Common use of Notice of Dissolution or Liquidation Clause in Contracts

Notice of Dissolution or Liquidation. In case of any distribution of the assets of the Company in dissolution or liquidation (except under circumstances when the foregoing Section 7 shall be applicable), the Company shall give notice thereof to the Holder hereof and shall make no distribution to shareholders until the expiration of thirty (30) days from the date of mailing of the aforesaid notice and, in any case, the Holder hereof may exercise this Warrant within thirty (30) days from the date of the giving of such notice, and all rights herein granted not so exercised within such thirty-day period shall thereafter become null and void.

Appears in 10 contracts

Samples: Master Loan and Security Agreement (Biotransplant Inc), Nbog Bancorporation Inc, Master Loan and Security Agreement (Galagen Inc)

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Notice of Dissolution or Liquidation. In case of any distribution of the assets of the Company in dissolution or liquidation (except under circumstances when the foregoing Section 7 8 shall be applicable), the Company shall give notice thereof to the Holder hereof and shall make no distribution to shareholders until the expiration of thirty (30) 15 days from the date of mailing of the aforesaid notice and, in any case, the Holder hereof may exercise this Warrant within thirty fifteen (3015) days from the date of the giving of such notice, and all rights herein granted not so exercised within such thirtyfifteen-day period shall thereafter become null and void.

Appears in 3 contracts

Samples: Cisco Systems Capital CORP, Cisco Systems Capital CORP, Cisco Systems Capital CORP

Notice of Dissolution or Liquidation. In case of any distribution of the assets of the Company in dissolution or liquidation (except under circumstances when the foregoing Section 7 8 shall be applicable), the Company shall give notice thereof to the Holder hereof and shall make no distribution to shareholders until the expiration of thirty (30) days from the date of mailing of the aforesaid notice and, in any case, the Holder hereof may exercise this Warrant within thirty (30) days from the date of the giving of such notice, and all rights herein granted not so exercised within such thirty-day period shall thereafter become null and void.

Appears in 2 contracts

Samples: Vonage Holdings Corp, Vonage Holdings Corp

Notice of Dissolution or Liquidation. In case of any distribution of the assets of the Company in dissolution or liquidation (except under circumstances when the foregoing Section 7 8 shall be applicable), the Company shall give notice thereof to the Holder hereof and shall make no distribution to shareholders until the expiration of thirty (30) days from the date of mailing of the aforesaid notice and, in any case, the Holder hereof may exercise this Warrant within thirty (30) days from the date of the giving of such notice, and all rights herein granted not so exercised within such thirty-day period shall thereafter become null and void.

Appears in 2 contracts

Samples: Nhancement Technologies Inc, CTC Communications Group Inc

Notice of Dissolution or Liquidation. In case of any distribution of the assets of the Company in dissolution or liquidation (except under circumstances when the foregoing Section 7 shall be applicable), the Company shall give notice thereof to the Holder hereof and shall make no distribution to shareholders until the expiration of thirty five (305) days from the date of mailing of the aforesaid notice and, in any case, the Holder hereof may exercise this Warrant prior to the expiration date hereof within thirty five (305) days from the date of the giving of such notice, and all rights herein granted not so exercised within such thirtyfifteen-day period shall thereafter become null and void.

Appears in 2 contracts

Samples: License Agreement (Tengion Inc), License Agreement (Tengion Inc)

Notice of Dissolution or Liquidation. In case of any distribution of the assets of the Company in dissolution or liquidation (except under circumstances when the foregoing Section 7 8 shall be applicable), the Company shall give notice thereof to the Holder hereof and shall make no distribution to shareholders until the expiration of thirty (30) days from the date of mailing of the aforesaid notice and, in any case, the Holder hereof may exercise this Warrant within thirty (30) days from the date of the giving of such notice, and all rights herein granted not so exercised within such thirty-thirty- day period shall thereafter become null and void.

