Outstanding Shares. For purposes of this Section 6(c), the number of shares of Common Stock at any time outstanding shall not include shares held in the treasury of the Company but shall include shares issuable in respect of scrip certificates issued in lieu of fractions of shares of Common Stock. The Company will not pay any dividend or make any distribution on shares of Common Stock held in the treasury of the Company other than dividends or distributions payable only in shares of Common Stock.
Appears in 6 contracts
Samples: Convertible Note (Insmed Inc), Convertible Note Agreement (Zix Corp), Purchase Agreement (Viragen Inc)
Outstanding Shares. For purposes of this Section 6(c)6.3, the number of shares of Common Stock at any time outstanding shall not include shares held in the treasury of the Company but shall include shares issuable in respect of scrip certificates issued in lieu of fractions of shares of Common Stock. The Company will not pay any dividend or make any distribution on shares of Common Stock held in the treasury of the Company other than dividends or distributions payable only in shares of Common Stock.
Appears in 6 contracts
Samples: Convertible Note (Emagin Corp), Note Purchase Agreement (Emagin Corp), Convertible Note (Emagin Corp)
Outstanding Shares. For purposes of this Section 6(c10(c), the number of shares of Common Stock at any time outstanding shall not include shares held in the treasury of the Company Corporation but shall include shares issuable in respect of scrip certificates issued in lieu of fractions of shares of Common Stock. The Company Corporation will not pay any dividend or make any distribution on shares of Common Stock held in the treasury of the Company Corporation other than dividends or distributions payable only in shares of Common Stock.
Appears in 1 contract
Samples: Amendment Agreement (Emagin Corp)
Outstanding Shares. For purposes of this Section 6(c)4, the number of shares of Common Stock at any time outstanding shall not include shares held in the treasury of the Company but shall include shares issuable in respect of scrip certificates issued in lieu of fractions of shares of Common Stock. The Company will not pay any dividend or make any distribution on shares of Common Stock held in the treasury of the Company other than dividends or distributions payable only in shares of Common Stock.
Appears in 1 contract
Samples: Convertible Note (Zix Corp)
