Common use of Subscriptions for Stock Clause in Contracts

Subscriptions for Stock. Unless otherwise provided for in the subscription agreement, subscriptions for shares shall be paid in full at such time, or in such installments and at such times, as shall be determined by the board of directors. Any call made by the board of directors for payment on subscriptions shall be uniform as to all shares of the same class or as to all shares of the same series. In case of default in the payment of any installment or call when such payment is due, the corporation may proceed to collect the amount due in the same manner as any debt due the corporation.

Appears in 19 contracts

Samples: Merger Agreement (Keypath Education International, Inc.), Merger Agreement (Equitrans Midstream Corp), Merger Agreement (EQT Corp)

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Subscriptions for Stock. Unless otherwise provided for in the subscription agreement, subscriptions for shares shall be paid in full at such time, or in such installments and at such times, as shall be determined by the board Board of directorsDirectors. Any call made by the board Board of directors Directors for payment on subscriptions shall be uniform as to all shares of the same class or as to all shares of the same series. In case of default in the payment of any installment or call when such payment is due, the corporation Corporation may proceed to collect the amount due in the same manner as any debt due the corporationCorporation.

Appears in 5 contracts

Samples: Merger Agreement (Xplore Technologies Corp), Agreement and Plan of Merger (DEX ONE Corp), Agreement and Plan of Merger (Supermedia Inc.)

Subscriptions for Stock. Unless otherwise provided for in the subscription agreement, subscriptions for shares shall be paid in full at such time, or in such installments and at such times, as shall be determined by the board of directorsBoard. Any call made by the board of directors Board for payment on subscriptions shall be uniform as to all shares of the same class or as to all shares of the same series. In case of default in the payment of any installment or call when such payment is due, the corporation Corporation may proceed to collect the amount due in the same manner as any debt due the corporationCorporation.

Appears in 3 contracts

Samples: Merger Agreement (Flexion Therapeutics Inc), Merger Agreement (Pacira BioSciences, Inc.), Business Combination Agreement (Pioneer Merger Corp.)

Subscriptions for Stock. Unless otherwise provided for in the any subscription agreement, subscriptions for shares shall be paid in full at such time, or in such installments and at such times, as shall be determined by the board of directors. Any call made by the board of directors for payment on subscriptions shall be uniform as to all shares of the same class or as to all shares of the same series. In case of default in the payment of any installment or call when such payment is due, the corporation may proceed to collect the amount due in the same manner as any debt due the corporation.

Appears in 3 contracts

Samples: Merger Agreement (IAA, Inc.), Merger Agreement (Ritchie Bros Auctioneers Inc), Merger Agreement (Citrix Systems Inc)

Subscriptions for Stock. Unless otherwise provided for in the applicable subscription agreement, subscriptions for shares shall be paid in full at such time, or in such installments and at such times, as shall be determined by the board of directors. Any call made by the board of directors for payment on subscriptions shall be uniform as to all shares of the same class or as to all shares of the same series. In case of default in the payment of any installment or call when such payment is due, the corporation may proceed to collect the amount due in the same manner as any debt due the corporation.

Appears in 3 contracts

Samples: Merger Agreement (TradeUP Acquisition Corp.), Merger Agreement (Cleantech Acquisition Corp.), Merger Agreement (Forum Merger II Corp)

Subscriptions for Stock. Unless otherwise provided for in the subscription agreement, subscriptions for shares shall be paid in full at such time, or in such installments and at such times, as shall be determined by the board of directors. Any call made by the board of directors for payment on subscriptions shall be uniform as to all shares of the same class or as to all shares of the same series. In case of default in the payment of any installment or call when such payment is due, the corporation Corporation may proceed to collect the amount due in the same manner as any debt due the corporationCorporation.

Appears in 2 contracts

Samples: Merger Agreement (Thorne Healthtech, Inc.), Merger Agreement (Cellular Biomedicine Group, Inc.)

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Subscriptions for Stock. Unless otherwise provided for in the subscription agreement, subscriptions for shares shall be paid in full at such time, or in such installments and at such times, as shall be determined by the board Board of directors. Any call made by the board of directors for payment on subscriptions shall be uniform as to all shares of the same class or as to all shares of the same seriesDirectors. In case of default in the payment of any installment or call when such payment is due, the corporation may proceed to collect the amount due in the same manner as any debt due the corporation. All calls for payment on subscriptions shall be uniform as to all shares of the same class or of the same series, unless the subscription agreement specifies otherwise.

Appears in 2 contracts

Samples: Acquisition Agreement (Goodys Family Clothing Inc /Tn), Acquisition Agreement (Goodys Family Clothing Inc /Tn)

Subscriptions for Stock. Unless otherwise provided for in the any subscription agreement, subscriptions for shares shall be paid in full at such time, or in such installments and at such times, as shall be determined by the board Board of directorsDirectors. Any call made by the board Board of directors Directors for payment on subscriptions shall be uniform as to all shares of the same class or as to all shares of the same series. In case of default in the payment of any installment or call when such payment is due, the corporation Corporation may proceed to collect the amount due in the same manner as any debt due the corporationCorporation.

Appears in 1 contract

Samples: Merger Agreement (NRG Energy, Inc.)

Subscriptions for Stock. Unless otherwise provided for in the subscription agreement, subscriptions for shares shall be paid in full at such time, or in such installments and at such times, times as shall be he determined by the board Board of directorsDirectors. Any call made by the board Board of directors Directors for payment on subscriptions shall be uniform as to all shares of the same class or as to all shares of the same series, as the case may be. In case of default in the payment of any installment or call when such payment is due, . the corporation may proceed to collect the amount due in the same manner as any debt due the corporation.

Appears in 1 contract

Samples: Merger Agreement (Entech Environmental Technologies Inc)

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