Issues of securities. No securities (within the meaning of section 254(1), ICTA 1988) issued by the Company and remaining in issue at the date of this Agreement were issued in such circumstances that the interest payable thereon falls to be treated as a distribution under either sections 209(2)(d), 209(2)(da) or 209(2)(e), ICTA 1988, nor has the Company agreed to issue such securities in such circumstances.
Appears in 3 contracts
Sources: Share Purchase Agreement (Arthrocare Corp), Share Purchase Agreement (Phone Com Inc), Share Purchase Agreement (Phone Com Inc)