Common use of Issue Tax Clause in Contracts

Issue Tax. The issuance of certificates for the Exercise Shares upon the exercise of the Warrant shall be made without charge to the Holder of the Warrant for any issue tax (other than any applicable income taxes) in respect thereof; provided, however, that the Company shall not be required to pay any tax which may be payable in respect of any transfer involved in the issuance and delivery of any certificate in a name other than that of the then Holder of the Warrant being exercised.

Appears in 6 contracts

Samples: Crystal International Travel Group, Inc., Crystal International Travel Group, Inc., Mobile Reach International Inc

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