Common use of Reasonable Notification Procedures Clause in Contracts

Reasonable Notification Procedures. With respect to each Borrower Covered Person, the Borrower has established procedures reasonably designed to ensure that the Borrower receives notice from each such Borrower Covered Person of (i) any Disqualification Event relating to that Borrower Covered Person, and (ii) any event that would, with the passage of time, become a Disqualification Event relating to that Borrower Covered Person; in each case occurring up to and including the Closing Date.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Amarantus Bioscience Holdings, Inc.), Note Purchase Agreement (Blue Calypso, Inc.), Securities Purchase Agreement

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Reasonable Notification Procedures. With respect to each Borrower Company Covered Person, the Borrower has established procedures reasonably designed to ensure that the Borrower receives notice from each such Borrower Company Covered Person of (i) any Disqualification Event relating to that Borrower Company Covered Person, and (ii) any event that would, with the passage of time, become a Disqualification Event relating to that Borrower Company Covered Person; in each case occurring up to and including the Closing Date.

Appears in 1 contract

Samples: Bridge Financing Agreement (Jaguar Animal Health, Inc.)

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