Common use of Notices of Corporate Action Clause in Contracts

Notices of Corporate Action. In the event of (a) any taking by the Company of a record of the holders of any class of securities for the purpose of determining the holders thereof who are entitled to receive any dividend or other distribution, or any right to subscribe for, purchase or otherwise acquire any shares of stock of any class or any other securities or property, or to receive any other right, or (b) any capital reorganization of the Company, any reclassification or recapitalization of the capital stock of the Company or any consolidation or merger involving the Company and any other party or any transfer of all or substantially all of the assets of the Company to any other party, or (c) any voluntary or involuntary dissolution liquidation or winding-up of the Company, the Company will mail to the Warrantholder a notice specifying (i) the date or expected date on which any such record is to be taken for the purpose of such dividend, distribution or right and the amount and character of any such dividend, distribution or right and (ii) the date or expected date on which any such reorganization, reclassification, recapitalization, consolidation, merger, transfer, dissolution, liquidation or winding-up is to take place and the time, if any such time is to be fixed, as of which the holders of record of Common Stock (or other securities) shall be entitled to exchange their shares of Common Stock (or other securities) for the securities or other property deliverable upon such reorganization, reclassification, recapitalization, consolidation, merger, transfer, dissolution, liquidation or winding-up. Such notice shall be mailed at least 20 days prior to the date herein specified in the foregoing subdivision (i) or (ii).

Appears in 4 contracts

Samples: Shadow Warrant Agreement (Blackhawk Investors LLC), Shadow Warrant Agreement (Blackhawk Investors LLC), Shadow Warrant Agreement (Blackhawk Investors LLC)

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Notices of Corporate Action. In the event of (a) any taking by the Company of a record of the holders of any class of securities Securities for the purpose of determining the holders thereof who are entitled to receive any dividend or other distribution, or any right to subscribe for, purchase or otherwise acquire any shares of stock of any class or any other securities or property, or to receive any other right, or (b) any capital reorganization of the Company, any reclassification or recapitalization of the capital stock of the Company or any consolidation or merger involving the Company and any other party or any transfer of all or substantially all of the assets of the Company to any other party, or (c) any voluntary or involuntary dissolution dissolution, liquidation or winding-winding up of the Company, the Company will mail to the Warrantholder a notice specifying (i) the date or expected date on which any such record is to be taken for the purpose of such dividend, distribution or right and the amount and character of any such dividend, distribution or right and (ii) the date or expected date on which any such reorganization, reclassification, recapitalization, consolidation, merger, transfer, dissolution, liquidation or winding-up is to take place and the time, if any such time is to be fixed, as of which the holders of record of Common Stock (or other securitiesSecurities) shall be entitled to exchange their shares of Common Stock (or other securities) for the securities or other property deliverable upon such reorganization, reclassification, recapitalization, consolidation, merger, transfer, dissolution, liquidation or winding-up. Such notice shall be mailed at least 20 30 days prior to the date herein specified therein specified, in the case of any date referred to in the foregoing subdivision (i) or ), and at least 30 days prior to the date therein specified, in the case of the date referred to in the foregoing subdivision (ii).

Appears in 2 contracts

Samples: Common Stock Purchase Warrants (Deeptech International Inc), Common Stock Purchase Warrant (Deeptech International Inc)

Notices of Corporate Action. In the event of: (a) any offer to any holders of Common Stock of rights to subscribe for or to purchase any Additional Shares or other securities, or (b) any taking by the Company of a record of the holders of any class of securities for the purpose of determining the holders thereof who are entitled to receive any dividend or other distribution, or any right to subscribe for, purchase or otherwise acquire any shares of stock of any class or any other securities or property, or to receive any other right, or (bc) any capital reorganization of the Company, any reclassification or recapitalization of the capital stock of the Company or any consolidation or merger involving the Company and any other party person or entity, any share exchange involving stockholders of the Company or any transfer of all or substantially all of the assets of the Company to any other partyperson or entity, or (cd) any voluntary or involuntary dissolution dissolution, liquidation or winding-winding up of the Company, the Company will mail to the each known Warrantholder a notice specifying (i) the terms of such offer, and (ii) the date or expected date on which any such record is to be taken for the purpose of such dividend, distribution or right right, and the amount and character of any such dividend, distribution or right right, and (iiiii) the date or expected date on which any such reorganization, reclassification, recapitalization, consolidation, merger, share exchange, transfer, dissolution, liquidation or winding-winding up is to take place and the time, if any such time is to be fixed, as of which the holders of record of Common Stock (or other securities) shall be entitled to exchange their shares of Common Stock (or other securities) for the securities or other property deliverable upon such reorganization, reclassification, recapitalization, consolidation, merger, share exchange, transfer, dissolution, liquidation or winding-winding up. Such notice shall be mailed at least 20 15 days prior to the date herein specified in the foregoing subdivision (i) or (ii)therein specified.

Appears in 2 contracts

Samples: Warrant Agreement (Infinity Inc), Warrant Agreement (Gexa Corp)

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Notices of Corporate Action. In the event of (a) any taking by the Company of a record of the holders of any class of securities for the purpose of determining the holders thereof who are entitled to receive any dividend or other distribution, or any right to subscribe for, purchase or otherwise acquire any shares of stock of any class or any other securities or property, or to receive any other right, or, (b) any capital reorganization of the Company, any reclassification or recapitalization of the capital stock of the Company or any consolidation or merger involving the Company and any other party Person or any transfer of all or substantially all of the assets of the Company to any other partyPerson, or (c) any voluntary or involuntary dissolution dissolution, liquidation or winding-up of the Company, the Company will mail to the Warrantholder holder of this Warrant a notice specifying (i) the date or expected date on which any such record is to be taken for the purpose of such dividend, distribution or right right, and the amount and character of any such dividend, distribution or right right, and (ii) the date or expected date on which any such reorganization, reclassification, recapitalization, consolidation, merger, transfer, dissolution, liquidation or liquidation, winding-up or Sale of the Company is to take place and place, the time, if any such time is to be fixed, as of which the holders of record of Common Stock (or other securities) shall be entitled to exchange their shares of Common Stock (or other securities) for the securities or other property deliverable upon such reorganization, reclassification, recapitalization, consolidation, merger, transfer, dissolution, liquidation or winding-upup and a description in reasonable detail of the transaction. Such notice shall be mailed at least 20 days prior promptly after the decision is made to take any of the date herein actions specified in the foregoing subdivision (ia)-(c) or (ii)above.

Appears in 2 contracts

Samples: Warrant Agreement (Infocast Corp /Nv), Warrant Agreement (Infocast Corp /Nv)

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