Computation of Consideration. For the purposes of this Section 2: (a) The consideration for the issue or sale of any Additional Shares of Common Stock or for the issue, sale, grant or assumption of any Options or Convertible Securities, irrespective of the accounting treatment of such consideration, shall
Appears in 3 contracts
Sources: Common Stock Purchase Warrant (Data Transmission Network Corp), Common Stock Purchase Warrant (Data Transmission Network Corp), Common Stock Purchase Warrant (Data Transmission Network Corp)
Computation of Consideration. For the purposes of this Section section 2:
(a) The consideration for the issue or sale of any Additional Shares of Common Stock or for the issue, sale, grant or assumption of any Options or Convertible Securities, irrespective of the accounting treatment of such consideration, shall
Appears in 2 contracts
Sources: Note and Warrant Purchase Agreement (General Housing Inc), Common Stock Purchase Warrant (General Housing Inc)
Computation of Consideration. For the purposes of this Section 2:Paragraph (g)(3),
(ai) The the consideration for the issue or sale of any Additional Shares of Common Stock or for the issue, sale, grant or assumption of any Options or Convertible Securitiesshall, irrespective of the accounting treatment of such consideration, shall,
Appears in 1 contract
Sources: Exchange Agreement (Insignia Financial Group Inc /De/)
Computation of Consideration. For the purposes of this Section section 2:,
(a) The the consideration for the issue or sale of any Additional Shares of Common Stock or for the issue, sale, grant or assumption of any Options or Convertible Securitiesshall, irrespective of the accounting treatment of such consideration,
(i) insofar as it consists of cash, shallbe computed at the net amount of cash received by the Company,
(ii) insofar as it consists of property (including securities) other than cash, be computed at the fair value thereof at the time of such issue or sale, as determined in good faith by the Board of Directors of the Company, and
Appears in 1 contract