Notice of Certain Actions. Without limiting any provision of the Purchase Agreement or contained herein, in case at any time: (i) the Company shall offer for subscription pro rata to the holders of its shares of Senior Preferred Stock any additional shares of stock of any class or other rights; (ii) there shall be any capital reorganization or reclassification of the capital stock of the Company, or consolidation or merger of the Company with, or sale of all or substantially all its assets to, another corporation; or (iii) there shall be a voluntary or involuntary dissolution, liquidation or winding-up of the Company; then, in any one or more of said cases, the Company shall give written notice to the holder hereof, of the date on which (A) the books of the Company shall close or a record shall be taken for such transaction or (B) such reorganization, reclassification, consolidation, merger, sale, dissolution, liquidation or winding-up shall take place, as the case may be. Such notice shall also specify the date as of which the holders of shares of Senior Preferred Stock of record shall participate in such transaction or shall be entitled to exchange their shares of Senior Preferred Stock for securities or other property deliverable upon such reorganization, reclassification, consolidation, merger, sale, dissolution, liquidation, or winding-up, as the case may be. Such written notice shall be given at least 30 days prior to the action in question and not less than 30 days prior to the record date or the date on which the Company's transfer books are closed in respect thereto.
Appears in 3 contracts
Samples: Convertible Note (Electronic Retailing Systems International Inc), Convertible Note (Electronic Retailing Systems International Inc), Stock and Convertible Note Purchase Agreement (Electronic Retailing Systems International Inc)
Notice of Certain Actions. Without limiting any provision of the Purchase Agreement or contained herein, in In case at any time:
(i) 5.9.1. the Company shall declare any dividend upon shares of its capital stock payable in securities or make any special dividend or other distribution;
5.9.2. the Company shall offer for subscription pro rata to the holders of any class of its shares of Senior Preferred Stock capital stock any additional shares of stock securities of any class or other rights;
(ii) 5.9.3. there shall be any capital reorganization reorganization, or reclassification of the capital stock of the Company, or consolidation or merger of the Company with, or sale of all or substantially all its assets to, another corporation; or;
(iii) 5.9.4. there shall be a voluntary or involuntary dissolution, liquidation or winding-up of the Company; or
5.9.5. the Company shall enter into an agreement or adopt a plan for the purpose of effecting a consolidation, merger, or sale of all or substantially all of its assets; then, in any one or more of said cases, the Company shall give written notice notice, by first class mail, postage prepaid, to the registered holder hereof, of the date on which (Aa) the books of the Company shall close or a record shall be taken for such transaction dividend, distribution or subscription rights, or (Bb) such reorganization, reclassification, consolidation, merger, sale, dissolution, liquidation or winding-up shall take place, as the case may be. Such notice shall also specify the date as of which the holders of shares of Senior Preferred Stock of record shall participate in such transaction dividend, distribution or subscription rights, or shall be entitled to exchange their shares of Senior Preferred Stock for securities or other property deliverable upon such reorganization, reclassification, consolidation, merger, sale, dissolution, liquidation, or winding-up, as the case may be. Such written notice shall be given at least 30 days prior to the action in question and not less than 30 days prior to the record date or the date on which the Company's transfer books are closed in respect thereto.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Airnet Communications Corp), Securities Purchase Agreement (Airnet Communications Corp), Securities Purchase Agreement (SCP Private Equity Partners Ii Lp)
Notice of Certain Actions. Without limiting any provision of the Purchase Agreement or contained herein, in In case at any time:
(i) 5.9.1. the Company shall declare any dividend upon shares of its capital stock payable in securities or make any special dividend or other distribution;
5.9.2. the Company shall offer for subscription pro rata to the holders of any class of its shares of Senior Preferred Stock capital stock any additional shares of stock securities of any class or other rights;
(ii) 5.9.3. there shall be any capital reorganization reorganization, or reclassification of the capital stock of the Company, or consolidation or merger of the Company with, or sale of all or substantially all its assets to, another corporation; or;
(iii) 5.9.4. there shall be a voluntary or involuntary dissolution, liquidation or winding-up of the Company; or
5.9.5. the Company shall enter into an agreement or adopt a plan for the purpose of effecting a consolidation, merger, or sale of all or substantially all of its assets; then, in any one or more of said cases, the Company shall give written notice notice, by first class mail, postage prepaid, to the registered holder hereof, of the date on which (Aa) the books of the Company shall close or a record shall be taken for such transaction dividend, distribution or subscription rights, or (Bb) such reorganization, reclassification, consolidation, merger, sale, dissolution, liquidation or winding-up shall take place, as the case may be. Such notice shall also specify the date as of which the holders of shares of Senior Preferred Stock of record shall participate in such transaction dividend, distribution or subscription rights, or shall be entitled to exchange their shares of Senior Preferred Stock for securities or other property deliverable upon such reorganization, reclassification, consolidation, merger, sale, dissolution, liquidation, or winding-up, as the case may be. Such written notice shall be given at least 30 days prior to the action in question and not less than 30 days prior to the record date or the date on which the Company's ’s transfer books are closed in respect thereto.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Airnet Communications Corp), Securities Purchase Agreement (Airnet Communications Corp), Securities Purchase Agreement (Airnet Communications Corp)
Notice of Certain Actions. Without limiting any provision of the Purchase Agreement or contained herein, in In case at any time:
