SBIC Regulatory Provisions. (1) The Company shall notify each SBIC Holder as soon as practicable (and, in any event, not later than 15 days) prior to taking any action after which the number of record holders of the Company's voting stock would be increased from fewer than 50 to 50 or more, and the Company shall notify each SBIC Holder of any other action or occurrence after which the number of record holders of the Company's voting stock was increased (or would increase) from fewer than 50 to 50 or more, as soon as practicable after the Company becomes aware that such other action or occurrence has occurred or is proposed to occur.
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Samples: Preferred Stock Repurchase and Issuance Agreement (Triton PCS Inc), Norfolk Preferred Stock Purchase Agreement (Triton PCS Holdings Inc), Triton PCS Holdings Inc
SBIC Regulatory Provisions. (1a) The Company shall notify each SBIC Holder as soon as practicable (and, in any event, not later than 15 days) prior to taking any action after which the number of record holders of the Company's voting stock would be increased from fewer than 50 to 50 or more, and the Company shall notify each SBIC Holder of any other action or occurrence after which the number of record holders of the Company's voting stock was increased (or would increase) from fewer than 50 to 50 or more, as soon as practicable after the Company becomes aware that such other action or occurrence has occurred or is proposed to occur.
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Samples: Securities Purchase Agreement (Telecorp PCS Inc), Securities Purchase Agreement (Tritel Finance Inc), Stock Purchase Agreement (Telecorp PCS Inc)
SBIC Regulatory Provisions. (1a) The Company shall notify each SBIC -------------------------- Holder as soon as practicable (and, in any event, not later than 15 days) prior to taking any action after which the number of record holders of the Company's voting stock would be increased from fewer than 50 to 50 or more, and the Company shall notify each SBIC Holder of any other action or occurrence after which the number of record holders of the Company's voting stock was increased (or would increase) from fewer than 50 to 50 or more, as soon as practicable after the Company becomes aware that such other action or occurrence has occurred or is proposed to occur.
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Samples: Puerto Rico Stock Purchase Agreement (Telecorp PCS Inc)
SBIC Regulatory Provisions. (1i) The Company shall notify each holder of Underlying Common Stock which is an SBIC Holder (an "SBIC Holder") as soon as practicable (and, in any event, not later than 15 days) prior to taking any action after which the number of record holders of the Company's voting stock would be increased from fewer than 50 to 50 or more, and the Company shall notify each SBIC Holder of any other action or occurrence after which the number of record holders of the Company's voting stock was increased (or would increase) from fewer than 50 to 50 or more, as soon as practicable after the Company becomes aware that such other action or occurrence has occurred or is proposed to occur. Upon the occurrence of any such event or transaction, the Company shall enter into a Plan of Divestiture with each SBIC Holder as required by the SBIC Regulations.
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SBIC Regulatory Provisions. (1a) The Company shall notify each Holder which is a SBIC Holder (a "SBIC HOLDER") as soon as practicable (and, in any event, not later than 15 days) prior to taking any action after which the number of record holders of the Company's voting stock would be increased from fewer than 50 to 50 or more, and the Company shall notify each SBIC Holder of any other action or occurrence after which the number of record holders of the Company's voting stock was increased (or would increase) from fewer than 50 to 50 or more, as soon as practicable after the Company becomes aware that such other action or occurrence has occurred or is proposed to occur.
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Samples: Preferred Stock and Warrant Purchase Agreement (Berry Plastics Acquisition Corp Iii)
SBIC Regulatory Provisions. (1i) The Company shall notify each holder of Stock which is an SBIC Holder (an "SBIC Holder") as soon as practicable (and, in any event, not later than 15 days) prior to taking any action after which the number of record holders of the Company's voting stock would be increased from fewer than 50 to 50 or more, and the Company shall notify each SBIC Holder of any other action or occurrence after which the number of record holders of the Company's voting stock was increased (or would increase) from fewer than 50 to 50 or more, as soon as practicable after the Company becomes aware that such other action or occurrence has occurred or is proposed to occur. Upon the occurrence of any such event or transaction, the Company shall enter into a Plan of Divestiture with each SBIC Holder as required by the SBIC Regulations.
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Samples: Purchase Agreement (United Usn Inc)
SBIC Regulatory Provisions. (1a) The Company shall notify each -------------------------- SBIC Holder as soon as practicable (and, in any event, not later than 15 days) prior to taking any action after which the number of record holders of the Company's voting stock would be increased from fewer than 50 to 50 or more, and the Company shall notify each SBIC Holder of any other action or occurrence after which the number of record holders of the Company's voting stock was increased (or would increase) from fewer than 50 to 50 or more, as soon as practicable after the Company becomes aware that such other action or occurrence has occurred or is proposed to occur.
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