Common use of Notices to Holder Clause in Contracts

Notices to Holder. In the event of (a) any fixing by the Company of a record date with respect to the holders of any class of securities of the Company for the purpose of determining which of such holders are entitled to dividends or other distributions, or any rights to subscribe for, purchase or otherwise acquire any shares of capital stock of any class or any other securities or property, or to receive any other right, (b) any capital reorganization of the Company, or reclassification or recapitalization of the capital stock of the Company or any transfer of all or substantially all of the assets or business of the Company to, or consolidation or merger of the Company with or into, any other entity or person, or (c) any voluntary or involuntary dissolution or winding up of the Company, then and in each such event the Company will give the Holder a written notice specifying, as the case may be (i) the record date for the purpose of such dividend, distribution, or right, and stating the amount and character of such dividend, distribution, or right; or (ii) the date on which any such reorganization, reclassification, recapitalization, transfer, consolidation, merger, conveyance, dissolution, liquidation, or winding up is to take place and the time, if any is to be fixed, as of which the holders of record of Common Stock (or such capital stock or securities receivable upon the exercise of this Warrant) shall be entitled to exchange their shares of Common Stock (or such other stock securities) for securities or other property deliverable upon such event. Any such notice shall be given at least ten (10) days prior to the earliest date therein specified.

Appears in 15 contracts

Samples: Warrant Agreement (Starr Insurance Holdings, Inc.), Warrant Agreement (Starr Insurance Holdings, Inc.), Warrant Agreement (Starr Insurance Holdings, Inc.)

AutoNDA by SimpleDocs

Notices to Holder. In the event of So long as this Warrant shall be outstanding and unexercised (ai) any fixing by if the Company of a record date with respect to shall pay any dividend or make any distribution upon the holders of any class of securities of the Company for the purpose of determining which of such holders are entitled to dividends or other distributionsCommon Stock, or any rights to subscribe for, purchase or otherwise acquire any shares of capital stock of any class or any other securities or property, or to receive any other right, (bii) if any capital reorganization of the Company, or reclassification or recapitalization of the capital stock of the Company, consolidation or merger of the Company with or any into another corporation, sale, lease or transfer of all or substantially all of the property and assets or business of the Company toto another corporation (as determined in accordance with Delaware General Corporation Law), or consolidation or merger of the Company with or into, any other entity or person, or (c) any voluntary or involuntary dissolution dissolution, liquidation or winding up of the CompanyCompany shall be effected, then and then, in each any such event case, the Company will give shall cause to be delivered to the Holder a written notice specifyingHolder, at least ten days prior to the date specified in (x) and at least thirty days prior to the date specified in (y) below, as the case may be, a notice containing a brief description of the proposed action and stating the date on which (x) a record is to be (i) the record date taken for the purpose of such dividend, distributiondistribution or rights, or right, and stating the amount and character of (y) such dividend, distribution, or right; or (ii) the date on which any such reclassification reorganization, reclassification, recapitalization, transfer, consolidation, merger, conveyance, lease, dissolution, liquidation, liquidation or winding up is to take place and at least twenty days prior notice as to the timedate, if any is to be fixed, as of which the holders of record of Common Stock (or such capital stock or securities receivable upon the exercise of this Warrant) record shall be entitled to exchange their shares of Common Stock (or such other stock securities) for securities or other property deliverable upon such event. Any such notice shall be given at least ten (10) days prior to the earliest date therein specifiedreclassification, reorganization, consolidation, merger, conveyance, dissolution, liquidation, or winding up.

Appears in 1 contract

Samples: Warrant Agreement (Applied Voice Recognition Inc /De/)

AutoNDA by SimpleDocs

Notices to Holder. In the event of So long as this Warrant shall be outstanding and ----------------- unexercised (ai) any fixing by if the Company of a record date with respect to shall pay any dividend or make any distribution upon the holders of any class of securities of the Company for the purpose of determining which of such holders are entitled to dividends or other distributionsCommon Stock, or any rights to subscribe for, purchase or otherwise acquire any shares of capital stock of any class or any other securities or property, or to receive any other right, (bii) if any capital reorganization of the Company, or reclassification or recapitalization of the capital stock of the Company, consolidation or merger of the Company with or any into another corporation, sale, lease or transfer of all or substantially all of the property and assets or business of the Company toto another corporation (as determined in accordance with Delaware General Corporation Law), or consolidation or merger of the Company with or into, any other entity or person, or (c) any voluntary or involuntary dissolution dissolution, liquidation or winding up of the CompanyCompany shall be effected, then and then, in each any such event case, the Company will give shall cause to be delivered to the Holder a written notice specifyingHolder, at least ten days prior to the date specified in (x) and at least thirty days prior to the date specified in (y) below, as the case may be, a notice containing a brief description of the proposed action and stating the date on which (x) a record is to be (i) the record date taken for the purpose of such dividend, distributiondistribution or rights, or right, and stating the amount and character of (y) such dividend, distribution, or right; or (ii) the date on which any such reclassification reorganization, reclassification, recapitalization, transfer, consolidation, merger, conveyance, lease, dissolution, liquidation, liquidation or winding up is to take place and at least twenty days prior notice as to the timedate, if any is to be fixed, as of which the holders of record of Common Stock (or such capital stock or securities receivable upon the exercise of this Warrant) record shall be entitled to exchange their shares of Common Stock (or such other stock securities) for securities or other property deliverable upon such event. Any such notice shall be given at least ten (10) days prior to the earliest date therein specifiedreclassification, reorganization, consolidation, merger, conveyance, dissolution, liquidation, or winding up.

Appears in 1 contract

Samples: Warrant Agreement (Applied Voice Recognition Inc /De/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!