Common use of Notice to Warrantholders Clause in Contracts

Notice to Warrantholders. In case the Company shall (a) effect any dividend or distribution described in Section 3.4(b), (b) effect any Reorganization Event, (c) make any distribution on or in respect of the Class A [Class B] Common Stock in connection with the dissolution, liquidation or winding up of the Company or (d) reduce the then current Warrant Price pursuant to Section 3.4(d), then the Company shall mail to each holder of Warrants at such holder’s address as it shall appear on the books of the Warrant Agent, at least ten days prior to the applicable date hereinafter specified, a notice stating (x) the record date for such dividend or distribution, or, if a record is not to be taken, the date as of which the holders of record of Class A [Class B] Common Stock that will be entitled to such dividend or distribution are to be determined, (y) the date on which such Reorganization Event, dissolution, liquidation or winding up is expected to become effective, and the date as of which it is expected that holders of Class A [Class B] Common Stock of record shall be entitled to exchange their shares of Class A [Class B] Common Stock for securities or other property deliverable upon such Reorganization Event, dissolution, liquidation or winding up or (z) the first date on which the then current Warrant Price shall be reduced pursuant to Section 3.4(d). No failure to mail such notice nor any defect therein or in the mailing thereof shall affect any such transaction or any adjustment in the Warrant Price required by Section 3.4.

Appears in 2 contracts

Samples: Common Stock Warrant Agreement (Atreca, Inc.), Common Stock Warrant Agreement (Atreca, Inc.)

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Notice to Warrantholders. In case the Company shall (a) effect any dividend or distribution described in Section 3.4(b), (b) effect any Reorganization Event, (c) make any distribution on or in respect of the Class A [Class B] 2 Common Stock in connection with the dissolution, liquidation or winding up of the Company Company, or (d) reduce the then current Warrant Price pursuant to Section 3.4(d), then the Company shall mail to each holder of Warrants at such holder’s address as it shall appear on the books of the Warrant Agent, at least ten days prior to the applicable date hereinafter specified, a notice stating (x) the record date for such dividend or distribution, or, if a record is not to be taken, the date as of which the holders of record of Class A [Class B] 2 Common Stock that will be entitled to such dividend or distribution are to be determined, (y) the date on which such Reorganization Event, dissolution, liquidation or winding up is expected to become effective, and the date as of which it is expected that holders of Class A [Class B] 2 Common Stock of record shall be entitled to exchange their shares of Class A [Class B] 2 Common Stock for securities or other property deliverable upon such Reorganization Event, dissolution, liquidation or winding up up, or (z) the first date on which the then current Warrant Price shall be reduced pursuant to Section 3.4(d). No failure to mail such notice nor any defect therein or in the mailing thereof shall affect any such transaction or any adjustment in the Warrant Price required by Section 3.4.

Appears in 2 contracts

Samples: Warrant Agreement (Tilray Brands, Inc.), Warrant Agreement (Tilray, Inc.)

Notice to Warrantholders. In case the Company shall (a) effect any dividend or distribution described in Section 3.4(b), (b) effect any Reorganization Event, (c) make any distribution on or in respect of the Class A [Class B] Common Stock ordinary shares in connection with the dissolution, liquidation or winding up of the Company Company, or (d) reduce the then current Warrant Price pursuant to Section 3.4(d), then the Company shall mail to each holder of Warrants at such holder’s address as it shall appear on the books of the Warrant Agent, at least ten days prior to the applicable date hereinafter specified, a notice stating (x) the record date for such dividend or distribution, or, if a record is not to be taken, the date as of which the holders of record of Class A [Class B] Common Stock ordinary shares that will be entitled to such dividend or distribution are to be determined, (y) the date on which such Reorganization Event, dissolution, liquidation or winding up is expected to become effective, and the date as of which it is expected that holders of Class A [Class B] Common Stock ordinary shares of record shall be entitled to exchange their shares of Class A [Class B] Common Stock ordinary shares for securities or other property deliverable upon such Reorganization Event, dissolution, liquidation or winding up up, or (z) the first date on which the then current Warrant Price shall be reduced pursuant to Section 3.4(d). No failure to mail such notice nor any defect therein or in the mailing thereof shall affect any such transaction or any adjustment in the Warrant Price required by Section 3.4.

Appears in 2 contracts

Samples: Ordinary Share Warrant Agreement (Bitdeer Technologies Group), Warrant Agreement (Pagaya Technologies Ltd.)

