Common use of Company to Give Notice of Certain Events Clause in Contracts

Company to Give Notice of Certain Events. If at any time: (a) Chevron shall declare a dividend (or any other distribution) on the Chevron Common Stock which the Exchange Agent would be required to apply for the benefit of the Holders of the Debentures in accordance with Section 205 hereof; or (b) Chevron shall authorize the granting of subscription rights, options, warrants or other similar rights to holders of Chevron Common Stock; or (c) there shall occur any reclassification of Chevron Common Stock (other than a subdivision or combination of outstanding shares of Chevron Common Stock) or any consolidation or merger to which Chevron is a party and for which approval of any stockholders of Chevron is required, or the sale or transfer of all or substantially all of the assets of Chevron; or (d) there shall occur the voluntary or involuntary dissolution, liquidation or winding up of Chevron; then the Company shall as promptly as practicable cause to be filed at the office or agency maintained pursuant to Section 1002 of the Indenture and cause to be mailed to the Holders of Debentures at their last addresses as they shall appear upon the Security Register a notice stating (x) the date, if known by the Company, on which a record is to be taken for the purpose of such dividend, distribution or grant of rights, or, if a record is not to be taken, the date as of which the holders of Chevron Common Stock of record to be entitled to such dividend or distribution or grant of rights are to be determined, or (y) the date, if known by the Company, on which such reclassification, merger, consolidation, sale, transfer, dissolution, liquidation or winding up is expected to become effective, and the date as of which it is expected that holders of Chevron Common Stock of record shall be entitled to exchange their shares of Chevron Common Stock for securities or other property deliverable upon such reclassification, consolidation, merger, sale, transfer, dissolution, liquidation or winding up.

Appears in 3 contracts

Samples: Third Supplemental Indenture (Pennzoil Co /De/), Third Supplemental Indenture (Pennzenergy Co), Third Supplemental Indenture (Pennzoil Co /De/)

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Company to Give Notice of Certain Events. If In case at any timetime after November 10, 1995: (a) Chevron Granges shall declare a dividend (or any other distribution) on the Chevron Granges Common Stock which the Exchange Escrow Agent would be required entitled to hold and apply for the benefit of the Holders of the Debentures Securities in accordance with Section 205 hereofSections 1204 or 1305; or (b) Chevron shall authorize the granting of subscription rights, options, warrants or other similar rights to holders of Chevron Common Stock; or (c) there shall occur any reclassification of Chevron Granges Common Stock (other than a subdivision or combination of outstanding shares of Chevron Granges Common Stock) or any consolidation or merger to which Chevron Granges is a party and for which approval of any stockholders of Chevron Granges is required, or the sale or transfer of all or substantially all of the assets of ChevronGranges; or (dc) there shall occur the voluntary or involuntary dissolution, liquidation or winding up of Chevron; Granges: then the Company shall as promptly as practicable cause to be filed at the each office or agency maintained pursuant to Section 1002 of the Indenture 1002, and shall cause to be mailed to the Holders of Debentures Securities at their last addresses as they shall appear upon the Security Register Register, at least 20 days or such shorter period which may be necessary under the circumstances (or six days in any case specified in Clause (a) above) prior to the record date or other applicable date hereinafter specified, a notice stating (x) the date, if known by the Company, on which a record is to be taken for the purpose of such dividend, distribution or grant of rights, or, if a record is not to be taken, the date as of which the holders of Chevron Granges Common Stock of record to be entitled to such dividend or distribution or grant of rights are to be determined, or (y) the date, if known by the Company, on which such reclassification, merger, consolidation, sale, transfer, dissolution, liquidation or winding up is expected to become effective, and the date as of which it is expected that holders of Chevron Granges Common Stock of record shall be entitled to exchange their shares of Chevron Granges Common Stock for securities or other property deliverable upon such reclassification, consolidation, merger, sale, transfer, dissolution, liquidation or winding up.

Appears in 1 contract

Samples: Indenture (Atlas Corp)

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Company to Give Notice of Certain Events. If at any time: (a) Chevron shall declare a dividend (or any other distribution) on the Chevron Common Stock which the Exchange Agent would be required to apply for the benefit of the Holders of the Debentures in accordance with Section 205 hereof; or (b) Chevron shall authorize the granting of subscription rights, options, warrants or other similar rights to holders of Chevron Common Stock; or (c) there shall occur any reclassification of Chevron Common Stock (other than a subdivision or combination of outstanding shares of Chevron Common Stock) or any consolidation or merger to which Chevron is a party and for which approval of any stockholders of Chevron is required, or the sale or transfer of all or substantially all of the assets of Chevron; or (d) there shall occur the voluntary or involuntary dissolution, liquidation or winding up of Chevron; then the Company shall as promptly as practicable cause to be filed at the office or agency maintained pursuant to Section 1002 of the Indenture and cause to be mailed to the Holders of Debentures at their last addresses as they shall appear upon the Security Securities Register a notice stating (x) the date, if known by the Company, on which a record is to be taken for the purpose of such dividend, distribution or grant of rights, or, if a record is not to be taken, the date as of which the holders of Chevron Common Stock of record to be entitled to such dividend or distribution or grant of rights are to be determined, or (y) the date, if known by the Company, on which such reclassification, merger, consolidation, sale, transfer, dissolution, liquidation or winding up is expected to become effective, and the date as of which it is expected that holders of Chevron Common Stock of record shall be entitled to exchange their shares of Chevron Common Stock for securities or other property deliverable upon such reclassification, consolidation, merger, sale, transfer, dissolution, liquidation or winding up.

Appears in 1 contract

Samples: Third Supplemental Indenture (Pennzoil Co /De/)

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