Common use of Notice to Holder Clause in Contracts

Notice to Holder. Whenever the conversion price is adjusted pursuant to any provision of this Section 3, the Company shall promptly deliver to each Holder a notice setting forth the Conversion price after such adjustment and setting forth a brief statement of the facts requiring such adjustment.

Appears in 7 contracts

Samples: chatAND, Inc., chatAND, Inc., chatAND, Inc.

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Notice to Holder. Whenever the conversion price Conversion Price is adjusted pursuant to any provision of this Section 3, the Company shall promptly deliver mail to each the Holder a notice setting forth the Conversion price Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment.

Appears in 1 contract

Samples: Securities Purchase Agreement (Electronic Sensor Technology, Inc)

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