Common use of Taxes on Conversion Clause in Contracts

Taxes on Conversion. If a Holder converts a Security, the Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common Stock upon the conversion. However, the Holder shall pay any such tax which is due because the Holder requests the shares to be issued in a name other than the Holder's name and any income tax which is imposed on the Holder as a result of the conversion. The Conversion Agent may refuse to deliver the certificates representing the Common Stock being issued in a name other than the Holder's name until the Conversion Agent receives a sum sufficient to pay any tax which will be due because the shares are to be issued in a name other than the Holder's name. Nothing herein shall preclude the Company from any tax withholding or directing the withholding of any tax required by law or regulations.

Taxes on Conversion. If a Holder converts a Security, the Company shall pay any documentary, stamp or similar issue or transfer tax due on taxes or duties relating to the issue issuance or delivery of shares of Common Stock upon the conversionexercise of such conversion rights. However, the Holder shall pay any such tax or duty which is due because may be payable relating to any transfer involving the Holder requests the issuance or delivery of shares to be issued of Common Stock in a name other than the Holder's name and any income tax which is imposed on the Holder as a result of the conversion’s name. The Conversion Agent may refuse to deliver the certificates certificate representing the shares of Common Stock being issued in a name other than the Holder's ’s name until the Conversion Agent receives a sum sufficient to pay any tax or duties which will be due because the shares are to be issued in a name other than the Holder's ’s name. Nothing herein shall preclude the Company from any tax withholding or directing the withholding of any tax required by law or regulationsregulation.

Taxes on Conversion. If a Holder converts a Security, the Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common Stock upon the conversion. However, the Holder shall pay any such tax which is due because the Holder requests the shares to be issued in a name other than the Holder's ’s name and any income tax which is imposed on the Holder as a result of the conversion. The Conversion Agent may refuse to deliver the certificates representing the Common Stock being issued in a name other than the Holder's ’s name until the Conversion Agent receives a sum sufficient to pay any tax which will be due because the shares are to be issued in a name other than the Holder's ’s name. Nothing herein shall preclude the Company from any tax withholding or directing the withholding of any tax required by law or regulations.

Taxes on Conversion. If a Holder converts a Security, the Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common Stock Conversion Shares or Warrants upon the such conversion. However, the Holder shall pay any such tax which is due because the Holder requests the shares Conversion Shares or Warrants to be issued in a name other than the Holder's name and any income tax which is imposed on the Holder as a result of the conversion’s name. The Conversion Agent Company may refuse to deliver the certificates certificate, or certificates, or other instrument representing the Common Stock Conversion Shares or Warrants being issued in a name other than the Holder's ’s name until the Conversion Agent Company receives a sum sufficient to pay any tax which will be due because the shares Conversion Shares or Warrants are to be issued in a name other than the Holder's ’s name. Nothing herein shall preclude the Company from any tax withholding or directing the withholding of any tax required by law or regulationsregulation.

Taxes on Conversion. If a Holder converts a Security, the Company shall pay any documentary, stamp or similar issue or transfer tax due on taxes or duties relating to the issue issuance or delivery of shares of Common Stock upon the conversionexercise of such conversion rights. However, the Holder shall pay any such tax or duty which is due because may be payable relating to any transfer involving the Holder requests the issuance or delivery of shares to be issued of Common Stock in a name other than the Holder's name and any income tax which is imposed on the Holder as a result of the conversionname. The Conversion Agent may refuse to deliver the certificates certificate representing the shares of Common Stock being issued in a name other than the Holder's name until the Conversion Agent receives a sum sufficient to pay any tax or duties which will be due because the shares are to be issued in a name other than the Holder's name. Nothing herein shall preclude the Company from any tax withholding or directing the withholding of any tax required by law or regulationsregulation.

