Shares of. Common Stock issuable by way of dividend or other distribution on any stock of the Company shall be deemed to have been issued immediately after the opening of business on the day following the record date for the determination of stockholders entitled to receive such dividend or other distribution and shall be deemed to have been issued without consideration.
Appears in 3 contracts
Samples: Warrant Agreement (LCS Golf Inc), Warrant Agreement (LCS Golf Inc), Warrant Agreement (Rollerball International Inc)
Shares of. Common Stock issuable by way of dividend or other distribution on any stock of the Company shall be deemed to have been issued immediately after the opening of business on the day following the record date for the determination of stockholders shareholders entitled to receive such dividend or other distribution and shall be deemed to have been issued without consideration.
Appears in 2 contracts
Samples: Merger Agreement (Patterson Energy Inc), Warrant Agreement (Us Golf & Entertainment Inc)
Shares of. Common Stock issuable by way of dividend or other distribution on any stock of the Company Corporation shall be deemed to have been issued immediately after the opening of business on the day following the record date for the determination of stockholders entitled to receive such dividend or other distribution and shall be deemed to have been issued without consideration.
Appears in 1 contract
Samples: Securities Purchase Agreement (Network 1 Security Solutions Inc)
