Covenant as to Common Stock. The Company covenants that all shares of Common Stock which may be issued upon conversion of the Note or the Credit Facility Note will upon issuance be fully paid and nonassessable and, except as provided in Section 11.8 hereof, the Company will pay all taxes, liens and charges with respect to the issue thereof.
Appears in 3 contracts
Samples: Convertible Subordinated Note Agreement (Abbott Laboratories), Convertible Subordinated Note Agreement (Micro Therapeutics Inc), Convertible Subordinated Note Agreement (Micro Therapeutics Inc)
Covenant as to Common Stock. The Company covenants that all shares of Common Stock which may be issued upon conversion of the Note or the Credit Facility Note will upon issuance be fully paid and nonassessable and, except as provided in Section 11.8 3.8 hereof, the Company will pay all taxes, liens and charges with respect to the issue thereof.
Appears in 2 contracts
Samples: Credit Agreement (Micro Therapeutics Inc), Credit Agreement (Abbott Laboratories)
Covenant as to Common Stock. The Company covenants that all shares of Common Stock which may be issued upon conversion of the Note or the Credit Facility Note Securities will upon issuance be fully paid and nonassessable and, except as provided in Section 11.8 hereof, and that the Company will pay all taxes, liens Liens and charges with respect to the issue issuance thereof, except (1) as provided in Section 12.8 or (2) with respect to any Liens or charges created by or imposed upon such Common Stock by the Holder of the Security or Securities to be converted.
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Covenant as to Common Stock. The Company covenants that all shares of Common Stock which may be are issued upon conversion of the Note or the Credit Facility Note Notes will upon issuance issue be fully paid and nonassessable and, except as provided in Section 11.8 hereof10.08, the Company will pay all taxes, liens and charges with respect to the issue thereof.
Appears in 1 contract
Samples: Indenture (Veeco Instruments Inc)