Common use of Notices With Respect to Proposed Issuance of New Securities Clause in Contracts

Notices With Respect to Proposed Issuance of New Securities. In the event Newco proposes to undertake an issuance or other transfer of New Securities, it shall give each Stockholder entitled to a First Option pursuant to this ARTICLE VII written notice (the "COMPANY NOTICE") of its intention, describing in detail the type of New Securities, the price and the terms upon which Newco proposes to issue or otherwise transfer such New Securities. Each such Stockholder shall have 10 Business Days from the date of receipt of any such Company Notice to agree to purchase, pursuant to the exercise of the First Option, up to such Stockholder's Pro Rata Portion of each type and class and series of such New Securities (i.e., the same strips) for the price and upon the terms and conditions specified in the Company Notice by giving written notice to Newco and stating therein the quantity of New Securities to be purchased.

Notices With Respect to Proposed Issuance of New Securities. In the event Newco Boise Holdings proposes to undertake an issuance or other transfer of New Securities, it shall give each Stockholder Securityholder entitled to a First Option pursuant to this ARTICLE VII Article VI written notice (the "COMPANY NOTICE"“Company Notice”) of its intention, describing in detail the type of New Securities, the price and the terms upon which Newco Boise Holdings proposes to issue or otherwise transfer such New Securities. Each such Stockholder Securityholder shall have 10 Business Days from the date of receipt of any such Company Notice to agree to purchase, pursuant to the exercise of the First Option, up to such Stockholder's Securityholder’s Pro Rata Portion of each type and class and series of such New Securities (i.e., the same strips) for the price and upon the terms and conditions specified in the Company Notice by giving written notice to Newco Boise Holdings and stating therein the quantity of New Securities to be purchased.

Notices With Respect to Proposed Issuance of New Securities. In the event Newco Timber Holding Co. proposes to undertake an issuance or other transfer of New Securities, it shall give each Stockholder entitled to a First Option pursuant to this ARTICLE VII Article VI written notice (the "COMPANY NOTICE"“Company Notice”) of its intention, describing in detail the type of New Securities, the price and the terms upon which Newco Timber Holding Co. proposes to issue or otherwise transfer such New Securities. Each such Stockholder shall have 10 Business Days from the date of receipt of any such Company Notice to agree to purchase, pursuant to the exercise of the First Option, up to such Stockholder's ’s Pro Rata Portion of each type and class and series of such New Securities (i.e., the same strips) for the price and upon the terms and conditions specified in the Company Notice by giving written notice to Newco Timber Holding Co. and stating therein the quantity of New Securities to be purchased.

Notices With Respect to Proposed Issuance of New Securities. In the event Newco proposes to undertake an issuance or other transfer of New Securities, it shall give each Stockholder entitled to a First Option pursuant to this ARTICLE Article VII written notice (the "COMPANY NOTICECompany Notice") of its intention, describing in detail the type of New Securities, the price and the terms upon which Newco proposes to issue or otherwise transfer such New Securities. Each such Stockholder shall have 10 Business Days from the date of receipt of any such Company Notice to agree to purchase, pursuant to the exercise of the First Option, up to such Stockholder's Pro Rata Portion of each type and class and series of such New Securities (i.e., the same strips) for the price and upon the terms and conditions specified in the Company Notice by giving written notice to Newco and stating therein the quantity of New Securities to be purchased.