Common use of Tax Adjustments Clause in Contracts

Tax Adjustments. The Company may make such reductions in the Purchase Price, in addition to those required by Sections 3, 4, 5, 6, 7 and 8, as the Board of Directors considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes.

Appears in 17 contracts

Samples: Common Stock Purchase Warrant (Berliner Communications Inc), Common Stock Purchase Warrant (Berliner Communications Inc), Common Stock Purchase Warrant (Berliner Communications Inc)

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Tax Adjustments. The Company may make such reductions in the Purchase Price, in addition to those required by Sections 3, 4, 5, 6, 7 6 and 87, as the Board of Directors considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes.

Appears in 6 contracts

Samples: Common Stock Purchase Warrant (Biogentech Corp), Common Stock Purchase Warrant (Knightsbridge Fine Wines Inc), Purchase Agreement (Biogentech Corp)

Tax Adjustments. The Company may make such reductions in the Purchase Price, in addition to those required by Sections 3, 4, 5, 6, 7 7, and 8, 8 as the Board of Directors considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes.

Appears in 4 contracts

Samples: Common Stock Purchase Warrant (Insmed Inc), Common Stock Purchase Warrant (Zix Corp), Common Stock Purchase Warrant (Zix Corp)

Tax Adjustments. The Company may make such reductions in the Purchase Price, in addition to those required by Sections 3, 4, 5, 6, 7 and 8, 8 as the Board of Directors considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes.

Appears in 4 contracts

Samples: Note Purchase Agreement (Emagin Corp), Warrant Agreement (Emagin Corp), Warrant Agreement (Emagin Corp)

Tax Adjustments. The Company may make such reductions in the Purchase Price, in addition to those required by Sections 3, 4, 5, 6, 7 4 and 8, 5 as the Board of Directors considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes.

Appears in 3 contracts

Samples: Common Stock Purchase Warrant (Zix Corp), Common Stock Purchase Warrant (Zix Corp), Common Stock Purchase Warrant (Zix Corp)

Tax Adjustments. The Company may make such reductions in the Purchase Price, in addition to those required by Sections 3, 4, 5, 6, 6 and 7 and 8, as the Board of Directors considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes.

Appears in 3 contracts

Samples: Common Stock Purchase Warrant (Sonic Foundry Inc), Purchase Agreement (Sonic Foundry Inc), Common Stock Purchase Warrant (Sonic Foundry Inc)

Tax Adjustments. The Company may make such reductions in the Purchase Price, in addition to those required by Sections 3, 4, 5, 6, 7 and 8, 8 as the Board of Directors considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes.

Appears in 2 contracts

Samples: Warrant Agreement (Valentis Inc), Warrant Agreement (Valentis Inc)

Tax Adjustments. The Company may make such reductions in the Purchase Price, in addition to those required by Sections 3, 4, 5, 6, 7 6 and 87, as the Board of Directors considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Axys Pharmecueticals Inc), Common Stock Purchase Warrant (Axys Pharmecueticals Inc)

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Tax Adjustments. The Company may make such reductions in the Purchase Price, in addition to those required by Sections 3, 4, 5, 6, 7 7, 8 and 8, 9 as the Board of Directors considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes.

Appears in 2 contracts

Samples: Warrant Agreement (Emagin Corp), Amendment Agreement (Emagin Corp)

Tax Adjustments. The Company may make such reductions in the Purchase Price, in addition to those required by Sections Section 3, 4, 5, 6, 7 and 8, as the Board of Directors considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (UniTek Global Services, Inc.), Common Stock Purchase Warrant (Berliner Communications Inc)

Tax Adjustments. The Company may make such reductions in the Purchase Price, in addition to those required by Sections 3, 4, 5, 6, 7 7, 8 and 8, as 9as the Board of Directors considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Viragen Inc), Common Stock Purchase Warrant (Viragen Inc)

Tax Adjustments. The Company may make such reductions in the Purchase Price, in addition to those required by Sections 3, 4, and 5, 6, 7 and 8, as the Board of Directors considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Omni Medical Holdings Inc)

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