable in respect of any transfer involved in the issue and delivery of stock in any name other than that of the Holderholder of any Security converted, and the Company shall not be required to issue or deliver any such 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.