Common use of NOTICE OF EXTRAORDINARY DIVIDENDS Clause in Contracts

NOTICE OF EXTRAORDINARY DIVIDENDS. If the Board of Directors of the Company shall declare any dividend or other distribution on its Common Stock except out of earned surplus or by way of a stock dividend payable in shares of its Common Stock, the Company shall mail notice thereof to the Holder hereof not less than ten (10) days prior to the record date fixed for determining shareholders entitled to participate in such dividend or other distribution, and the Holder hereof shall not participate in such dividend or other distribution unless this Warrant may be converted, in whole or in part, pursuant to Section 2.1 of this Warrant, and is converted prior to such record date. The provisions of this Section 7 shall not apply to distributions made in connection with transactions covered by Section 5.

NOTICE OF EXTRAORDINARY DIVIDENDS. If the Board of Directors of the Company shall declare any dividend or other distribution on its Common Stock except out of earned surplus retained earnings or by way of a stock dividend payable in shares of its Common Stock on its Common Stock, the Company shall mail notice thereof to the Holder hereof registered Holders not less than ten (10) 15 days prior to the record date fixed for determining shareholders entitled to participate in such dividend or other distribution, distribution and the Holder hereof Holders shall not participate in such dividend or other distribution or be entitled to any rights on account or as a result thereof (except adjustments as provided in Section 6.5(b)) unless this Warrant may be converted, in whole or in part, pursuant and to Section 2.1 of this Warrant, and is converted the extent that such conversion rights are exercised prior to such record date. The provisions of this Section 7 6.8 shall not apply to distributions covered by Section 6.4(a) or made in connection with transactions covered by Section 56.6 hereof.

NOTICE OF EXTRAORDINARY DIVIDENDS. If the Board of Directors of the Company shall declare any dividend or other distribution on its Common Stock except out of earned surplus retained earnings or by way of a stock dividend payable in shares of its Common Stock on its Common Stock, the Company shall mail notice thereof to the registered Holder hereof not less than ten (10) 15 days prior to the record date fixed for determining shareholders entitled to participate in such dividend or other distribution, distribution and the Holder hereof shall not participate in such dividend or other distribution or be entitled to any rights on account or as a result thereof (except adjustments as provided in Section 6.5(b)) unless this Warrant may be converted, in whole or in part, pursuant and to Section 2.1 of this Warrant, and is converted the extent that such conversion rights are exercised prior to such record date. The provisions of this Section 7 6.8 shall not apply to distributions covered by Section 6.4(a) or made in connection with transactions covered by Section 56.6 hereof.

NOTICE OF EXTRAORDINARY DIVIDENDS. If the Board of Directors of the Company shall declare any dividend or other distribution on its Common Stock except out of earned surplus or by way of a stock dividend payable in shares of its Common Stock, the Company shall mail notice thereof to the Holder hereof not less than ten fifteen (1015) days prior to the record date fixed for determining shareholders entitled to participate in such dividend or other distribution, and the Holder hereof shall not participate in such dividend or other distribution unless this Warrant may be converted, in whole or in part, pursuant to Section 2.1 of this Warrant, and is converted prior to such record date. The provisions of this Section 7 6 shall not apply to distributions made in connection with transactions covered by Section 5.