Taxes on Conversion. If a Holder converts a Security, the Company shall pay any documentarytransfer, stamp or similar taxes or duties related to the issue or transfer tax due on the issue delivery of shares of Common Stock upon the such conversion. However, the The Company shall also pay any such tax with respect to cash received in lieu of fractional shares. The Holder shall pay any such tax which is due because the Holder requests the shares to be issued in a name other than the Holder's name and any income tax which is imposed on the Holder as a result of the conversion’s name. The Conversion Agent may refuse to deliver the certificates certificate representing the Common Stock being issued in a name other than the Holder's ’s name until the Conversion Agent receives a sum sufficient to pay any tax which will be due because the shares are to be issued in a name other than the Holder's ’s name. Nothing herein shall preclude the Company from any tax withholding or directing the withholding of any tax required by law or regulationsregulation.

Taxes on Conversion. If a Holder holder converts a Security, the Company shall pay any documentary, stamp or similar issue or transfer tax or duties due on the issue of shares of Common Stock upon the conversion. However, the Holder holder shall pay any such tax or duty which is due because the Holder holder requests the shares to be issued in a name other than the Holderholder's name and any income tax which is imposed on the Holder holder as a result of the conversion. The Conversion Agent may refuse to deliver the certificates representing the Common Stock being issued in a name other than the Holderholder's name until the Conversion Agent receives a sum sufficient to pay any tax or duty which will be due because the shares are to be issued in a name other than the Holderholder's name. Nothing herein shall preclude the Company from any tax withholding or directing the withholding of any tax required by applicable law or regulations.

Taxes on Conversion. If a Holder holder converts a Security, the Company Alltel shall pay any documentary, stamp or similar issue or transfer tax or duties due on the issue of shares of Common Stock upon the conversion. However, the Holder holder shall pay any such tax or duty which is due because the Holder holder requests the shares to be issued in a name other than the Holder's holder’s name and any income tax which is imposed on the Holder holder as a result of the conversion. The Conversion Agent may refuse to deliver the certificates representing the Common Stock being issued in a name other than the Holder's holder’s name until the Conversion Agent receives a sum sufficient to pay any tax or duty which will be due because the shares are to be issued in a name other than the Holder's holder’s name. Nothing herein shall preclude the Company or Alltel from any tax withholding or directing the withholding of any tax required by applicable law or regulations.

Taxes on Conversion. If a Holder converts a Security, the Company shall pay any documentary, stamp or similar issue or transfer tax due on taxes or duties relating to the issue issuance or delivery of shares of Common Stock upon the conversionexercise of such conversion rights. However, the Holder shall pay any such tax or duty which is due because may be payable relating to any transfer involving the Holder requests issuance or delivery of the shares to be issued Common Stock in a name other than the Holder's name and any income tax which is imposed on the Holder as a result of the conversion’s name. The Conversion Agent may refuse to deliver the certificates certificate representing the Common Stock being issued in a name other than the Holder's ’s name until the Conversion Agent receives a sum sufficient to pay any tax or duties which will be due because the shares are to be issued in a name other than the Holder's ’s name. Nothing herein shall preclude the Company from any tax withholding or directing the withholding of any tax required by law or regulationsregulation.

Taxes on Conversion. If a Holder converts a Security, the Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common Stock Ordinary Shares upon the conversion. However, the Holder shall pay any such tax which is due because the Holder requests the shares to be issued in a name other than the Holder's ’s name and any income tax which is imposed on the Holder as a result of the conversion. The Conversion Agent may refuse to deliver the certificates representing the Common Stock Ordinary Shares being issued in a name other than the Holder's ’s name until the Conversion Agent receives a sum sufficient to pay any tax which will be due because the shares are to be issued in a name other than the Holder's ’s name. Nothing herein shall preclude the Company from any tax withholding or directing the withholding of any tax required by law or regulations.

