Common use of Notice to the Holder Clause in Contracts

Notice to the Holder. Whenever the Conversion Price is adjusted pursuant to any provision of this Section 5, 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 3 contracts

Samples: Convertible Security Agreement (Avant Diagnostics, Inc), Convertible Security Agreement (Orbital Tracking Corp.), Convertible Security Agreement (San West, Inc)

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Notice to the Holder. Whenever the Conversion Price is adjusted pursuant to any provision of this Section 5, the Company Borrower 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 3 contracts

Samples: Share Exchange Agreement (Avant Diagnostics, Inc), Convertible Security Agreement (Avant Diagnostics, Inc), Convertible Security Agreement (Avant Diagnostics, Inc)

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Notice to the Holder. Whenever the Conversion Price is adjusted pursuant to any provision of this Section 5, the Company Borrower shall promptly deliver to each the 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 1 contract

Samples: Convertible Security Agreement (Amarantus Bioscience Holdings, Inc.)

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