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Delivery of Conversion Shares by Electronic Transfer
Delivery of Conversion Shares by Electronic Transfer contract clause examples

Transfer Taxes and Expenses. The issuance of Conversion Shares on conversion of this Note shall be made without charge to the Holder hereof for any documentary stamp or similar taxes that may be payable in respect of the issue or delivery of such certificates. The [[Organization A:Organization]] shall pay all Transfer Agent fees required for same-day processing of any Notice of Conversion and all fees to the Depository Trust [[Organization A:Organization]] (or another established clearing corporation performing similar functions) required for same-day electronic delivery of the Conversion Shares.

Transfer Taxes and Expenses. The issuance of Conversion Shares on conversion of this Note shall be made without charge to the Holder hereof for any documentary stamp or similar taxes that may be payable in respect of the issue or delivery of such Conversion Shares, provided that [[Organization A:Organization]] shall not be required to pay any tax that may be payable in respect of any transfer involved in the issuance and delivery of any such Conversion Shares upon conversion in a name other than that of the Holder of this Note so converted and [[Organization A:Organization]] shall not be required to issue or deliver such Conversion Shares unless or until the Person or Persons requesting the issuance thereof shall have paid to [[Organization A:Organization]] the amount of such tax or shall have established to the satisfaction of [[Organization A:Organization]] that such tax has been paid. [[Organization A:Organization]] shall pay all Transfer Agent fees required for same-day processing of any conversion and all fees to the Depository Trust Company (or another established clearing corporation performing similar functions) required for same-day electronic delivery of the Conversion Shares. [[Organization A:Organization]] shall pay all attorney fees required for the issuance of attorney legal opinions for removal of restrictive legends on Conversion Shares.

Transfer Taxes. The issuance of certificates for shares of the Common Stock on conversion of this Note shall be made without charge to the Holder hereof for any documentary stamp or similar taxes, or any other issuance or transfer fees of any nature or kind that may be payable in respect of the issue or delivery of such certificates, any such taxes or fees, if payable, to be paid by the Company.

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