Fully Paid Stock; Taxes. The Company covenants and agrees that the shares of stock represented by each and every certificate for its Stock to be delivered on any exercise of this Warrant shall, at the time of such delivery, be duly authorized, validly issued and outstanding and be fully paid and nonassessable. The Company further covenants and agrees that it will pay when due and payable any and all federal and state taxes, other than taxes on income, which may be payable in respect of this Warrant or any Stock or certificates therefor upon the exercise of the rights herein provided for pursuant to the provisions hereof. The Company shall not, however, be required to pay any tax which may be payable in respect of any transfer involved in the transfer and delivery of stock certificates in the name other than that of the holder of the Warrant converted, and any such tax shall be paid by such holder at the time of presentation.
Appears in 7 contracts
Samples: Warrant Agreement (CytoCore Inc), Warrant Agreement (Semotus Solutions Inc), Warrant Agreement (Atc Healthcare Inc /De/)
Fully Paid Stock; Taxes. The Company covenants and agrees that the shares of stock represented by each and every certificate for its Common Stock to be delivered on any exercise of this Warrant shall, at the time of such delivery, be duly authorized, validly issued and outstanding and be fully paid and nonassessable. The Company further covenants and agrees that it will pay when due and payable any and all federal and state taxes, other than taxes on income, which may be payable in respect of this Warrant or any Common Stock or certificates therefor upon the exercise of the rights herein provided for pursuant to the provisions hereof. The Company shall not, however, be required to pay any tax which may be payable in respect of any transfer involved in the transfer and delivery of stock certificates in the name other than that of the holder of the Warrant converted, and any such tax shall be paid by such holder at the time of presentation.
Appears in 6 contracts
Samples: Warrant Agreement (Realbiz Media Group, Inc), Warrant Agreement (Next 1 Interactive, Inc.), Warrant Agreement (Next 1 Interactive, Inc.)
Fully Paid Stock; Taxes. The Company covenants and agrees that the shares of stock represented by each and every certificate for its Common Stock to be delivered on any exercise of this Warrant shall, at the time of such delivery, be duly authorized, validly issued and outstanding and be fully paid and nonassessable. The Company further covenants and agrees that it will pay when due and payable any and all federal and state taxes, other than taxes on income, which may be payable in respect of this Warrant or any Common Stock or certificates therefor upon the exercise of the rights herein provided for pursuant to the provisions hereof. The Company shall not, however, be required to pay any tax which may be payable in respect of any transfer involved in the transfer and delivery of stock certificates in the name other than that of the holder Holder of the Warrant converted, and any such tax shall be paid by such holder Holder at the time of presentation.
Appears in 6 contracts
Samples: Warrant Agreement (Monaker Group, Inc.), Warrant Agreement (Monaker Group, Inc.), Warrant Agreement (Monaker Group, Inc.)
Fully Paid Stock; Taxes. The Company covenants and agrees that the shares of stock represented by each and every certificate for its Common Stock to be delivered on any the exercise of this Warrant the conversion rights herein provided for shall, at the time of such delivery, be duly authorized, validly issued and outstanding and be fully paid and nonassessable. The Company further covenants and agrees that it will pay when due and payable any and all federal and state taxes, taxes (other than taxes on income, which income taxes) that may be payable in respect of this Warrant the Notes or any Common Stock or certificates therefor upon the exercise of the conversion rights herein provided for pursuant to the provisions hereof. The Company shall not, however, be required to pay any tax which that may be payable in respect of any transfer involved in the transfer and delivery of stock certificates in the name other than that of the holder Holder of the Warrant Note converted, and any such tax shall be paid by such holder Holder at the time of presentation.
Appears in 3 contracts
Samples: Note Agreement (Soy Environmental Products Inc), Private Placement Memorandum (Soy Environmental Products Inc), Note Agreement (Solpower Corp)
Fully Paid Stock; Taxes. The Company covenants and agrees that the shares of stock represented by each and every certificate for its Common Stock to be delivered on any the exercise of this Warrant the purchase rights herein provided for shall, at the time of such delivery, be duly authorized, validly issued and outstanding and be fully paid and nonassessable. The Company further covenants and agrees that it will pay when due and payable any and all federal Federal and state State taxes (but not including income taxes, other than taxes on income, ) which may be payable in respect of this Warrant or any Common Stock or certificates therefor upon the exercise of the conversion rights herein provided for pursuant to the provisions hereofherein. The Company shall not, however, be required to pay any tax which may be payable in respect of any transfer involved in the transfer and delivery of stock certificates in the name other than that of the holder of the Warrant convertedexercising this Warrant, and any such tax shall be paid by such holder at the time of presentation.
Appears in 2 contracts
Samples: Warrant Agreement (Platinum Entertainment Inc), Warrant Agreement (Platinum Entertainment Inc)
Fully Paid Stock; Taxes. The Company covenants and agrees that the shares of stock represented by each and every certificate for its Class A Common Stock to be delivered on any the exercise of this Warrant the purchase rights herein provided for shall, at the time of such delivery, be duly authorized, validly issued and outstanding and be fully paid and nonassessable. The Company further covenants and agrees that it will pay when due and payable any and all federal Federal and state State taxes (but not including income taxes, other than taxes on income, ) which may be payable in respect of this Warrant or any Class A Common Stock or certificates therefor upon the exercise of the rights herein provided for pursuant to the provisions hereofherein. The Company shall not, however, be required to pay any tax which may be payable in respect of any transfer involved in the transfer and delivery of stock certificates in the a name other than that of the holder of the Warrant convertedexercising this Warrant, and any such tax shall be paid by such holder at the time of presentation.
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Fully Paid Stock; Taxes. The Company covenants and agrees that the shares of stock represented by each and every certificate for its Stock to be delivered on any exercise of this Warrant shall, at the time of such delivery, be duly authorized, validly issued and outstanding and be fully paid and nonassessable. The Company further covenants and agrees that it will pay when due and payable any and all federal and state taxes, other than taxes on income, which may be payable in respect of this Warrant or any Stock or certificates therefor upon the exercise of the rights herein provided for pursuant to the provisions hereof. The Company shall not, however, be required to pay any tax which may be payable in respect of any transfer involved in the transfer and delivery of stock certificates in the name other than that of the holder of the Warrant converted, and any such tax shall be paid by such holder at the time of presentation.. FORM OF PENALTY WARRANT UNDER REGISTRATION RIGHTS AGREEMENT
Appears in 1 contract
Samples: Registration Rights Agreement (Atc Healthcare Inc /De/)
Fully Paid Stock; Taxes. The Company covenants and agrees that the shares of stock represented by each and every certificate for its Common Stock to be delivered on any the exercise of this Warrant the conversion rights herein provided for shall, at the time of such delivery, be duly authorized, validly issued and outstanding and be fully paid and nonassessable. The Company further covenants and agrees that it will pay when due and payable any and all federal and state taxes, taxes (other than taxes on income, which income taxes) that may be payable in respect of this Warrant the Note or any Common Stock or certificates therefor upon the exercise of the conversion rights herein provided for pursuant to the provisions hereof. The Company shall not, however, be required to pay any tax which that may be payable in respect of any transfer involved in the transfer and delivery of stock certificates in the name other than that of the holder Holder of the Warrant Note converted, and any such tax shall be paid by such holder the Holder at the time of presentation.
Appears in 1 contract