Appears in 1 contract

Samples: CTC Communications Group Inc

Notice of Dissolution or Liquidation. In case of any distribution ------------------------------------ of the assets of the Company in dissolution or liquidation (except under circumstances when the foregoing Section 7 shall be applicable), the Company shall give notice thereof to the Holder hereof and shall make no distribution to shareholders until the expiration of thirty (30) days from the date of mailing of the aforesaid notice and, in any case, the Holder hereof may exercise this Warrant within thirty (30) days from the date of the giving of such notice, and all rights herein granted not so exercised within such thirty-day period shall thereafter become null and void.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Keravision Inc /Ca/)

Notice of Dissolution or Liquidation. In case of any distribution of ------------------------------------ the assets of the Company in dissolution or liquidation (except under circumstances when the foregoing Section 7 shall be applicable), the Company shall give notice thereof to the Holder hereof and shall make no distribution to shareholders until the expiration of thirty (30) days from the date of mailing of the aforesaid notice and, in any case, the Holder hereof may exercise this Warrant within thirty (30) days from the date of the giving of such notice, and all rights herein granted not so exercised within such thirty-day period shall thereafter become null and void.

Appears in 1 contract

Samples: Loan and Security Agreement (Tut Systems Inc)

Notice of Dissolution or Liquidation. In case of any ------------------------------------ distribution of the assets of the Company in dissolution or liquidation (except under circumstances when the foregoing Section 7 shall be applicable), the Company shall give notice thereof to the Holder hereof and shall make no distribution to shareholders until the expiration of thirty twenty (3020) days from the date of mailing of the aforesaid notice and, in any case, the Holder hereof may exercise this Warrant within thirty twenty (3020) days from the date of the giving of such notice, and all rights herein granted not so exercised within such thirty-thirty- day period shall thereafter become null and void.

Appears in 1 contract

Samples: Curis Inc

Notice of Dissolution or Liquidation. In case of any distribution of the assets of the Company in dissolution or liquidation (except under circumstances when the foregoing Section 7 Article 6 shall be applicable), the Company shall give notice thereof to the Holder hereof and shall make no distribution to shareholders until the expiration of thirty (30) days from the date of mailing of the aforesaid notice and, in any case, the Holder hereof may exercise convert this Warrant Note within thirty (30) days from the date of the giving of such notice, notice and all rights herein granted not so exercised within such thirty-thirty (30) day period shall thereafter become null and void.

Appears in 1 contract

Samples: Convertible Note (Freedom Financial Holdings Inc)

Notice of Dissolution or Liquidation. In case of any distribution of the assets of the Company in dissolution or liquidation (except under circumstances when the foregoing Section 7 shall be applicable), the Company shall give notice thereof to the Holder hereof and shall make no distribution to shareholders until the expiration of thirty often (3010) business days from the date of mailing of the aforesaid notice and, in any case, the Holder hereof may exercise this Warrant within thirty ten (3010) business days from the date of the giving of such notice, and all rights herein granted not so exercised within such thirty-day period shall thereafter become null and void.

Appears in 1 contract

Samples: Optimark Technologies Inc

Notice of Dissolution or Liquidation. In case of any ------------------------------------ distribution of the assets of the Company in dissolution or liquidation (except under circumstances when the foregoing Section 7 shall be applicable), the Company shall give notice thereof to the Holder hereof and shall make no distribution to shareholders until the expiration of thirty twenty (3020) days from the date of mailing of the aforesaid notice and, in any case, the Holder hereof may exercise this Warrant within thirty twenty (3020) days from the date of the giving of such notice, and all rights herein granted not so exercised within such thirty-day period shall thereafter become null and void.

Appears in 1 contract

Samples: Curis Inc

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Notice of Dissolution or Liquidation. In case of any distribution ------------------------------------- of the assets of the Company in dissolution or liquidation (except under circumstances when the foregoing Section 7 shall be applicable), the Company shall give notice thereof to the Holder hereof and shall make no distribution to shareholders until the expiration of thirty (30) days from the date of mailing of the aforesaid notice and, in any case, the Holder hereof may exercise this Warrant within thirty (30) days from the date of the giving of such notice, and all rights herein granted not so exercised within such thirty-day period shall thereafter become null and void.

