Common use of Acquisition of Company Clause in Contracts

Acquisition of Company. In the event of a proposed Acquisition of the Company, the Company shall provide the Holder with all information with respect to the Acquisition that is otherwise provided to shareholders of the Company at such time and from time to time during the pendency of the Acquisition, including (but not limited to) the proposed closing date (the “Proposed Closing Date”) and the proposed price to be paid in the proposed Acquisition. The Company shall provide the Holder with such information no less than fifteen (15) days prior to the Proposed Closing Date. The Holder shall have the right to exercise this Warrant in accordance with Section 2 no less than five (5) days prior to the closing date with respect to the proposed Acquisition; if the Warrant is not exercised on or before the fifth (5th) day preceding the closing date with respect to the proposed Acquisition, then the Warrant shall expire upon the occurrence of the closing of the Acquisition.

Appears in 3 contracts

Samples: TREES Corp (Colorado), General Cannabis Corp, General Cannabis Corp

AutoNDA by SimpleDocs

Acquisition of Company. In the event of a proposed Acquisition of the Company, the Company shall provide the Holder with all information with respect to the Acquisition that is otherwise provided to shareholders of the Company at such time and from time to time during the pendency of the Acquisition, including (but not limited to) the proposed closing date (the “Proposed Closing Date”) and the proposed price to be paid in the proposed Acquisition. The Company shall provide the Holder with such information no less than fifteen (15) days prior to the Proposed Closing Date. The Holder shall have the right to exercise this Warrant in accordance with Section 2 no less than five (5) days prior to the closing date with respect to the proposed Acquisition; if the Warrant is not exercised on or before the fifth (5th) day preceding the closing date with respect to the proposed Acquisition, then the Warrant shall expire upon the occurrence of the closing of the Acquisition.. ​

Appears in 1 contract

Samples: TREES Corp (Colorado)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!