Common use of Taxes Due upon Exchange Clause in Contracts

Taxes Due upon Exchange. If a Holder exchanges a Note, the Company will pay any documentary, stamp or similar issue or transfer tax due on the issue of any Common Shares upon the exchange, unless the tax is due because the Holder requests that any shares be issued in a name other than the Holder’s name, in which case the Holder will pay that tax.

Taxes Due upon Exchange. If a Holder exchanges a Note, the Company will pay any documentary, stamp or similar issue or transfer tax due on the issue of any Common Shares Stock upon the exchange, unless the tax is due because the Holder requests that any shares be issued in a name other than the Holder’s name, in which case the Holder will pay that tax.

Taxes Due upon Exchange. If a Holder exchanges a Note, the Company will pay any documentary, stamp or similar issue or transfer tax due on the issue delivery of any Common Shares ADSs upon the exchange, unless the tax is due because the Holder requests that any shares ADSs be issued delivered in a name other than the Holder’s name, in which case the Holder will pay that tax.

Taxes Due upon Exchange. If a Holder exchanges a NoteNote in accordance with this Article 4, the Company will pay any documentary, stamp or similar issue or transfer tax due on the issue of any the shares of the Common Shares Stock upon the exchange, unless the tax is due because the Holder requests that any shares be issued in a name other than the Holder’s name, in which case the Holder will pay that tax.