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 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 convert this Note within thirty (30) days from the date of the giving of such notice and all rights herein granted not so exercised within such thirty (30) day period shall thereafter become null and void.

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 Article 6 Section 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 convert this Note exercise the Warrant Rights within thirty fifteen (3015) days from the date of the giving of such notice notice, and all rights herein granted not so exercised within such thirty (30) fifteen-day period shall thereafter become null and void.

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 Article 6 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 convert exercise this Note Warrant within thirty twenty (3020) days from the date of the giving of such notice notice, and all rights herein granted not so exercised within such thirty (30) thirty-day period shall thereafter become null and void.

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 Article 6 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 convert exercise this Note Warrant 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 (30) thirty-day period shall thereafter become null and void.