Common use of Notice of Capital Changes Clause in Contracts

Notice of Capital Changes. In case: (i) the Company shall declare any dividend or distribution payable to the holders of shares of Common Stock; (ii) there shall be any capital reorganization or reclassification of the capital of the Company, or consolidation or merger of the Company with, or sale of all or substantially all of its assets to, another corporation or business organization; (iii) there shall be a voluntary or involuntary dissolution, liquidation or winding up of the Company; or (iv) the Company shall propose to commence an initial public offering; then, in any one or more of said cases, the Company shall give the Holder hereof written notice of such event, in the manner set forth in Section 9(d) below, at least 90 days prior to the date on which a record shall be taken for such dividend or distribution or for determining shareholders entitled to vote upon such reorganization, reclassification, consolidation, merger, sale, dissolution, liquidation, winding up or the date when any such transaction shall take place, as the case may be.

Appears in 12 contracts

Samples: Warrant Agreement (Radio One Inc), Warrant Agreement (Radio One Inc), Warrant Agreement (Radio One Inc)

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