Consideration Other Than Cash. For purposes of this Section 5.4, if a part or all of the consideration received by the Corporation in connection with the issuance of shares of the Common Stock or the issuance of any of the securities described in this Section 5.4 consists of property other than cash, such consideration shall be deemed to have a fair market value as is reasonably determined in good faith by the Board of Directors of the Corporation in a written resolution.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Infonautics Inc)
Consideration Other Than Cash. For purposes pirposes of this Section 5.4, if a part or all of the consideration received by the Corporation in connection with the issuance of shares of the Common Stock or the issuance of any of the securities described in this Section 5.4 consists of property other than cash, such consideration shall be deemed to have a fair market value as is reasonably determined in good faith by the Board of Directors of the Corporation in a written resolution.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Ibs Interactive Inc)
Consideration Other Than Cash. For purposes of this Section 5.4A5.3, if a part or all of the consideration received by the Corporation in connection with the issuance of shares of the Common Stock or the issuance of any of the securities described in this Section 5.4 A5.3 consists of property other than cash, such consideration shall be deemed to have a fair market value as is reasonably determined in good faith by the Board of Directors of the Corporation in a written resolutionCorporation.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Emerge Interactive Inc)
Consideration Other Than Cash. For purposes of this Section 5.4B5.3, if a part or all of the consideration received by the Corporation in connection with the issuance of shares of the Common Stock or the issuance of any of the securities described in this Section 5.4 B5.3 consists of property other than cash, such consideration shall be deemed to have a fair market value as is reasonably determined in good faith by the Board of Directors of the Corporation in a written resolutionCorporation.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Emerge Interactive Inc)
Consideration Other Than Cash. For purposes of this Section 5.4C5.3, if a part or all of the consideration received by the Corporation in connection with the issuance of shares of the Common Stock or the issuance of any of the securities described in this Section 5.4 C5.3 consists of property other than cash, such consideration shall be deemed to have a fair market value as is reasonably determined in good faith by the Board of Directors of the Corporation in a written resolutionCorporation.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Emerge Interactive Inc)
Consideration Other Than Cash. For purposes of this Section 5.43.02, if a ----------------------------- ------------ part or all of the consideration received by the Corporation Company in connection with the issuance of shares of the Common Stock or the issuance of any of the securities described in this Section 5.4 3.02 consists ------------ of property other than cash, such consideration shall be deemed to have a fair market value as is reasonably determined in good faith by the Board of Directors of the Corporation in a written resolutionCompany.
Appears in 1 contract
