Common use of ISSUANCE OF TRADING SHARES Clause in Contracts

ISSUANCE OF TRADING SHARES. 6.1 Minimum price and maximum aggregate value - Although in most cases trading shares will be paid for in cash, trading shares may be issued for consideration other than cash. Subject to sections 6.2 through 6.6, an issuer may issue trading shares at a minimum price of $.25 per share up to an aggregate value equal to:

Appears in 5 contracts

Samples: Escrow Agreement (Response Biomedical Corp), Escrow Agreement (Global Election Systems Inc), Escrow Agreement (Minco Mining & Metals Corp)

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ISSUANCE OF TRADING SHARES. 6.1 Minimum price and maximum aggregate value - -- Although in most cases trading shares will be paid for in cash, trading shares may be issued for consideration other than cash. Subject to sections 6.2 through 6.6, an issuer may issue trading shares at a minimum price of $.25 per share up to an aggregate value equal to:

Appears in 2 contracts

Samples: Agreement (Air Packaging Technologies Inc), Escrow Agreement (Global Election Systems Inc)

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