Common use of Mandatory Notices Clause in Contracts

Mandatory Notices. With respect to each Mandatory Redemption Event, the Company shall deliver a written notice by confirmed facsimile, email and overnight courier (with next day delivery specified) to all, but not less than all, of the holders of Debentures (the “Mandatory Redemption Notice” and the date such notice is delivered to all such holders is referred to as the “Mandatory Redemption Notice Date”) (i) stating the date on which the applicable Mandatory Redemption shall occur (the “Mandatory Redemption Date”), which date shall be at least two (2) Business Days immediately prior to such Mandatory Redemption Event, (ii) stating the amount of Proceeds with respect to such Mandatory Redemption Event and (iii) shall contain a certification from the Chief Executive Officer of the Company that the Company has simultaneously taken the same action with respect to all of the Debentures.

Mandatory Notices. With respect to each Mandatory Redemption Event, the Company shall deliver a written notice by confirmed facsimile, email and or overnight courier (with next day delivery specified) to all, but not less than all, of the holders of Debentures (the “Mandatory Redemption Notice” and the date such notice is delivered to all such holders is referred to as the “Mandatory Redemption Notice Date”) ) (ia) stating the date on which the applicable Mandatory Redemption shall occur (the “Mandatory Redemption Date”), which date shall be at least two (2) Business Trading Days immediately prior to such Mandatory Redemption Event, (iib) stating the amount of Proceeds gross proceeds with respect to such Mandatory Redemption Event and (iiic) shall contain a certification from the Chief Executive Officer of the Company that the Company has simultaneously taken the same action with respect to all of the Debentures.

Mandatory Notices. With respect to each Mandatory Redemption Event, the Company shall deliver a written notice by confirmed facsimile, email and or overnight courier (with next day delivery specified) to all, but not less than all, of the holders of Debentures (the “Mandatory Redemption Notice” and the date such notice is delivered to all such holders is referred to as the “Mandatory Redemption Notice Date”) ) (ia) stating the date on which the applicable Mandatory Redemption shall occur (the “Mandatory Redemption Date”), which date shall be at least two (2) Business Trading Days immediately prior to such Mandatory Redemption Event, (iib) stating the amount of Proceeds gross proceeds with respect to such Mandatory Redemption Event and (iiic) shall contain a certification from the Chief Executive Officer an officer of the Company that the Company has simultaneously taken the same action with respect to all of the Debentures.