Cash and Property. Such consideration shall: (i) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, excluding amounts paid or payable for accrued interest; (ii) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the Corporation; and (iii) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as determined in good faith by the Board of Directors of the Corporation.
Appears in 24 contracts
Samples: Series a Preferred Stock Purchase Agreement (zSpace, Inc.), Preferred Stock Purchase Agreement (Ondas Holdings Inc.), Preferred Stock Purchase Agreement (Ondas Holdings Inc.)
Cash and Property. Such consideration shall:
(i) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, excluding amounts paid or payable for accrued interest;
(ii) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationBoard; and
(iii) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as determined in good faith by the Board of Directors of the CorporationBoard.
Appears in 19 contracts
Samples: Contribution and Exchange Agreement (Sagrera Ricardo A.), Contribution and Exchange Agreement (Continental Grain Co), Contribution and Exchange Agreement (Steinberg Michael)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, excluding amounts paid or payable for accrued interestCompany;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 12 contracts
Samples: Stock Purchase Warrant (Nextera Enterprises Inc), Stock Purchase Warrant (Nextera Enterprises Inc), Stock Purchase Warrant (Nextera Enterprises Inc)
Cash and Property. Such consideration shall:
(i) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Company excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iii) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 11 contracts
Samples: Common Stock Purchase Warrant (Purchasesoft Inc), Common Stock Purchase Warrant (Purchasesoft Inc), Common Stock Purchase Warrant (Purchasesoft Inc)
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii2) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationBoard; and
(iii) and in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i1) and (ii2) above, as determined in good faith by the Board of Directors of the CorporationBoard.
Appears in 10 contracts
Samples: Warrant Agreement (Soros George), Warrant Agreement (Advance Nanotech, Inc.), Warrant Agreement (Advance Nanotech, Inc.)
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii2) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationCompany's managers or governing board; and
(iii3) in the event Additional Shares of Common Stock additional shares are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i1) and (ii2) above, as determined in good faith by the Board Company's board of Directors of the Corporationdirectors.
Appears in 8 contracts
Samples: Convertible Debenture Purchase Agreement (Vycor Medical Inc), Convertible Debenture (Vycor Medical Inc), Convertible Debenture (Vycor Medical Inc)
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii2) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationBoard; and
(iii3) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i1) and (ii2) above, as determined in good faith by the Board of Directors of the CorporationBoard.
Appears in 7 contracts
Samples: Securities Purchase and Note Agreement (Universal Guaranty Life Insurance CO), Securities Purchase Agreement (Capco Energy Inc), Securities Purchase Agreement (Amen Properties Inc)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationBoard; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationBoard.
Appears in 7 contracts
Samples: Warrant Agreement (General Devices Inc), Warrant Agreement (General Devices Inc), Warrant Agreement (General Devices Inc)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount amounts of cash received by the Corporation, Corporation excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issueissue or sale, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which that covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 6 contracts
Samples: Subordinated Convertible Note Purchase Agreement, Subordinated Convertible Note Purchase Agreement (Mascoma Corp), Warrant Agreement (Mascoma Corp)
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount amounts of cash received by the Corporation, Company excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii2) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iii3) in the event if Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i1) and (ii2) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 6 contracts
Samples: Warrant Agreement (Rib X Pharmaceuticals Inc), Warrant Agreement (Rib X Pharmaceuticals Inc), Warrant Agreement (Rib X Pharmaceuticals Inc)
Cash and Property. Such consideration shall:: -----------------
(iI) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiII) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiIII) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iI) and (iiII) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 6 contracts
Samples: Contingent Common Stock Purchase Warrant (Prodigy Communications Inc), Common Stock Purchase Warrant (Igi Inc), Common Stock Purchase Warrant (Igi Inc)
Cash and Property. Such consideration shall:: -------------------
(i) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issueissuance, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iii) in the event Additional Shares of Common Stock are issued together with other shares or of securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 5 contracts
Samples: Warrant Agreement (Telscape International Inc), Warrant Agreement (Pointe Communications Corp), Warrant Agreement (Telscape International Inc)
Cash and Property. Such consideration shall:
(iI) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiII) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiIII) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iI) and (iiII) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 5 contracts
Samples: Common Stock Purchase Warrant (Acadia Pharmaceuticals Inc), Common Stock Purchase Warrant (Igi Inc), Common Stock Purchase Warrant (Igi Inc)
Cash and Property. Such consideration shall:
(ia) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iib) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiic) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i1) and (ii2) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 5 contracts
Samples: Standby Agreement (Wachter Eric PHD), Standby Agreement (Tannebaum Theodore), Standby Agreement (Scott Timothy PHD)
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(ii2) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationCompany; and
(iii3) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i1) and (ii2) above, as determined in good faith by the Board of Directors of the CorporationCompany.
