Common use of Integrated Transaction Clause in Contracts

Integrated Transaction. If Options or Convertible Securities are issued in connection with the issue or sale of other securities of the Borrower, together comprising one integrated transaction in which no specific consideration is allocated to such Options or Convertible Securities by the parties thereto, the Options or Convertible Securities will be deemed to have been issued without consideration.

Appears in 2 contracts

Samples: Credit Agreement (XINHUA SPORTS & ENTERTAINMENT LTD), Assignment Agreement (Xinhua Finance Media LTD)

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Integrated Transaction. If Options or Convertible Securities are issued in connection with the issue or sale of other securities Securities of the BorrowerCompany, together comprising one integrated transaction in which no specific consideration is allocated to such Options or Convertible Securities by the parties thereto, the Options or Convertible Securities will be deemed to have been issued without consideration.

Appears in 1 contract

Samples: Share Purchase Agreement (Xinhua Finance Media LTD)

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Integrated Transaction. If Options or Convertible Securities are issued in connection with the issue or sale of other securities of the BorrowerCompany, together comprising one integrated transaction in which no specific consideration is allocated to such Options or Convertible Securities by the parties thereto, the Options or Convertible Securities will be deemed to have been issued without consideration.

Appears in 1 contract

Samples: Share Purchase Agreement (Xinhua Finance Media LTD)

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