Common use of Payment Of Expenses And Taxes On Conversion Clause in Contracts

Payment Of Expenses And Taxes On Conversion. The Company shall pay all expenses, taxes (excluding income or franchise taxes) and other charges payable in connection with the preparation, execution, issuance and delivery of stock certificate(s) pursuant to this Section 4, except that, in the event such stock certificate(s) shall be registered in a name or names other than the name of the Holder, funds sufficient to pay all stock transfer fees, which shall be payable upon the execution and delivery of such stock certificate(s), shall be paid by the Holder hereof to the Company at the time of delivering this Note to the Company upon conversion.

Appears in 3 contracts

Samples: Unsecured Subordinated Convertible Promissory Note (Bioject Medical Technologies Inc), Convertible Subordinated Promissory Note (Bioject Medical Technologies Inc), Convertible Subordinated Promissory Note (Bioject Medical Technologies Inc)

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Payment Of Expenses And Taxes On Conversion. The Company shall pay all expenses, taxes (excluding income or franchise taxes) and other charges payable in connection with the preparation, execution, issuance and delivery of stock certificate(s) certificates and new promissory notes pursuant to this Section 44 hereof, except that, in the event such stock certificate(s) certificates or new promissory notes shall be registered in a name or names other than the name of the Holderholder of this Note, funds sufficient to pay all stock transfer fees, which shall be payable upon the execution and delivery of such stock certificate(s)certificate or certificates or new promissory notes, shall be paid by the Holder holder hereof to the Company at the time of delivering this Note to the Company upon conversion.

Appears in 2 contracts

Samples: Convertible Note (Bulldog Technologies Inc), Convertible Note Agreement (IntelliHome, Inc.)

Payment Of Expenses And Taxes On Conversion. The Company shall pay all expenses, taxes (excluding income or franchise taxes) and other charges payable in connection with the preparation, execution, issuance and delivery of stock certificate(s) certificates and new notes pursuant to this Section 44 hereof, except that, in the event such stock certificate(s) certificates or new notes shall be registered in a name or names other than the name of the Holderholder of this Note, funds sufficient to pay all stock transfer fees, which shall be payable upon the execution and delivery of such stock certificate(s), shall be paid by the Holder hereof to the Company at the time of delivering this Note to the Company upon conversion.certificate or

Appears in 1 contract

Samples: Convertible Note Agreement (Counterpath Solutions, Inc.)

Payment Of Expenses And Taxes On Conversion. The Company shall pay all expenses, taxes (excluding income or franchise taxes) and other charges payable in connection with the preparation, execution, issuance and delivery of stock certificate(s) certificates and new promissory notes pursuant to this Section 45 hereof, except that, in the event such stock certificate(s) certificates or new promissory notes shall be registered in a name or names other than the name of the Holderholder of this Note, funds sufficient to pay all stock transfer fees, which shall be payable upon the execution and delivery of such stock certificate(s)certificate or certificates or new promissory notes, shall be paid by the Holder holder hereof to the Company at the time of delivering this Note to the Company upon conversion.

Appears in 1 contract

Samples: Subordinated Convertible Note (Houston American Energy Corp)

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Payment Of Expenses And Taxes On Conversion. The Company shall pay all expenses, taxes (excluding income or franchise taxes) and other charges payable in connection with the preparation, execution, issuance and delivery of stock certificate(s) certificates and new notes pursuant to this Section 44 hereof, except that, in the event such stock certificate(s) certificates or new notes shall be registered in a name or names other than the name of the Holderholder of this Note, funds sufficient to pay all stock transfer fees, which shall be payable upon the execution and delivery of such stock certificate(s)certificate or certificates or new notes, shall be paid by the Holder holder hereof to the Company at the time of delivering this Note to the Company upon conversion.

Appears in 1 contract

Samples: Private Placement Subscription Agreement (Counterpath Solutions, Inc.)

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