Appears in 5 contracts
Samples: Note Purchase Agreement (Orion Energy Systems, Inc.), Note Agreement (Orion Energy Systems, Inc.), Note Agreement (Orion Energy Systems, Inc.)
Cash and Property. Such consideration shall:
(iI) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(iiII) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationBoard; and
(iiiIII) in the event Additional Shares of Common Stock Securities are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iI) and (iiII) above, as determined in good faith by the Board of Directors of the CorporationBoard.
Appears in 5 contracts
Samples: Warrant Agreement (BioAmber Inc.), Warrant Agreement (BioAmber Inc.), Warrant Agreement (BioAmber Inc.)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 4 contracts
Samples: Asset Purchase Agreement (WQN, Inc.), Warrant Agreement (WQN, Inc.), Asset Purchase Agreement (Voip Inc)
Cash and Property. Such consideration shall:
(i) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issueissuance, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iii) in the event Additional Shares of Common Stock are issued together with other shares or of securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 4 contracts
Samples: Warrant Agreement (Medcross Inc), Warrant Agreement (Sandler Capital Management), Warrant Agreement (I Link Inc)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the Corporation; and
(iiiC) in the event Additional Shares shares of Common Stock and Common Stock Equivalents are issued in a Dilutive Issuance together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the Corporation.
Appears in 4 contracts
Samples: Restricted Stock Agreement (Avantair, Inc), Restricted Stock Agreement (Avantair, Inc), Restricted Stock Agreement (Weil a Lorne)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount amounts of cash received by the Corporation, Corporation excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 4 contracts
Samples: Preferred Stock Purchase Warrant (Genocea Biosciences, Inc.), Preferred Stock Purchase Warrant (Genocea Biosciences, Inc.), Preferred Stock Purchase Warrant (Genocea Biosciences, Inc.)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationCompany; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationCompany.
Appears in 4 contracts
Samples: Warrant Agreement (Emtec Inc/Nj), Common Stock Purchase Warrant (Thermoenergy Corp), Common Stock Purchase Warrant (Thermoenergy Corp)
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(ii2) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iii3) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 4 contracts
Samples: Warrant Agreement (Vertical Communications, Inc.), Warrant Agreement (Vertical Communications, Inc.), Warrant Agreement (Vertical Communications, Inc.)
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationIssuer, excluding amounts paid or payable for accrued interest;
(ii2) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined by the Issuer in good faith by the Board of Directors of the Corporationand in a commercially reasonable manner; and
(iii3) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Issuer for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i1) and (ii2) above, as determined by the Issuer in good faith by the Board of Directors of the Corporationand in a commercially reasonable manner.
Appears in 4 contracts
Samples: Note Purchase Agreement (ATI Physical Therapy, Inc.), Note Purchase Agreement (ATI Physical Therapy, Inc.), Note Purchase Agreement (ATI Physical Therapy, Inc.)
