Common use of Notice of Proposed Action Clause in Contracts

Notice of Proposed Action. If after the Separation Time and prior to the Expiration Time: (a) there shall occur an adjustment in the rights attaching to the Rights pursuant to Section 3.01 as a result of the occurrence of a Flip-in Event, (b) the Corporation shall propose to effect or permit (in cases where the Corporation’s permission is required) any Flip-in Event, or (c) the Corporation shall propose to effect the liquidation, dissolution or winding up of the Corporation or the sale of all or substantially all of the Corporation’s assets, then, in each such case, the Corporation shall give to the Rights Agent and each holder of a Right, in accordance with Section 5.10, a notice of such event or proposed action, which shall specify the date on which such change to the Rights, Flip-in Event, liquidation, dissolution or winding up occurred or is to take place, and such notice shall be so given within l0 Business Days after the occurrence of a change to the Rights and not less than 20 Business Days prior to the date of taking such other proposed action by the Corporation.

Notice of Proposed Action. If after the Separation Time and prior to the Expiration Time: (a) there shall occur an adjustment in the rights attaching to the Rights pursuant to Section Section 3.01 as a result of the occurrence of a Flip-in Event, (b) the Corporation shall propose to effect or permit (in cases where the Corporation’s 's permission is required) any Flip-in Event, or (c) the Corporation shall propose to effect the liquidation, dissolution or winding up of the Corporation or the sale of all or substantially all of the Corporation’s 's assets, then, in each such case, the Corporation shall give to the Rights Agent and each holder of a Right, in accordance with Section 5.10, a notice of such event or proposed action, which shall specify the date on which such change to the Rights, Flip-in Event, liquidation, dissolution or winding up occurred or is to take place, and such notice shall be so given within l0 Business Days after the occurrence of a change to the Rights and not less than 20 Business Days prior to the date of taking such other proposed action by the Corporation.

Notice of Proposed Action. If after the Separation Time and prior to the Expiration Time: (a) there shall occur an adjustment in the rights attaching to the Rights pursuant to Section Section 3.01 as a result of the occurrence of a Flip-in Event,; (b) the Corporation shall propose to effect or permit (in cases where the Corporation’s 's permission is required) any Flip-in Event, ; or (c) the Corporation shall propose to effect the liquidation, dissolution or winding up of the Corporation or the sale of all or substantially all of the Corporation’s 's assets, then, in each such case, the Corporation shall give to the Rights Agent and each holder of a Right, in accordance with Section 5.10, a notice of such event or proposed action, which shall specify the date on which such change to the Rights, Flip-in Event, liquidation, dissolution or winding up occurred or is to take place, and such notice shall be so given within l0 10 Business Days after the occurrence of a change to the Rights and not less than 20 Business Days prior to the date of taking such other proposed action by the Corporation.