Taxes on Conversion. If a Holder converts a Security, the Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common Stock Ordinary Shares upon the conversion. However, the Holder shall pay any such tax which is due because the Holder requests the shares to be issued in a name other than the Holder's name and any income tax which is imposed on the Holder as a result of the conversion. The Conversion Agent may refuse to deliver the certificates representing the Common Stock Ordinary Shares being issued in a name other than the Holder's name until the Conversion Agent receives a sum sufficient to pay any tax which will be due because the shares are to be issued in a name other than the Holder's name. Nothing herein shall preclude the Company from any tax withholding or directing the withholding of any tax required by law or regulations.

Taxes on Conversion. If a Holder converts a Security, the ------------------- Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Series A Common Stock upon the such conversion. However, the Holder shall pay any such tax which is due because the Holder requests the shares to be issued in a name other than the Holder's name and any income tax which is imposed on the Holder as a result of the conversionname. The Conversion Conver sion Agent may refuse to deliver the certificates representing the shares of Series A Common Stock being issued in a name other than the Holder's name until the Conversion Agent receives a sum sufficient to pay any tax which will be due because the shares are to be issued in a name other than the Holder's name. Nothing herein shall preclude the Company from any tax withholding or directing the withholding of any tax required by law or regulations.

Taxes on Conversion. If a Convertible Holder converts a SecurityConvertible Note, the Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue issuance of shares of Common Stock upon the such conversion. However, the Convertible Holder shall pay any such tax which is due because the Convertible Holder requests the shares to be issued in a name other than the Convertible Holder's name and any income tax which is imposed on the Holder as a result of the conversionname. The Conversion Agent may refuse to deliver the certificates certificate representing the Common Stock being issued in a name other than the Convertible Holder's name until the Conversion Agent receives a sum sufficient to pay any tax which will be due because the shares are to be issued in a name other than the Convertible Holder's name. Nothing herein shall preclude the Company from any tax withholding or directing the withholding of any tax required by law or regulationsregulation.

Taxes on Conversion. If a Holder converts a SecurityNote, the Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common Stock upon the such conversion. HoweverThe Holder, the Holder however, shall pay any such tax which that is due because the Holder requests the shares to be issued in a name other than the Holder's name and any income tax which is imposed on the Holder as a result of the conversionname. The Conversion Agent may may, and, if so instructed by the Company, shall, refuse to deliver the certificates representing the Common Stock being issued in a name other than the Holder's name until the Conversion Agent receives a sum sufficient to pay any tax which will be due because the shares are to be issued in a name other than the Holder's name. Nothing herein shall preclude the Company from any tax withholding or directing the withholding of any tax required by law or regulations.

Taxes on Conversion. If a Holder converts a Security, the Company shall pay any documentary, stamp or similar issue or transfer tax due on taxes or duties relating to the issue issuance or delivery of shares of Common Stock upon the conversionexercise of such conversion rights. However, the Holder shall pay any such tax or duty which is due because may be payable relating to any transfer involving the Holder requests issuance or delivery of the shares to be issued Common Stock in a name other than the Holder's name and any income tax which is imposed on the Holder as a result of the conversionname. The Conversion Agent may refuse to deliver the certificates certificate representing the Common Stock being issued in a name other than the Holder's name until the Conversion Agent receives a sum sufficient to pay any tax or duties which will be due because the shares are to be issued in a name other than the Holder's name. Nothing herein shall preclude the Company from any tax withholding or directing the withholding of any tax required by law or regulationsregulation.

Taxes on Conversion. If a Holder converts a SecurityNote, the Company shall pay any documentary, stamp or similar issue or transfer tax due on the issue of shares of Common Stock upon the conversion. However, the Holder shall pay any such tax which is due because the Holder requests the shares to be issued in a name other than the Holder's name and any income tax which is imposed on the Holder as a result of the conversion. The Conversion Agent may refuse to deliver the certificates representing the Common Stock being issued in a name other than the Holder's name until the Conversion Agent receives a sum sufficient to pay any tax which will be due because the shares are to be issued in a name other than the Holder's name. Nothing herein shall preclude the Company from any tax withholding or directing the withholding of any tax required by law or regulations.