Common use of Distributions Other Than Cash Clause in Contracts

Distributions Other Than Cash. Whenever the distribution provided for in this Section 2 shall be payable in property other than cash, the value of such distribution shall be the fair market value of such property as determined in good faith by the Board of Directors of the Corporation.

Appears in 7 contracts

Samples: Loan Modification Agreement (Imprivata Inc), Agreement and Plan of Merger (Mascoma Corp), Purchase Preferred Stock (Mascoma Corp)

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Distributions Other Than Cash. Whenever the distribution provided for in this Section 2 3 shall be payable paid in property other than cash, the value of such distribution shall be the fair market value of such property as determined in good faith by the Board of Directors of the Corporation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Advanced Machine Vision Corp), Exhibit 10 (FMC Corp)

Distributions Other Than Cash. Whenever the distribution distributions ----------------------------- provided for in this Section 2 1 shall be payable in property other than cash, the value of such distribution distributions shall be the fair market value of such property as determined in good faith by the Board of Directors of the Corporation.

Appears in 2 contracts

Samples: Stock Restriction Agreement (Sequenom Inc), Stock Restriction Agreement (Sequenom Inc)

Distributions Other Than Cash. Whenever the distribution provided for in this Section 2 shall be payable in property other than cash, the value of such distribution shall be the fair market value of such property as determined in good faith by the Board of Directors of the CorporationDirectors.

Appears in 2 contracts

Samples: Share Purchase Agreement (Mascoma Corp), Subordinated Convertible Note Purchase Agreement (Mascoma Corp)

Distributions Other Than Cash. Whenever the distribution provided ----------------------------- for in this Section 2 1 shall be payable in property other than cash, the value of such distribution shall be the fair market value of such property as determined in good faith by the Board of Directors of the Corporation.

Appears in 2 contracts

Samples: Stock Restriction Agreement (Sequenom Inc), Stock Restriction Agreement (Sequenom Inc)

Distributions Other Than Cash. Whenever the distribution provided for in this Section 2 1 shall be payable in property other than cash, the value of such distribution shall be the fair market value of such property as determined in good faith by the Board of Directors of the Corporation.

Appears in 2 contracts

Samples: Purchase Agreement (Higher One Holdings, Inc.), Stock Purchase Agreement (Stockgroup Information Systems Inc)

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Distributions Other Than Cash. Whenever the distribution distributions provided for in this Section 2 shall be payable in property other than cash, the value of such distribution shall be the fair market value of such property as determined in good faith by the Board of Directors Directors. All distributions (including distributions other than cash) made hereunder shall be made pro rata to the holders of the CorporationSeries C Preferred Stock.

Appears in 1 contract

Samples: Stock Purchase Agreement (Dynagen Inc)

Distributions Other Than Cash. Whenever the distribution provided for in this Section 2 3 shall be payable in property other than cash, the value of such distribution shall be the fair market value of such property as determined in good faith by the Board of Directors of the Corporation.

Appears in 1 contract

Samples: Collaboration Agreement (Arsanis, Inc.)

Distributions Other Than Cash. Whenever the distribution provided for in this Section 2 subsection 2.2.1.2 shall be payable in property other than cash, the value of such distribution shall be the fair market value of such property as determined in good faith by the Board of Directors of the CorporationDirectors.

Appears in 1 contract

Samples: Share Exchange Agreement (Anyox Resources Inc)

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