Common use of Consideration Other Than Cash Clause in Contracts

Consideration Other Than Cash. For purposes of this Warrant, if a part or all of the consideration received by the Corporation in connection with the issuance of shares of Common Stock or the issuance of any of the securities described in this Warrant consists of property other than cash, such consideration shall be deemed to have a fair market value as is reasonably determined in good faith by the Board of Directors of the Corporation.

Appears in 6 contracts

Samples: Warrant Agreement (Halo Technology Holdings, Inc.), Warrant Agreement (Warp Technology Holdings Inc), Warrant Agreement (Halo Technology Holdings, Inc.)

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Consideration Other Than Cash. For purposes of this Warrant, if a part or all of the consideration received by the Corporation Company in connection with the issuance of shares of Common Stock or the issuance of any of the securities described in this Warrant consists of property other than cash, such consideration shall be deemed to have a fair market value as is reasonably determined in good faith by the Board of Directors of the CorporationBoard.

Appears in 2 contracts

Samples: Warrant Agreement (Phase Iii Medical Inc/De), Warrant Agreement (Phase Iii Medical Inc/De)

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