(i1) the Company shall declare any discretionary dividend upon any class of its capital stock payable in securities or make any special dividend or other distribution;
(2) the Company shall offer for subscription pro rata to the holders of any class of its shares of Senior Preferred Stock capital stock any additional shares of stock securities of any class or other rights;
(ii3) there shall be any capital reorganization reorganization, or reclassification of the capital stock of the Company, or consolidation or merger of the Company with, or sale of all or of substantially all its assets or stock to, another corporation; or;
(iii4) there shall be a voluntary or involuntary dissolution, liquidation or winding-up of the Company; or
(5) the Company shall enter into an agreement or adopt a plan for the purpose of effecting a consolidation, merger, or sale of all or substantially all of its assets or stock, other than a merger where the Company is the surviving corporation and the terms of the Company's capital stock remain unchanged; then, in any one or more of said cases, the Company shall give written notice notice, by first class mail, postage prepaid, to the holder hereofregistered owner of this Warrant, of the date on which (Aa) the books of the Company shall close or a record shall be taken for such transaction dividend, distribution or subscription rights, or (Bb) such reorganization, reclassification, consolidation, merger, sale, dissolution, liquidation or winding-up shall take place, as the case may be. Such notice shall also specify the date as of which the holders owners of shares any class of Senior Preferred Stock capital stock of record shall participate in such transaction dividend, distribution or subscription rights, or shall be entitled to exchange their shares of Senior Preferred Stock capital stock for securities or other property deliverable upon such reorganization, reclassification, consolidation, merger, merger sale, dissolution, liquidation, liquidation or winding-up, up as the case may be. Such written notice shall be given at least 30 days prior to the action in question if practicable and not less than 30 days prior to the record date or the date on which the Company's transfer books are closed in respect theretothereto if practicable.
Appears in 1 contract
Samples: Share Warrant (Infomed Holdings Inc)
Notice of Certain Actions. Without limiting any provision of the Purchase Agreement or contained herein, in In case at any time:
(i1) the Company shall declare any discretionary dividend upon any class of its capital stock payable in securities or make any special dividend or other distribution;
(2) the Company shall offer for subscription pro rata to the holders of any class of its shares of Senior Preferred Stock capital stock any additional shares of stock securities of any class or other rights;
(ii3) there shall be any capital reorganization reorganization, or reclassification of the capital stock of the Company, or consolidation or merger of the Company with, or sale of all or of substantially all its assets or stock to, another corporation; or;
(iii4) there shall be a voluntary or involuntary dissolution, liquidation or winding-up of the Company; or
(5) the Company shall enter into an agreement or adopt a plan for the purpose of effecting a consolidation, merger, or sale of all or substantially all of its assets or stock, other than a merger where the Company is the surviving corporation and the terms of the Company's capital stock remain unchanged; then, in any one or more of said cases, the Company shall give written notice notice, by first class mail, postage prepaid, to the holder hereofregistered owner of this Warrant, of the date on which (Aa) the books of the Company shall close or a record shall be taken for such transaction dividend, distribution or subscription rights, or (Bb) such reorganization, reclassification, consolidation, merger, sale, dissolution, liquidation or winding-up shall take place, as the case may be. Such notice shall also specify the date as of which the holders owners of shares any class of Senior Preferred Stock capital stock of record shall participate in such transaction dividend, distribution or subscription rights, or shall be entitled to exchange their shares of Senior Preferred Stock capital stock for securities or other property deliverable upon such reorganization, reclassification, consolidation, merger, sale, dissolution, liquidation, liquidation or winding-up, up as the case may be. Such written notice shall be given at least 30 days prior to the action in question if practicable and not less than 30 days prior to the record date or the date on which the Company's transfer books are closed in respect theretothereto if practicable.
Appears in 1 contract
Samples: Warrant Agreement (Cytrx Corp)
Notice of Certain Actions. Without limiting any provision of the Purchase Agreement or contained herein, in In case at any time:
(i1) the Company shall declare any dividend upon shares of its capital stock payable in securities or make any special dividend or other distribution;
(2) the Company shall offer for subscription pro rata to the holders of any class of its shares of Senior Preferred Stock capital stock any additional shares of stock securities of any class or other rights;
(ii3) there shall be any capital reorganization reorganization, or reclassification of the capital stock of the Company, or consolidation or merger of the Company with, or sale of all or substantially all its assets to, another corporation; or
(iii4) there shall be a voluntary or involuntary dissolution, liquidation or winding-up of the Company; then, in any one or more of said cases, the Company shall give written notice in the manner provided in Section 11 to the holder Holder hereof, of the date on which (Aa) the books of the Company shall close or a record shall be taken for such transaction dividend, distribution or subscription rights, or (Bb) such reorganization, reclassification, consolidation, merger, sale, dissolution, liquidation or winding-up shall take place, as the case may be. Such notice shall also specify the date as of which the holders of shares of Senior Preferred Stock of record shall participate in such transaction dividend, distribution or subscription rights, or shall be entitled to exchange their shares of Senior Preferred Stock for securities or other property deliverable upon such reorganization, reclassification, consolidation, merger, sale, dissolution, liquidation, or winding-up, as the case may be. Such written notice shall be given at least 30 days prior to the action in question and not less than 30 days prior to the record date or the date on which the Company's transfer books are closed in respect thereto.
Appears in 1 contract
Samples: Convertible Note (Ecogen Inc)