Dividends in Securities. In case the Company shall declare a dividend or make any other distribution upon any stock of the Company payable in either case in Common Stock or Convertible Securities, such Common Stock or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration.
Appears in 25 contracts
Samples: Warrant Agreement (Canpartners Inc), Warrant Agreement (Western Micro Technology Inc /De), Warrant Agreement (Mai Systems Corp)
Dividends in Securities. In case the Company shall declare a dividend or make any other distribution upon any stock of the Company payable payable, in either case case, in Common Stock or Convertible Securities, such Common Stock or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration.;
Appears in 1 contract
Samples: Northern Way Resources, Inc.