Cash and Property. Such consideration shall:
: (iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
; (iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined reasonably in good faith by the Board of Directors of the Corporation; and
Directors, and (iiiC) in the event Additional Shares of Common Stock are is issued together with other shares interests or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 4 contracts
Samples: Common Stock Purchase Warrant (Horizon Global Corp), Common Stock Purchase Warrant (Nn Inc), Common Stock Purchase Warrant (Horizon Global Corp)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Corporation excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiB) insofar as it if consists of property other than cash, be computed at as the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares stock or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses clause (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 4 contracts
Samples: Convertible Debenture Purchase Agreement (Air South Airlines Inc), Convertible Debenture Purchase Agreement (Air South Airlines Inc), Convertible Debenture Purchase Agreement (Air South Airlines Inc)
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(ii2) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationCompany; and
(iii3) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so receivedreceived for the Additional Shares of Common Stock, computed as provided in clauses (i1) and (ii2) above, as determined in good faith by the Board of Directors of the CorporationCompany.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Wilsons the Leather Experts Inc), Warrant Agreement (Marathon Fund L P V), Warrant Agreement (Marathon Fund L P V)
Cash and Property. Such consideration shall:
: (i) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
; (ii) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationCompany; and
and (iii) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as determined in good faith by the Board of Directors of the CorporationCompany.
Appears in 3 contracts
Samples: Securities Agreement (Emmaus Life Sciences, Inc.), Securities Agreement (Emmaus Life Sciences, Inc.), Securities Agreement (Emmaus Life Sciences, Inc.)
Cash and Property. Such consideration shall:
shall (iI) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
interest or accrued dividends; (iiII) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationBoard; and
and (iiiIII) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iI) and (iiII) above, as determined in good faith by the Board of Directors of the CorporationBoard.
Appears in 3 contracts
Samples: Warrant Agreement (VeriChip CORP), Warrant Agreement (Applied Digital Solutions Inc), Warrant Agreement (Applied Digital Solutions Inc)
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Corporation excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii2) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iii3) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i1) and (ii2) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 3 contracts
Samples: Warrant Agreement (Comscore, Inc.), Warrant Agreement (Comscore, Inc.), Warrant Agreement (Comscore, Inc.)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationBoard; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iI) and (iiII) above, as determined in good faith by the Board of Directors of the CorporationBoard.
Appears in 3 contracts
Samples: Merger Agreement (General Devices Inc), Stock Purchase Agreement (General Devices Inc), Securities Purchase Agreement (General Devices Inc)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Corporation excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 3 contracts
Samples: Series B Convertible Preferred Stock Purchase Agreement (Visterra, Inc.), Series B Convertible Preferred Stock Purchase Agreement (Visterra, Inc.), Series F Preferred Stock and Warrant Purchase Agreement (Phoenix Network Inc)
Cash and Property. Such consideration shall:
: (i) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
; (ii) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the Corporation; and
Directors, and (iii) in the event shares of Additional Shares of Common Stock are issued together with other shares interests or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 3 contracts
Samples: Warrant Agreement (Verso Corp), Warrant Agreement, Warrant Agreement
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Corporation excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (ia) and (iib) above, as reasonably determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 3 contracts
Samples: Loan and Security Agreement (Fluidigm Corp), Loan and Security Agreement (Fluidigm Corp), Loan and Security Agreement (Fluidigm Corp)
Cash and Property. Such consideration shall:: -----------------
(iI) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiII) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issuethereof, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiIII) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iI) and (iiII) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 3 contracts
Samples: Warrant Agreement (Banyan Systems Inc), Warrant Agreement (Switchboard Inc), Warrant Agreement (Switchboard Inc)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Company excluding amounts paid or payable for accrued interestinterest or distributions;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiC) in the event Additional Common Shares of Common Stock are issued (or deemed issued) together with other shares Shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) aboveat the fair market value thereof, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 3 contracts
Samples: Operating Agreement (Pandion Therapeutics Holdco LLC), Operating Agreement (Pandion Therapeutics Holdco LLC), Operating Agreement (Pandion Therapeutics Holdco LLC)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationBorrower, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Borrower for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 3 contracts
Samples: Asset Purchase Agreement (WQN, Inc.), Asset Purchase Agreement (Voip Inc), Convertible Note (WQN, Inc.)
