Common use of Taxes on Conversions Clause in Contracts

Taxes on Conversions. Except as provided in the next sentence, the Company shall pay all documentary, stamp or similar issue or transfer tax due that may be payable in respect of the issue or delivery of shares of Common Stock on conversion of Securities pursuant hereto. The Company shall not, however, be required to pay any tax or duty that may be payable in respect of (i) income of the Holder, or (ii) any transfer involved in the issue and delivery of shares of Common Stock in a name other than that of the Holder of the Security or Securities to be converted, and no such issue or delivery shall be made unless and until the Person requesting such issue has paid to the Company the amount of any such tax or duty, or has established to the satisfaction of the Company that such tax or duty has been paid.

Taxes on Conversions. Except as provided in the next sentence, the Company shall Corporation will pay all documentary, stamp or similar issue or transfer tax due taxes and other duties that may be payable in respect of the issue or delivery of shares of Common Stock on conversion of Convertible Securities pursuant hereto. The Company Corporation shall not, however, be required to pay any tax or duty that may be payable in respect of (i) income of the HolderSecurityholder, or (ii) any transfer involved in the issue and delivery of shares of Common Stock in a name other than that of the Holder Securityholder of the Convertible Security or Securities to be converted, and no such issue or delivery shall be made unless and until the Person person requesting such issue has paid to the Company Corporation the amount of any such tax or duty, or has established to the satisfaction of the Company Corporation that such tax or duty has been paid.

Taxes on Conversions. Except as provided in the next sentence, the Company shall will pay any and all documentary, stamp or similar issue or transfer tax due taxes (other than taxes on income) and duties that may be payable in respect of the issue or delivery of shares of Common Stock on conversion of Securities Debentures pursuant hereto. The Company A Holder delivering a Debenture for conversion shall not, however, be liable for and will be required to pay any tax or duty that which may be payable in respect of (i) income of the Holder, or (ii) any transfer involved in the issue and delivery of shares of Common Stock in a name other than that of the Holder of the Security Debenture or Securities Debentures to be converted, and no such issue or delivery shall be made unless and until the Person requesting such issue has paid to the Company the amount of any such tax or duty, or has established to the satisfaction of the Company that such tax or duty has been paid.

Taxes on Conversions. Except as provided in the next sentence, the Company shall will pay any and all documentary, stamp or similar issue or transfer tax due taxes and duties that may be payable in respect of the issue or delivery of shares of Common Stock on conversion of Securities pursuant hereto. The Company shall not, however, be required to pay any tax or duty that may be payable in respect of (i) income of the Holder, any Holder or (ii) any transfer involved in the issue and delivery of certificates for shares of Common Stock in a name other than that of the Holder of the Security or Securities to be converted, and no such issue or delivery shall be made unless and until the Person requesting such issue or delivery has paid to the Company the amount of any such tax or duty, or has established to the satisfaction of the Company that such tax or duty has been paid.

Taxes on Conversions. Except as provided in the next sentence, the Company shall pay all documentary, stamp or similar issue or transfer tax due that may be payable in respect of the issue or delivery of shares of Common Stock on conversion of Securities Notes pursuant hereto. The Company shall not, however, be required to pay any tax or duty that may be payable in respect of (i) income of the Holder, or (ii) any transfer involved in the issue and delivery of shares of Common Stock in a name other than that of the Holder of the Security Note or Securities Notes to be converted, and no such issue or delivery shall be made unless and until the Person requesting such issue has paid to the Company the amount of any such tax or duty, or has established to the satisfaction of the Company that such tax or duty has been paid.

Taxes on Conversions. Except as provided in the next sentence, the Company shall will pay any and all documentary, stamp or similar issue or transfer tax due taxes and duties that may be payable in respect of the issue or delivery of shares of Common Stock on conversion of Securities ____% Debentures pursuant hereto. The Company shall not, however, be required to pay any tax or duty that which may be payable in respect of (i) income of the Holder, holder or (ii) any transfer involved in the issue and delivery of shares of Common Stock in a name other than that of the Holder of the Security % Debenture or Securities ____% Debentures to be converted, and no such issue or delivery shall be made unless and until the Person requesting such issue has paid to the Company the amount of any such tax or duty, or has established to the satisfaction of the Company that such tax or duty has been paid.

Taxes on Conversions. Except as provided in the next sentence, the Company shall will pay any and all documentary, stamp or similar issue or transfer tax due taxes and duties that may be payable in respect of the issue or delivery of shares of Common Stock on conversion of Securities 4.50% Debentures pursuant hereto. The Company shall not, however, be required to pay any tax or duty that which may be payable in respect of (i) income of the Holder, holder or (ii) any transfer involved in the issue and delivery of shares of Common Stock in a name other than that of the Holder of the Security 4.50% Debenture or Securities 4.50% Debentures to be converted, and no such issue or delivery shall be made unless and until the Person requesting such issue has paid to the Company the amount of any such tax or duty, or has established to the satisfaction of the Company that such tax or duty has been paid.

Taxes on Conversions. Except as provided in the next sentence, the Company shall Holdings will pay any and all documentary, stamp or and other similar issue or transfer tax due taxes and duties that may be payable in respect of the issue or delivery of shares of Common Stock on conversion of Securities Loans pursuant hereto. The Company shall Holdings will not, however, be required to pay any tax or duty that may be payable in respect of (ia) income of the Holdera Lender, or (iib) any transfer involved in the issue and delivery of shares of Common Stock in a name other than that of the Holder Lender seeking conversion of the Security or Securities to be convertedLoans, and no such issue or delivery shall be made unless and until the Person requesting such issue has paid to the Company Holdings the amount of any such tax or duty, or has established to the satisfaction of the Company Holdings that such tax or duty has been paid.