Common use of Stamp or Other Transfer Taxes Clause in Contracts

Stamp or Other Transfer Taxes. Upon any sale of Exchangeable Shares to Source pursuant to the Exchange Right or the Automatic Exchange Rights, the share certificate or certificates representing Source Common Shares to be delivered in connection with the payment of the total purchase price therefor shall be issued in the name of the Beneficiary of the Exchangeable Shares so sold or in such names as such Beneficiary may otherwise direct in writing without charge to the holder of the Exchangeable Shares so sold; provided, however, that such Beneficiary (a) shall pay (and neither Source, Cableshare nor the Trustee shall be required to pay) any documentary, stamp, transfer or other taxes that may be payable in respect of any transfer involved in the issuance or delivery of such shares to a person other than such Beneficiary or (b) shall have evidenced to the satisfaction of the Trustee, Source and Cableshare that such taxes, if any, have been paid. 5.9

Appears in 1 contract

Samples: Trust Agreement (Source Media Inc)

AutoNDA by SimpleDocs

Stamp or Other Transfer Taxes. Upon any sale of Exchangeable Shares to Source RG pursuant to the Exchange Right or the Automatic Exchange RightsRight, the share certificate or certificates representing Source Common RG Shares to be delivered in connection with the payment of the total purchase 112 Table of Contents price therefor shall be issued in the name of the Beneficiary in respect of the Exchangeable Shares so sold or in such names as such Beneficiary may otherwise direct in writing without charge to the holder of the Exchangeable Shares so sold; provided, however, that such Beneficiary (a) shall pay (and neither Sourcenone of RG, Cableshare nor Canco or the Trustee shall be required to pay) any documentary, stamp, transfer or of other taxes that may be payable in respect of any transfer involved in the issuance or delivery of such shares to a person other than such Beneficiary or (b) shall have evidenced to the satisfaction of the Trustee, Source and Cableshare RG that such taxes, if any, have been paid. 5.9.

Appears in 1 contract

Samples: Arrangement Agreement (Royal Gold Inc)

Stamp or Other Transfer Taxes. Upon any sale of Exchangeable Shares to Source Coeur or Coeur ULC pursuant to the Exchange Right or the Automatic Exchange RightsRight, the share certificate or certificates representing Source Coeur Common Shares Stock to be delivered in connection with the payment of the total purchase price therefor shall be issued in the name of the Beneficiary of the Exchangeable Shares so sold or in such names as such Beneficiary may otherwise direct in writing without charge to the holder of the Exchangeable Shares so sold; , provided, however, that such Beneficiary (a) shall pay (and neither Sourcenone of Coeur, Cableshare nor Coeur ULC, Acquisitionco or the Trustee shall be required to pay) any documentary, stamp, transfer or other similar taxes that may be payable in respect of any transfer involved in the issuance or delivery of such shares to a person other than such Beneficiary or (b) shall have evidenced established to the satisfaction of the Trustee, Source Coeur and Cableshare Acquisitionco that such taxes, if any, have been paid. 5.9.

Appears in 1 contract

Samples: Trust Agreement (Coeur D Alene Mines Holdings Co)

Stamp or Other Transfer Taxes. Upon any sale of Exchangeable Shares to Source Redback pursuant to the Exchange Right or the Automatic Exchange Rights, the share certificate or certificates representing Source Redback Common Shares to be delivered in connection with the payment of the total purchase price therefor shall be issued in the name of the Beneficiary of the Exchangeable Shares so sold or in such names as such Beneficiary may otherwise direct in writing without charge to the holder of the Exchangeable Shares so sold; provided, however, that such Beneficiary (a) shall pay (and neither Sourcenone of Redback, Cableshare nor Exchangeco or the Trustee shall be required to pay) any documentary, stamp, transfer or other taxes that may be payable in respect of any transfer involved in the issuance or delivery of such shares to a person other than such Beneficiary or (b) shall have evidenced provided evidence to the satisfaction of the Trustee, Source Redback and Cableshare Exchangeco that such taxes, if any, have been paid. 5.9paid in full.

Appears in 1 contract

Samples: Arrangement Agreement (Redback Networks Inc)

Stamp or Other Transfer Taxes. Upon any sale of Exchangeable Shares to Source Acquirer pursuant to the Exchange Right or the Automatic Exchange Rights, the share certificate or certificates representing Source Common Acquirer Shares to be delivered in connection with the payment of the total purchase price therefor shall be issued in the name of the Beneficiary in respect of the Exchangeable Shares so sold or in such names as such Beneficiary may otherwise direct in writing without charge to the holder of the Exchangeable Shares so sold; provided, however, that such Beneficiary (a) shall pay (and neither Sourcenone of Acquirer, Cableshare nor Canco or the Trustee shall be required to pay) any documentary, stamp, transfer or other taxes that may be payable in respect of any transfer involved in the issuance or delivery of such shares to a person other than such Beneficiary or (b) shall have evidenced to the satisfaction of the Trustee, Source and Cableshare that such taxes, if any, have been paid. 5.9.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Canwest Petroleum Corp)

AutoNDA by SimpleDocs

Stamp or Other Transfer Taxes. Upon any sale of Exchangeable Shares to Source the Parent pursuant to the Exchange Right or the Automatic Exchange Rights, the share certificate or certificates representing Source the Parent Common Shares to be delivered in connection with the payment of the total purchase price therefor shall be issued in the name of the Beneficiary of the Exchangeable Shares so sold or in such names as such Beneficiary may otherwise direct in writing without charge to the holder of the Exchangeable Shares so sold; , provided, however, that such Beneficiary (a) shall pay (and neither Sourcethe Parent, Cableshare the Corporation nor the Trustee shall be required to pay) any documentary, stamp, transfer or other taxes that may be payable in respect of any transfer involved in the issuance or delivery of such shares to a person other than such Beneficiary or (b) shall b)shall have evidenced established to the satisfaction of the Trustee, Source the Parent and Cableshare the Corporation that such taxes, if any, have been paid. 5.9.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Learning Co Inc)

Stamp or Other Transfer Taxes. Upon any sale of Exchangeable Shares to Source Acquiror pursuant to the Exchange Right or the Automatic Exchange Rights, the share certificate or certificates representing Source Common Acquiror Shares to be delivered in connection with the payment of the total purchase price therefor shall be issued in the name of the Beneficiary in respect of the Exchangeable Shares so sold or in such names as such Beneficiary may otherwise direct in writing without charge to the holder of the Exchangeable Shares so sold; provided, however, that such Beneficiary (a) shall pay (and neither Sourcenone of Acquiror, Cableshare nor Canco or the Trustee shall be required to pay) any documentary, stamp, transfer or other taxes that may be payable in respect of any transfer involved in the issuance or delivery of such shares to a person other than such Beneficiary or (b) shall have evidenced to the satisfaction of the Trustee, Source and Cableshare that such taxes, if any, have been paid. 5.9.

Appears in 1 contract

Samples: Acquisition Agreement (Nabors Industries Inc)

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