Cash and Property. Such consideration shall:
(i) A. insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(ii) B. insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationBoard, including at least a Preferred Director Majority; and
(iii) C. in the event Additional Shares of Common Stock Units are issued together with other shares units or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) 9.2(e)(i)A and (ii) 9.2(e)(i)B above, as determined in good faith by the Board of Directors of the CorporationBoard, including at least a Preferred Director Majority.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Zentalis Pharmaceuticals, Inc.), Limited Liability Company Agreement (Zentalis Pharmaceuticals, LLC), Limited Liability Company Agreement (Zentalis Pharmaceuticals, LLC)
Cash and Property. Such consideration shall:
shall (ix) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, excluding amounts paid or payable for accrued interest;
, (iiy) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the Corporation; and
and (iiiz) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (ix) and (iiy) above, as determined in good faith by the Board of Directors of the CorporationBoard.
Appears in 3 contracts
Samples: Investment and Transaction Agreement (Id Systems Inc), Investment and Transaction Agreement (Id Systems Inc), Investment and Transaction Agreement (Id Systems Inc)
Cash and Property. Such consideration shall:
(i) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, excluding amounts paid or payable for accrued interest;
(ii) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the Corporation, including the Preferred Stock Director; and
(iii) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as determined in good faith by the Board of Directors of the Corporation, including the Preferred Stock Director.
Appears in 2 contracts
Samples: Warrant Agreement (Seres Therapeutics, Inc.), Series D Preferred Stock Purchase Agreement (Seres Therapeutics, Inc.)
Cash and Property. Such consideration shall:
(iI) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Company excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiII) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiIII) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iI) and (iiII) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 2 contracts
Samples: Warrant Agreement (Provide Commerce Inc), Warrant Agreement (Provide Commerce Inc)
Cash and Property. Such consideration shall:
(i) i. insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(ii) . insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationCompany; and
(iii) . in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as determined in good faith by the Board of Directors of the CorporationCompany.
Appears in 2 contracts
Samples: Business Combination Agreement (Digital Transformation Opportunities Corp.), Securities Purchase Agreement (Neurotrope, Inc.)
Cash and Property. Such consideration shall:
(iI) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiII) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiIII) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iI) and (iiII) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 2 contracts
Samples: Series a Convertible Preferred Stock Purchase Agreement (GTC Biotherapeutics Inc), Transfer and Administration Agreement (Fresenius Medical Care AG & Co. KGaA)
Cash and Property. Such consideration shall:
(iI) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, excluding amounts paid or payable for accrued interest;
(iiII) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the Corporation; and
(iiiIII) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iI) and (iiII) above, as determined in good faith by the Board of Directors of the Corporation.
Appears in 2 contracts
Samples: License Agreement (Cerulean Pharma Inc.), Series C Senior Convertible Preferred Stock Purchase Agreement (Orion Energy Systems, Inc.)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, excluding amounts paid or payable for accrued interest;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the Corporation; and
(iiiC) in the event shares of Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so receivedreceived for the shares of Additional Common Stock, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the Corporation.
Appears in 2 contracts
Samples: Consent Agreement (ExamWorks Group, Inc.), Consent Agreement to Loan and Security Agreement (ExamWorks Group, Inc.)
Cash and Property. Such consideration shall:
(iI) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, excluding amounts paid or payable for accrued interest;
(iiII) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiIII) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iI) and (iiII) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 2 contracts
Samples: Collaboration Agreement (Arsanis, Inc.), Loan and Security Agreement (Imprivata Inc)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Corporation excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationBoard; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationBoard.
Appears in 2 contracts
Samples: Warrant Agreement (1st Net Technologies Inc), Technology License Agreement (1st Net Technologies Inc)
Cash and Property. Such consideration shall:
(iI) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(iiII) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationBoard; and
(iiiIII) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iI) and (iiII) above, as determined in good faith by the Board and the Holders of Directors a majority in outstanding principal amount of the CorporationDebentures.
