Common use of Dividends, Distributions, Subscription Rights Clause in Contracts

Dividends, Distributions, Subscription Rights. If the Company (i) pays any dividend, or makes any distribution, or repurchases or redeems any of its securities, or (ii) offers any subscription rights pro rata to the holders of its Common Stock, then at least 15 days prior to the record date for such action, the Company will send written notice (by first class mail, postage prepaid, addressed to the Holder at its address shown on the books of the Company) of the dates on which (A) the Company will close its books or take a record for such action and (B) the holders of Common Stock of record will participate in such action.

Appears in 2 contracts

Samples: Stockholders Agreement (Freerealtime Com Inc), Stockholders Agreement (Freerealtime Com Inc)

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Dividends, Distributions, Subscription Rights. If the Company Corporation (i) pays any dividend, dividend or makes any other distribution, or repurchases or redeems any of its securities, or (ii) offers any subscription rights pro rata to the holders of its Common Stock, then at least 15 days prior to the record date for such action, the Company Corporation will send written notice (by first class mail, postage prepaid, addressed to the Holder at its address shown on the books of the CompanyCorporation) of the dates on which (A) the Company Corporation will close its books or take a record for such action and (B) the holders of Common Stock of record will participate in such action.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Information Analysis Inc)

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Dividends, Distributions, Subscription Rights. If the Company (i) pays any dividend, or makes any distribution, or repurchases or redeems any of its securities, or (ii) offers any subscription rights pro rata to the holders of its Common StockStock generally to purchase any additional shares of stock of any class or any other rights, or (ii) authorizes the issuance of shares of Common Stock or Common Stock Equivalents, then at least 15 fifteen (15) days prior to the record date for such action, the Company will send written notice of such action (by first class mail, postage prepaid, addressed to the Holder at its address shown on the books of the Companyin reasonable detail) of and the dates on which (A) the Company will close its books or take a record for such action, (B) such action will occur, and (BC) the holders of Common Stock of record will participate in such action.

Appears in 1 contract

Samples: Exchange Agreement and Plan of Reorganization (Vitesse Semiconductor Corp)

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