Common use of Notice of Record Date Clause in Contracts

Notice of Record Date. In the event of: a) any taking by the Company of a record of the holders of any class of securities for the purpose of determining the holders thereof who are entitled to receive any dividend or other distribution, or any right to subscribe for, purchase or otherwise acquire any shares of stock of any class or any other securities or property, or to receive any other right; b) any capital reorganization of the Company, any reclassification or recapitalization of the capital stock of the Company or any transfer of all or substantially all the assets of the Company to or any consolidation or merger of the Company with or into any other Person or any other Change of Control; or c) any voluntary or involuntary dissolution, liquidation or winding-up of the Company; then, and in each such event, the Company will mail or email or cause to be mailed or emailed to the Holder a notice specifying (i) the date on which any such record is to be taken for the purpose of such dividend, distribution or right, and stating the amount and character of such dividend, distribution or right, or (ii) the date on which any such reorganization, reclassification, recapitalization, transfer, consolidation, merger, dissolution, liquidation or winding-up is anticipated to take place, and the time, if any is to be fixed, as of which the holders of record of Common Stock shall be entitled to exchange their shares of Common Stock for securities or other property deliverable on such reorganization, reclassification, recapitalization, transfer, consolidation, merger, dissolution, liquidation or winding-up. Such notice shall be mailed or emailed at least fifteen (15) days prior to the date specified in such notice on which any such action is to be taken.

Appears in 10 contracts

Samples: Placement Agent Warrant (Qualigen Therapeutics, Inc.), Placement Agent Warrant (Qualigen Therapeutics, Inc.), Placement Agent Warrant (Qualigen Therapeutics, Inc.)

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Notice of Record Date. In the event of: a(1) any taking by the Company Maker of a record of the holders of any class of securities for the purpose of determining the holders thereof who are entitled to receive any dividend or other distribution, or any right to subscribe for, purchase or otherwise acquire any shares of stock of any class or any other securities or property, or to receive any other right;, or b(2) any capital reorganization of the CompanyMaker, any reclassification reclassifica­tion or recapitalization of the capital stock of the Company Maker, any merger or any consolidating of Maker or a transfer of all or substantially all of the assets of the Company company to or any consolidation or merger of the Company with or into any other Person corpora­tion, or any other Change of Control; entity or person, or c(3) any voluntary or involuntary dissolution, liquidation or winding-winding up of the Company; thenMaker, then and in each such event, the Company will event Maker shall mail or email or cause to be mailed or emailed to the Holder a notice specifying (i) the date on which any such record is to be taken for the purpose of such dividend, distribution or right, right and stating the amount and character a description of such said dividend, distribution or right, or (ii) the date on which any such reorganization, reclassification, recapitalization, transfer, consolidation, merger, dissolution, liquidation or winding-winding up is anticipated expected to take place, become effective and (iii) the time, if any any, that is to be fixed, as of which to when the holders of record of Common Stock common stock (or other securities) shall be entitled to exchange their shares of Common Stock common stock (or other securities) for securities or other property deliverable on upon such reorganization, reclassification, recapitalization, transfer, consolidation, merger, dissolution, liquidation or winding-winding up. Such notice shall be mailed or emailed at least fifteen thirty (1530) days prior to the date specified in such notice on which any such action is to be taken.

Appears in 4 contracts

Samples: Convertible Promissory Note (MAGELLAN GOLD Corp), Convertible Promissory Note (Athena Silver Corp), Unsecured Convertible Credit Note (Athena Silver Corp)

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Notice of Record Date. In the event of: a(1) any taking by the Company Maker of a record of the holders of any class of securities for the purpose of determining the holders thereof who are entitled to receive any dividend or other distribution, or any right to subscribe for, purchase or otherwise acquire any shares of stock of any class or any other securities or property, or to receive any other right;, or b(2) any capital reorganization of the CompanyMaker, any reclassification or recapitalization of the capital stock of the Company Maker, any merger or any consolidating of Maker or a transfer of all or substantially all of the assets of the Company company to or any consolidation or merger of the Company with or into any other Person corporation, or any other Change of Control; entity or person, or c(3) any voluntary or involuntary dissolution, liquidation or winding-winding up of the Company; thenMaker, then and in each such event, the Company will event Maker shall mail or email or cause to be mailed or emailed to the Holder a notice specifying (i) the date on which any such record is to be taken for the purpose of such dividend, distribution or right, right and stating the amount and character a description of such said dividend, distribution or right, or (ii) the date on which any such reorganization, reclassification, recapitalization, transfer, consolidation, merger, dissolution, liquidation or winding-winding up is anticipated expected to take place, become effective and (iii) the time, if any any, that is to be fixed, as of which to when the holders of record of Common Stock common stock (or other securities) shall be entitled to exchange their shares of Common Stock common stock (or other securities) for securities or other property deliverable on upon such reorganization, reclassification, recapitalization, transfer, consolidation, merger, dissolution, liquidation or winding-winding up. Such notice shall be mailed or emailed at least fifteen thirty (1530) days prior to the date specified in such notice on which any such action is to be taken.

Appears in 1 contract

Samples: 3% Secured Convertible Promissory Note (MAGELLAN GOLD Corp)

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