Appears in 2 contracts
Samples: Securities Purchase Agreement (American Virtual Cloud Technologies, Inc.), Debenture (American Virtual Cloud Technologies, Inc.)
Cash and Property. Such consideration shall:
(i) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Company excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationCompany and Holder; and
(iii) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses subsections (i) and (ii) above, as determined in good faith by the Board of Directors of the CorporationCompany and Holder.
Appears in 2 contracts
Samples: Warrant Agreement (First Montauk Financial Corp), Warrant Agreement (First Montauk Financial Corp)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 2 contracts
Samples: Warrant Agreement (Picis Inc), Warrant Agreement (Picis Inc)
Cash and Property. Such consideration shall:
(ia) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(iib) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationManagers; and
(iiic) in the event Additional Shares of Common Stock Units are issued together with other shares Units or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (ia) and (iib) above, as determined in good faith by the Board of Directors of the CorporationManagers.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Wayfair Inc.), Limited Liability Company Operating Agreement (Wayfair Inc.)
Cash and Property. Such consideration shall:
(i) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, excluding amounts paid or payable for accrued interest;
(ii) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issueissuance, as determined in good faith by the Board of Directors of the Corporation; and
(iii) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as determined in good faith by the Board of Directors of the Corporation.
Appears in 2 contracts
Samples: Common Stock Purchase Warrant (Care.com Inc), Common Stock Purchase Warrant (Care.com Inc)
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Corporation excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii2) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iii3) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 2 contracts
Samples: Preferred Stock Warrant Agreement (Comscore, Inc.), Warrant Agreement (Comscore, Inc.)
Cash and Property. Such consideration shall:: -----------------
(iA) insofar as it consists of cash, be computed at the aggregate amount amounts of cash received by the Corporation, Corporation excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 2 contracts
Samples: Series C Convertible Preferred Stock Purchase Agreement (Sequenom Inc), Series C Convertible Preferred Stock Purchase Agreement (Sequenom Inc)
Cash and Property. Such consideration shall:
(iI) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporationcorporation, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiII) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the Corporationcorporation; and
(iiiIII) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iI) and (iiII) above, as determined in good faith by the Board of Directors of the Corporationcorporation.
Appears in 2 contracts
Samples: License Agreement (Orexigen Therapeutics, Inc.), License Agreement (Orexigen Therapeutics, Inc.)
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Corporation excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii2) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as reasonably determined in good faith by the Board of Directors of the Corporation; and
(iii3) in the event Additional Common Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as reasonably determined in good faith by the Board of Directors of the Corporation.
Appears in 2 contracts
Samples: Series C Preferred Stock Purchase Agreement (Alpine Group Inc /De/), Exchange Agreement (Alpine Group Inc /De/)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount amounts of cash received by the Corporation, Corporation excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Corporation’s Board of Directors of the CorporationDirectors; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Corporation’s Board of Directors of the CorporationDirectors.
Appears in 2 contracts
Samples: Common Stock Purchase Warrant (AtriCure, Inc.), Loan and Security Agreement (AtriCure, Inc.)
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii2) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issueissuance, as determined in good faith by the Board of Directors of the Corporationin good faith; and
(iii3) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers bothboth cash and property, be the proportion of such consideration so received, computed as provided in clauses (i1) and (ii2) above, as determined in good faith by the Board of Directors of the Corporationin good faith.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Lucas Energy, Inc.), Warrant Agreement (Lucas Energy, Inc.)
Cash and Property. Such consideration shall:
(iI) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(iiII) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiIII) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iI) and (iiII) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 2 contracts
Samples: Common Stock Purchase Warrant (PLC Systems Inc), Common Stock Purchase Warrant (NMT Medical Inc)
Cash and Property. Such consideration shall:
(ia) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(iiinterest;(b) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors Managers, including at least a majority of the CorporationSeries A Managers; and
(iiiand(c) in the event Additional Shares of Common Stock Units are issued together with other shares Units or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (ia) and (iib) above, as determined in good faith by the Board of Directors Managers, including at least a majority of the CorporationSeries A Managers.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Wayfair Inc.), Limited Liability Company Operating Agreement (Wayfair Inc.)