Notice to Warrantholders. In case the Company shall (a) effect any dividend or distribution described in Section 3.4(b), (b) effect any Reorganization Event, (c) make any distribution on or in respect of the Class A [Class B] Common Stock Warrant Securities in connection with the dissolution, liquidation or winding up of the Company Company, or (d) reduce the then current Warrant Price pursuant to Section 3.4(d), then the Company shall mail to each holder of Warrants at such holder’s address as it shall appear on the books of the Warrant Agent, at least ten 10 days prior to the applicable date hereinafter specified, a notice stating (x) the record date for such dividend or distribution, or, if a record is not to be taken, the date as of which the holders of record of Class A [Class B] Common Stock Warrant Securities that will be entitled to such dividend or distribution are to be determined, (y) the date on which such Reorganization Event, dissolution, liquidation or winding up is expected to become effective, and the date as of which it is expected that holders of Class A [Class B] Common Stock Warrant Securities of record shall be entitled to exchange their shares of Class A [Class B] Common Stock Warrant Securities for securities or other property deliverable upon such Reorganization Event, dissolution, liquidation or winding up up, or (z) the first date on which the then current Warrant Price shall be reduced pursuant to Section 3.4(d). No failure to mail such notice nor any defect therein or in the mailing thereof shall affect any such transaction or any adjustment in the Warrant Price required by Section 3.4.

Appears in 2 contracts

Samples: Warrant Agreement (TerrAscend Corp.), Warrant Agreement (TerrAscend Corp.)

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Notice to Warrantholders. In case the Company shall (a) effect any dividend or distribution described in Section 3.4(b)on the Warrant Securities, (b) effect any Reorganization Event, (c) make any distribution on or in respect of the Class A [Class B] Common Stock Warrant Securities in connection with the dissolution, liquidation or winding up of the Company Company, or (d) reduce the then current Warrant Price pursuant to Section 3.4(d), then the Company shall mail to each holder of Warrants at such holder’s address as it shall appear on the books of the Warrant Agent, at least ten (10) days prior to the applicable date hereinafter specified, a notice stating (x) the record date for such dividend or distribution, or, if a record is not to be taken, the date as of which the holders of record of Class A [Class B] Common Stock that will be entitled to such dividend or distribution are to be determined, (y) the date on which such Reorganization Event, dissolution, liquidation or winding up is expected to become effective, and the date as of which it is expected that holders of Class A [Class B] Common Stock Warrant Securities of record shall be entitled to exchange their shares of Class A [Class B] Common Stock Warranty Securities for securities or other property deliverable upon such Reorganization Event, dissolution, liquidation or winding up up, or (z) the first date on which the then current Warrant Price shall be reduced pursuant to Section 3.4(d). No failure to mail such notice nor any defect therein or in the mailing thereof shall affect any such transaction or any adjustment in the Warrant Price required by Section 3.4.

Appears in 1 contract

Samples: Warrant Agreement (MGT Capital Investments Inc)

Notice to Warrantholders. In case the Company shall (a) effect any dividend or distribution described in Section 3.4(b), (b) effect any Reorganization Event, (c) make any distribution on or in respect of the Class A [Class B] Common Stock or Preferred Stock, as applicable, in connection with the dissolution, liquidation or winding up of the Company Company, or (d) reduce the then current Warrant Price pursuant to Section 3.4(d), then the Company shall mail to each holder of Warrants at such holder’s address as it shall appear on the books of the Warrant Agent, at least ten days prior to the applicable date hereinafter specified, a notice stating (x) the record date for such dividend or distribution, or, if a record is not to be taken, the date as of which the holders of record of Class A [Class B] Common Stock or Preferred Stock, as applicable, that will be entitled to such dividend or distribution are to be determined, (y) the date on which such Reorganization Event, dissolution, liquidation or winding up is expected to become effective, and the date as of which it is expected that holders of Class A [Class B] Common Stock or Preferred Stock, as applicable, of record shall be entitled to exchange their shares of Class A [Class B] Common Stock or Preferred Stock, as applicable, for securities or other property deliverable upon such Reorganization Event, dissolution, liquidation or winding up up, or (z) the first date on which the then current Warrant Price shall be reduced pursuant to Section 3.4(d). No failure to mail such notice nor any defect therein or in the mailing thereof shall affect any such transaction or any adjustment in the Warrant Price required by Section 3.4.

Appears in 1 contract

Samples: Warrant Agreement (Alliqua BioMedical, Inc.)

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