Common use of Determination of Date of Issue Clause in Contracts

Determination of Date of Issue. In case the Company shall take a record of the holders of any Common Stock for the purpose of entitling them (i) to receive a dividend or other distribution payable in Common Stock or in Convertible Securities, or (ii) to subscribe for or purchase Common Stock or Convertible Securities, then such record date shall be deemed to be the date of the issue or sale of the shares of Common Stock deemed to have been issued or sold upon the declaration of such dividend or the making of such other distribution or the date of the granting of such right of subscription or purchase, as the case may be.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (United Financial Mortgage Corp)

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Determination of Date of Issue. In case the Company shall take a record of the holders Lenders of any Common Stock for the purpose of entitling them (i) to receive a dividend or other distribution payable in Common Stock or in Convertible Securities, or (ii) to subscribe for or purchase Common Stock or Convertible Securities, then such record date shall be deemed to be the date of the issue or sale of the shares of Common Stock deemed to have been issued or sold upon the declaration of such dividend or the making of such other distribution or the date of the granting of such right of subscription or purchase, as the case may be.

Appears in 1 contract

Samples: Asset Purchase Agreement (TransBiotec, Inc.)

Determination of Date of Issue. In case the Company shall take a record of the holders of any Common Stock Shares for the purpose of entitling them (i) to receive a dividend or other distribution payable in Common Stock Shares or in Convertible Securities, Securities or (ii) to subscribe for or purchase Common Stock Shares or Convertible Securities, then such record date shall be deemed to be the date of the issue or sale of the shares of Common Stock Shares deemed to have been issued or sold upon the declaration of such dividend or the making of such other distribution or the date of the granting of such right of subscription or purchase, as the case may be.

Appears in 1 contract

Samples: Loan Agreement (Global Med Technologies Inc)

Determination of Date of Issue. In case the Company ------------------------------ shall take a record of the holders of any Common Stock for the purpose of entitling them (i) to receive a dividend or other distribution payable in Common Stock or in Convertible Securities, or (ii) to subscribe for or purchase Common Stock or Convertible Securities, then such record date shall be deemed to be the date of the issue or sale of the shares share of Common Stock deemed to have been issued or sold upon the declaration of such dividend or the making of such other distribution or the date of the granting of such right of subscription or purchase, as the case may be.

Appears in 1 contract

Samples: Marketing Agreement (JMC Group Inc)

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Determination of Date of Issue. In case the Company shall take a record of the holders of any Common Stock for the purpose of entitling them (i) to receive a dividend or other distribution payable in Common Stock or in Convertible Securities, or (ii) Rights to subscribe for or purchase Common Stock or Convertible Securities, then such record date shall be deemed to be the date of the issue or sale of the shares of Common Stock deemed to have been issued or sold upon the declaration of such dividend or the making make of such other distribution or the date of the granting of such right of subscription or purchase, as the case may be.

Appears in 1 contract

Samples: Warrant Agreement (Oasis Resorts International Inc /Nv)

Determination of Date of Issue. In case the Company shall ------------------------------ take a record of the holders of any Common Stock for the purpose of entitling them (i) to receive a dividend or other distribution payable in Common Stock or in Convertible Securities, or (ii) to subscribe for or purchase Common Stock or Convertible Securities, then such record date shall be deemed to be the date of the issue or sale of the shares of Common Stock deemed to have been issued or sold upon the declaration of such dividend or the making of such other distribution or the date of the granting of such right of subscription or purchase, as the case may be.

Appears in 1 contract

Samples: Underwriting Agreement (United Financial Mortgage Corp)

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