Cash and Property. Such consideration shall:
(iI) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationIssuer, excluding amounts paid or payable for accrued interest;
(iiII) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationBoard; and
(iiiIII) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Issuer for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iI) and (iiII) above, as determined in good faith by the Board of Directors of the CorporationBoard.
Appears in 2 contracts
Samples: Senior Secured Convertible Note Purchase and Guarantee Agreement (Airspan Networks Holdings Inc.), Senior Secured Convertible Note Purchase and Guarantee Agreement (Airspan Networks Holdings Inc.)
Cash and Property. Such consideration shall:
(i) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts amount paid or payable for accrued interestinterest or accrued dividends;
(ii) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issueissuance, as determined in good faith by the Board of Directors of the CorporationBoard; and
(iii) in the event Additional Shares of Common Series BB Preferred Stock are issued together with other shares or of securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as determined in good faith by the Board of Directors of the CorporationBoard.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Metastorm Inc), Stock Purchase Agreement (Metastorm Inc)
Cash and Property. Such consideration shall:
(iI) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;; and
(iiII) insofar as it consists of property other than cashcash (“Non-Cash Consideration”), be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the Corporation; and
(iiiIII) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iI) and (iiII) above, as determined in good faith by the Board of Directors of the Corporation.
Appears in 2 contracts
Samples: Warrant Agreement (Westmoreland Coal Co), Common Stock Purchase Warrant (Westmoreland Coal Co)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCOMPANY, excluding amounts paid or payable for accrued interest;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationCOMPANY; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation COMPANY for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationCOMPANY.
Appears in 2 contracts
Samples: Exclusive Patent License Agreement (Sigilon Therapeutics, Inc.), Exclusive Patent License Agreement (Sigilon Therapeutics, Inc.)
Cash and Property. Such consideration shall:
(i) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Corporation excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iii) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 2 contracts
Samples: Joint Venture Agreement (Winwin Gaming Inc), Joint Venture Agreement (Winwin Gaming Inc)
Cash and Property. Such consideration shall:
(iI) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(iiII) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationBoard; and
(iiiIII) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iI) and (iiII) above, as determined in good faith by the Board of Directors of the CorporationBoard.
Appears in 2 contracts
Samples: Warrant Agreement (Intercept Pharmaceuticals Inc), Common Stock Purchase Warrant (BioAmber Inc.)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the Corporation(including at least one (1) Preferred Director); and
(iiiC) in the event Additional Shares of Common Stock Units are issued together with other shares units or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as determined in good faith by the Board of Directors of the Corporation(including at least one (1) Preferred Director).
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Cullinan Oncology, LLC), Limited Liability Company Agreement (Cullinan Oncology, LLC)
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii2) insofar as it consists of property other than cash, be computed at the fair market value Fair Market Value thereof at the time of such issue, as determined in good faith by the Board Company's board of Directors directors with the assistance of the Corporationqualified professionals, as necessary; and
(iii3) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i1) and (ii2) above, as determined in good faith by the Board Company's board of Directors of the Corporationdirectors.
Appears in 2 contracts
Samples: Note Purchase Agreement (Quokka Sports Inc), Note Purchase Agreement (Quokka Sports Inc)
Cash and Property. Such consideration shall:
(i) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Corporation excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationBoard; and
(iii) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as determined in good faith by the Board of Directors of the CorporationBoard.
Appears in 1 contract
Cash and Property. Such consideration shall:
(iA) insofar Insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Corporation excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiB) insofar Insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiC) in In the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 1 contract
Cash and Property. Such consideration shall:
shall (ix) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
; (iiy) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationCompany; and
and (iiiz) in the event Additional Common Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (ix) and (iiy) above, as determined in good faith by the Board of Directors of the CorporationCompany.