Appears in 1 contract

Samples: Loan and Security Agreement (Lifecell Corp)

Notice of Dissolution or Liquidation. In case of any distribution ------------------------------------ of the assets of the Company in dissolution or liquidation (except under circumstances when the foregoing Section 7 shall be applicable)liquidation, the Company shall give notice thereof to the Holder hereof and shall make no distribution to shareholders until the expiration of thirty (30) days from the date of mailing of the aforesaid notice and, in any case, the Holder hereof may exercise this Warrant within thirty (30) days from the date of the giving of such notice, and all rights herein granted not so exercised within such thirty-day period shall thereafter become null and void.

Appears in 1 contract

Samples: Intellectual Property Security Agreement (Cardima Inc)

Notice of Dissolution or Liquidation. In case of any distribution of the assets of the Company in dissolution or liquidation (except under circumstances when the foregoing Section 7 4 shall be applicable), the Company shall give notice thereof to the Holder hereof and shall make no distribution to shareholders until the expiration of thirty fifteen (3015) days from the date of mailing of the aforesaid notice and, in any case, the Holder hereof may exercise this the Warrant Rights within thirty fifteen (3015) days from the date of the giving of such notice, and all rights herein granted not so exercised within such thirtyfifteen-day period shall thereafter become null and void.

Appears in 1 contract

Samples: Preferred Stock and Warrant Purchase Agreement (Cellomics Inc)

Notice of Dissolution or Liquidation. In case of any distribution ------------------------------------ of the assets of the Company in dissolution or liquidation (except under circumstances when the foregoing Section 7 shall be applicable), the Company shall give notice thereof to the Holder hereof and shall make no distribution to shareholders until the expiration of thirty twenty (3020) days from the date of mailing of the aforesaid notice and, in any case, the Holder hereof may exercise this Warrant within thirty twenty (3020) days from the date of the giving of such notice, and all rights herein granted not so exercised within such thirty-day period shall thereafter become null and void.

Appears in 1 contract

Samples: Curis Inc

Notice of Dissolution or Liquidation. In case of any distribution of the assets of the Company in dissolution or liquidation (except under circumstances when the foregoing Section 7 8 shall be applicable), the Company shall give notice thereof to the Holder hereof and shall make no distribution to shareholders until the expiration of thirty ten (3010) days from the date of mailing of the aforesaid notice and, in any case, the Holder hereof may exercise this Warrant within thirty (30) days from the date of the giving of such notice, and all rights herein granted not so exercised within such thirty-day period shall thereafter become null and void.

Appears in 1 contract

Samples: Cbeyond Communications Inc

Notice of Dissolution or Liquidation. In case of any distribution of the assets of the Company in dissolution or liquidation (except under circumstances when the foregoing Section 7 8 hereof shall be applicable), the Company shall give notice thereof to the Holder hereof and shall make no distribution to shareholders until the expiration of thirty ten (3010) days from the date of mailing of the aforesaid notice and, in any case, the Holder hereof may exercise this Warrant within thirty ten (3010) days from the date of the giving of such notice, and all rights herein granted not so exercised within such thirtyten-day period shall thereafter become null and void.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Yak Communications Usa Inc)

Notice of Dissolution or Liquidation. In case of any distribution of the assets of the Company in dissolution or liquidation (except under circumstances when the foregoing Section 7 8 shall be applicable), the Company shall give notice thereof to the Holder hereof and shall make no distribution to shareholders until the expiration of thirty (30) days from the date of mailing of the aforesaid notice and, in any case, the Holder hereof may exercise this Warrant within thirty (30) days from the date of the giving of such notice, and all rights herein granted not so exercised within such thirty-day period shall thereafter become null and void. SECTION 10.

Appears in 1 contract

Samples: CTC Communications Group Inc

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