Common use of Notice of Record Dates; Adjustments Clause in Contracts

Notice of Record Dates; Adjustments. In the event of a Corporate Transaction, the Company shall provide to the Holder twenty (20) days advance written Notice of such Corporate Transaction. The Company shall promptly notify the Holder in writing of each adjustment or readjustment of the Exercise Price hereunder and the number of Warrant Shares issuable upon the exercise of this Warrant. Such Notice shall state the adjustment or readjustment and show in reasonable detail the facts on which that adjustment or readjustment is based, as well as whether this Warrant will be cancelable as specified above.

Appears in 4 contracts

Samples: Term Note Purchase Agreement (Capital Growth Systems Inc /Fl/), Two Year Team Note Purchase Agreement (Capital Growth Systems Inc /Fl/), Bridge Note Purchase Agreement (Capital Growth Systems Inc /Fl/)

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