Appears in 1 contract
Cash and Property. Such consideration shall:
(i) i. insofar as it consists of cash, be computed at the aggregate amount of cash received and to be received by the CorporationCompany with respect thereto, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii) . insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iii) . in the event Additional Shares of Common Stock are issued together with other shares or of securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 1 contract
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii2) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issueissuance, as determined in good faith by the Board of Directors of the Corporationin good faith; and
(iii3) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers bothboth cash and property, be the proportion of such consideration so received, computed as provided in clauses (i1) and (ii2) above, as determined in good faith by the Board of Directors of the Corporationin good faith.
Appears in 1 contract
Samples: Warrant Agreement (Global Power Equipment Group Inc/)
Cash and Property. Such consideration shall:
(ia) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Corporation excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iib) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiic) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (ia) and (iib) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 1 contract
Cash and Property. Such consideration shall:: -----------------
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Company excluding amounts paid or payable for accrued interest;interest or accrued dividends; EXHIBIT A
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 1 contract
Samples: 12% Convertible Redeemable Preferred Stock Purchase Agreement (Malone Arthur L Jr)
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii2) insofar as it consists of property property, services or other than cashnon-cash consideration, be computed at the fair market value thereof at the time of such issue, as determined in iii good faith by the Board of Directors of the CorporationDirectors; and
(iii3) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i1) and (ii2) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 1 contract
Samples: Note Agreement (Atx Group Inc)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, excluding amounts paid or payable for accrued interest;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the Corporation, including the Series A Director; and
(iii) and I in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iB) and (iiC) above, as determined in good faith by the Board of Directors of the Corporation, including the Series A Director.
Appears in 1 contract
Samples: Series a Preferred Stock Purchase Agreement (Adamas One Corp.)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Corporation’s Board of Directors of the CorporationDirectors; and
(iiiC) in the event if Additional Shares of Common Stock Securities are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so receivedreceived for such Additional Securities, computed as provided in clauses subclauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 1 contract
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Company excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 1 contract
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii2) insofar as it consists of property other than cash, be computed at the fair market value Fair Market Value thereof at the time of such issue, as determined in good faith by the Board of Directors of the Corporation(absent manifest error); and
(iii3) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i1) and (ii2) above, as determined in good faith by the Board of Directors of the Corporation(absent manifest error).
Appears in 1 contract
Samples: Convertible Junior Subordinated Promissory Note (Gartner Inc)
Cash and Property. Such consideration shallwill:
(i) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, excluding amounts paid or payable for accrued interest;
(ii) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the Corporation; and
(iii) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as determined in good faith by the Board of Directors of the Corporation.
Appears in 1 contract
Cash and Property. Such consideration shall:
(iI) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, excluding amounts paid or payable for accrued interest;
(iiII) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors members of the CorporationBoard other than any member who will receive such property; and
(iiiIII) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which that covers both, be the proportion of such consideration so received, computed as provided in clauses (iI) and (iiII) above, as determined in good faith by the Board of Directors members of the CorporationBoard other than any member who will receive such consideration.
Appears in 1 contract
Samples: Securities Purchase Agreement (Mti Technology Corp)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 1 contract
Samples: Common Stock Purchase Warrant (Sontra Medical Corp)
Cash and Property. Such consideration shall:
: (iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Corporation excluding amounts paid or payable for accrued interest;
interest or accrued dividends; (iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
and (iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (ia) and (iib) above, as reasonably determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 1 contract
Samples: Loan and Security Agreement
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(ii2) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Post-Closing Board of Directors of the CorporationDirectors; and
(iii3) in the event Additional Ordinary Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i1) and (ii2) above, as determined in good faith by the Post-Closing Board of Directors of the CorporationDirectors.
Appears in 1 contract
Cash and Property. Such consideration shall:
(i) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(ii) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of Directors, including the CorporationBattery Member; and
(iii) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as determined in good faith by the Board of Directors of Directors, including the CorporationBattery Member.
Appears in 1 contract
Samples: Securities Purchase Agreement (Champions Biotechnology, Inc.)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, excluding amounts paid or payable for accrued interest;.
