Common use of Notice of Adjustment Events Clause in Contracts

Notice of Adjustment Events. Whenever the Company contemplates the occurrence of an event which would give rise to adjustments under this Section 3, the Company shall mail to each Warrant Holder, at least 5 days prior to the record date with respect to such event or, if no record date shall be established, at least 5 days prior to such event, a notice specifying (i) the nature of the contemplated event, and (ii) the date on which any such record is to be taken for the purpose of such event, and (iii) the date on which such event is expected to become effective, and (iv) the time, if any is to be fixed, when the holders of record shall be entitled to exchange their ADSs or Ordinary Shares (or other securities) for securities or other property deliverable in connection with such event.

Appears in 6 contracts

Samples: Warrant (Insignia Solutions PLC), Warrant (Insignia Solutions PLC), Warrant (Insignia Solutions PLC)

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Notice of Adjustment Events. Whenever the Company contemplates the occurrence of an event which would give rise to adjustments under this Section 35, the Company shall mail to each the Warrant Holder, at least 5 fifteen (15) days prior to the record date with respect to such event or, if no record date shall be established, at least 5 fifteen (15) days prior to such event, a notice specifying (i) the nature of the contemplated event, and (ii) the date on which any such record is to be taken for the purpose of such event, and (iii) the date on which such event is expected to become effective, and (iv) the time, if any is to be fixed, when the holders of record of Shares interest (or other securities) shall be entitled to exchange their ADSs or Ordinary Shares (or other securities) for securities or other property deliverable in connection with such event.

Appears in 1 contract

Samples: Celcuity Inc.

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Notice of Adjustment Events. Whenever the Company contemplates the occurrence of an event which would give rise to adjustments under this Section 35, the Company shall mail to each the Warrant Holder, at least 5 fifteen (15) days prior to the record date with respect to such event or, if no record date shall be established, at least 5 fifteen (15) days prior to such event, a notice specifying (i) the nature of the contemplated event, and (ii) the date on which any such record is to be taken for the purpose of such event, and (iii) the date on which such event is expected to become effective, and (iv) the time, if any is to be fixed, when the holders of record of Shares (or other securities) shall be entitled to exchange their ADSs or Ordinary Shares (or other securities) for securities or other property deliverable in connection with such event.

Appears in 1 contract

Samples: Celcuity LLC

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