Common use of Notice to Holder Clause in Contracts

Notice to Holder. Whenever the Conversion Price is adjusted as a result of any Conversion Reset, the Company shall promptly deliver to the Holder by facsimile or email a notice setting forth the Conversion Price after such Company action or adjustment and any resulting adjustment to the number of Conversion Shares and setting forth a brief statement of the facts requiring such adjustment.

Appears in 4 contracts

Samples: Psyence Biomedical Ltd., Psyence Biomedical Ltd., Psyence Biomedical Ltd.

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Notice to Holder. Whenever the Conversion Price is adjusted (a) as a result of any Conversion ResetReset Offering by the Company, or (b) pursuant to any provision of Section 5(b)(ii), the Company shall promptly deliver to the Holder by facsimile or email a notice setting forth the Conversion Price after such Company action or adjustment and any resulting adjustment to the number of Conversion Shares and setting forth a brief statement of the facts requiring such adjustment.

Appears in 2 contracts

Samples: Registration Rights Agreement (Zoomcar Holdings, Inc.), Zoomcar Holdings, Inc.

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