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors irrespective of the Corporationany accounting treatment; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 1 contract
Cash and Property. Such consideration shall:
(i) A. insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(ii) B. insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationCompany; and
(iii) C. in the event Additional additional Shares of Common Class A Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationCompany.
Appears in 1 contract
Samples: Subscription Agreement and Investor Rights Agreement (iConsumer Corp.)
Cash and Property. Such consideration shall:
(i) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(ii) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iii) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Gelesis Holdings, Inc.)
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii2) insofar as it consists of property property, services or other than cashnon-cash consideration, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iii3) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i1) and (ii2) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 1 contract
Samples: Convertible Note (Atx Group Inc)
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interestinterest or dividends;
(ii2) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iii3) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i1) and (ii2) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 1 contract
Cash and Property. Such consideration shall:
(ia) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iib) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issueissuance, as determined in good faith by the Board of Directors of the CorporationBoard; and
(iiic) in the event Additional Shares of Common Stock are issued together with other shares or of securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (ia) and (iib) above, as determined in good faith by the Board of Directors of the CorporationBoard.
Appears in 1 contract
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Corporation excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors in the good faith exercise of the Corporationits reasonable business judgment; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 1 contract
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Company excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(ii2) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iii3) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i1) and (ii2) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 1 contract
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporationcorporation, excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iiiC) in the event Additional Shares additional shares of Common Stock are issued together with other shares or of securities or other assets of the Corporation corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 1 contract
Samples: Convertible Promissory Note (Applied Voice Recognition Inc /De/)
Cash and Property. Such consideration shall:
: (i) insofar as it consists of cash, be computed at the aggregate amount of cash so received by the Corporationor paid, as applicable, excluding amounts paid or payable for accrued interest;
; (ii) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the Corporation; and
repurchase or redemption and (iii) in the event Additional Shares of Common Stock are issued issued, together with other shares interests or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (i) and (ii) above, as reasonably determined in good faith by the Board of Directors of the CorporationCompany.
Appears in 1 contract
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, Corporation excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationBoard; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Board of Directors of the CorporationBoard.
Appears in 1 contract
Samples: Series a Preferred Stock Purchase Agreement (Encore Medical Corp)
Cash and Property. Such consideration shall:
(i1) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, excluding amounts paid or payable for accrued interest;
(ii2) insofar as it consists of securities, be computed as set forth in Section A.3(d) above;
(3) insofar as it consists of property other than cashcash or securities, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationDirectors; and
(iii4) in the event Additional Common Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, be computed as provided in clauses (i1) and through (ii3) above, as determined in good faith by the Board of Directors of the CorporationDirectors.
Appears in 1 contract
Samples: Securities Purchase Agreement (Ign Entertainment Inc)
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, SCHI excluding amounts paid or payable for accrued interestinterest or accrued dividends;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as mutually determined in good faith by the SCHI's Board of Directors of the CorporationDirectors; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation SCHI for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as mutually determined in good faith by the SCHI's Board of Directors of the Corporation.Directors;
Appears in 1 contract
Cash and Property. Such consideration shall:
(iA) insofar as it consists of cash, be computed at the aggregate amount of cash received by the CorporationCompany, excluding amounts paid or payable for accrued interest;
(iiB) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Company’s Board of Directors of the CorporationDirectors; and
(iiiC) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation Company for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iA) and (iiB) above, as determined in good faith by the Company’s Board of Directors of the CorporationDirectors.
Appears in 1 contract
Cash and Property. Such consideration shall:
(iI) insofar as it consists of cash, be computed at the aggregate amount of cash received by the Corporation, excluding amounts paid or payable for accrued interest;
(iiII) insofar as it consists of property other than cash, be computed at the fair market value thereof at the time of such issue, as determined in good faith by the Board of Directors of the CorporationBoard; and
(iiiIII) in the event Additional Shares of Common Stock are issued together with other shares or securities or other assets of the Corporation for consideration which covers both, be the proportion of such consideration so received, computed as provided in clauses (iI) and (iiII) above, as determined in good faith by the Board of Directors of the CorporationBoard.
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