Notice of Distributions. If the Company determines to make any distribution on its Common Stock, then the Company shall deliver a notice of its intention to make such distribution by first class mail, postage prepaid, at least twenty (20) business days prior to the record date for such distribution to each registered Holder of Warrants at such Holder's address appearing on the Warrant Register, but failure to mail or to receive such notice or any defect therein or in the mailing thereof shall not affect the validity of any action taken in connection with such distribution.
Appears in 2 contracts
Samples: 9% Senior Subordinated Debenture and Warrant Purchase Agreement (Logical Design Solutions Inc), Warrant Agreement (Metris Companies Inc)
Notice of Distributions. If the Company determines to make any ----------------------- distribution on its Common Stock, then the Company shall deliver a notice of its intention to make such distribution by first class mail, postage prepaid, at least twenty (20) business days prior to the record date for such distribution to each registered Holder of Warrants at such Holder's address appearing on the Warrant Register, but failure to mail or to receive such notice or any defect therein or in the mailing thereof shall not affect the validity of any action taken in connection with such distribution.
Appears in 2 contracts
Samples: Warrant Agreement (CFW Communications Co), Warrant Agreement (CFW Communications Co)
